Banking & Financial Services

Compliance Associate 6 month FTC

Not Specified


To assist the Financial Crime Compliance team with monitoring reviews, data protection reviews and oversight, including, but not limited to, providing support to internal stakeholders where appropriate.

Key Accountabilities and Main Responsibilities

  • Review of AML reports & risk mitigation processes, including the preparation of written reports/recommendations
  • Investor identity review and assessments to determine appropriate ‘next steps’ in the due diligence process
  • Review of Politically Exposed Persons and associated parties, including report writing with findings and recommendations
  • Escalating issues as they arise to management, together with assessments/recommendations
  • Review of screening outputs and making recommendations and/or progressing further
  • Ad-hoc duties as same relates to financial crime risk mitigation
  • Assisting with data protection issues, including subject access requests or other privacy related matters
  • Ad-hoc duties as same relate to data protection
  • Understanding the role of the Authorised Corporate Director (ACD); the company’s regulatory obligations as ACD either directly or on a delegated basis, and the business implications.

Each member of staff has responsibility to adhere to Fund Solutions’ policies and procedures. In particular to ensure operational controls are carried out in accordance with laid down procedures, to ensure the ongoing mitigation of business risk. In this regard regular training should be agreed with the departmental manager / team leader.

Experience & Personal Attributes

  • Understanding of AML processes and controls
  • Knowledge of regulatory and legislative environment including JMLSG
  • Proven record in GDPR and DPA oversight and guidance
  • Ability to analyse and problem solve
  • Ability to communicate at all levels
  • Ability to audit records/identify deficiencies and escalate findings in a timely manner
  • Good written and verbal communication skills
  • Good IT skills (Word, Excel, PowerPoint)
  • Ability to explain and justify findings to management
  • Clear report writing skills
  • Ability to manage own workload
  • Minimum 24 months experience in a similar financial services role

Employment Type: Permanent