Compliance Administrator

Senior Compliance Administrator

We are looking for a Compliance Administrator to join our compliance team.

Salary: 62k per month
Schedule:  Midshift

100% Remote

The successful candidate will be working alongside the Compliance Officer. You will also provide support to the CO/ MLRO ensuring the company functions in line with laws and regulations whilst meeting the business goals and needs. The working environment is English speaking, friendly, supportive and appreciative.

In this role you will assist with the on boarding of new clients to ensure compliance with regulatory obligations at all times. Therefore, solid experience and understanding of the AML requirements for a wide range of client types including: Private Individuals, Trusts, Charities and Corporate entities with both simple and complex ownership structures is required. In addition to the above, the successful candidate must have a sound understanding of the individuals / connected parties that must be identified depending on the client type.

The Role

As a Compliance Administrator, you will ensure that our group of companies worldwide conduct their business operations in full compliance with relevant national and international laws and regulations.

Duties include

Keep abreast with the current company policies and procedures;

Maintenance of records, updating and amending existing databases;

Attendance and minute taking of the compliance meetings;

Gathering and reviewing KYC documentation from prospective clients;

Creation and review of customer profiles in the Company's database;

Experience in compiling and summarising escalations (PEP sign off, Adverse Media sign off,

High Risk client sign off) for Senior Management review.

The successful candidate must be able to demonstrate the ability to carry out research, analysis and summarise the results of their findings in a clear manner.

Sound understanding of how to establish and record Source of Funds / Source of Wealth;

Carry on necessary Due Diligence checks (incl. WorldChecks/ Goggle searches, sanctions checks/ adverse media checks etc.) for the existing and potential new clients;

Carry on transaction monitoring for fraud and AML issues;

Retaining internal compliance registers, including but not limited to Sanctions, PEPs, Police/

Regulatory, Complaints, SARs, Gifts, Rejected Business, Closed Business, etc.

Maintenance of physical and electronic files, sustaining the security and integrity of data.

Liaison with the Administrative Team to gather the due diligence needed to meet internal policies and procedures;

Assisting the Compliance Manager of a sister law company with gathering and reviewing KYC documentation from prospective clients;

Assisting the Compliance Manager of a sister law company with the maintenance of records, updating and amending existing databases;

Assisting with the development and maintenance of compliance-related policies and procedures;

Authenticating due diligence for procedural compliance;

Clear understanding of the various financial crime and reputational risk-factors to consider when on boarding a new client;

Managing due diligence and compliance records for clients companies;

Supporting a two site-operation with data administration for the Corporate Administration and the Compliance Team;

Performing other administrative and ad-hoc duties as required;

Qualifications and Experience

Must hold experience in compliance and preferably a relevant professional compliance qualification;

Knowledge of AML-ATF legislation and Know Your Customer (KYC) procedures;

Versatile and flexible attitude with the ability to communicate well with all staff;

The ability to absorb and understand varied compliance matters;

Well organised and attention to detail;

A proactive approach in problem solving;

Strong IT skills with ability to learn new systems quickly and particularly competent in the use of Microsoft office products;

Excellent command of English both written and spoken;

Flexible working hours will be encouraged for the right candidate;

Continuity is crucial and therefore candidates who intend to remain with a job for the long term will be considered;