Compliance Monitoring Officer (Financial Services)

SUMMARY:
A well established international financial services concern with offices in Somerset West is seeking a Compliance Monitoring Officer who will plays a crucial role in protecting the company by ensuring the company’s Policies, Procedures and Controls (P,P&Cs) are in line with all relevant regulations and laws.

As the Compliance Monitoring Officer, you will conduct sampling to ensure the company adheres to its Policies, Procedures and Controls with the use of the Compliance Monitoring Programme and Periodic Reviews. The post holder will be working as a member of the Compliance Team based in the South Africa office and will report to the Associate Director, Compliance based in Guernsey

POSITION INFO:
Key Duties and Responsibilities:

• Ensuring that client’s due diligence is collected to the appropriate standard in line with our internal policies and procedures.
• Conduct Periodic Reviews, record any deficiencies and generate action points for remediation.
• Conduct client screening using our screening system and open-source searches.
• Monitor and analyse the results of the automated ongoing screening system and conducting research on relevant parties where potential adverse matches are identified.
• Conduct compliance monitoring in accordance with the compliance monitoring programme, to ensure compliance with all regulatory requirements and AML/CFT/CPF, record deficiencies and generate remediating action points.
• Assist in the development, implementation, and continuous improvement of internal policies and procedures to ensure operational efficiency and compliance
• Assist in the development and delivery of training materials for staff members on compliance topics.
• Assist in providing day to day support/guidance to the staff as required in respect of compliance and AML/CFT/CPF matters.
• Participate in training sessions to increase your knowledge and understanding of the regulatory environment.
• Complete any other duties as and when required to drive business success.
• Assisting with the project management of new initiatives.
• Adopt and reflect company values

• Any legal degree or certification
• Compliance, Risk Management or related degree or diploma
• 2-3 years experience of working in a compliance environment.
• Exposure to KYC (Know Your Customer) and CDD (Customer Due Diligence) processes will be highly advantageous
• Experience in compliance monitoring, regulatory reporting, or risk assessments is a plus
• An ability to articulate complex issues in a clear and concise manner.
• An aptitude for problem solving.
• A methodical approach to tasks with a strong focus on attention to detail
• Experience in collating and summarising data.
• Excellent organisational skills; prioritising, achieving deadlines.
• Consistently work at the standard required by the team and business.
• A willing and flexible attitude to working hours to support team and business needs, as required.

• Compliance Team
• Directors
• Management Team
• Colleagues