Compliance Assistant (4 days in the office)

THE COMPANY:

We excited to be working with an International Wholesale Bank located in the City of London, who are looking for a Compliance Assistant to join the team.

THE RESPONSIBILITIES:

• In conjunction with the CCO, implement the annual AML risk assessment, compliance monitoring plan and perform the relevant quality assurance checks to ensure adherence of the branch to regulatory requirements.
• Conduct due diligence and EDD reviews on high-risk relationships. Support the CCO regarding suspicious activity reports (SARs) in investigation and reporting.
• Managing 4 eye checks on onboarding cases performed by Business Development team.
• Provide progress reports and recommendations to senior management on the suitability to continue to do business with customers, in conjunction with the Business Development team.
• Help compile reports for the management team and internal risk committees.
• Support the CCO and Compliance Manager in administering Compliance registers and other activities relevant to operation of the branch.
• Undertake and document periodic Compliance monitoring as well as ensure effective ongoing maintenance of relevant Compliance team registers.
• Organize employee Compliance training on compliance matters.
• In support of the CCO, oversee and monitor effective implementation of measures to mitigate sanction risk.
• Maintaining and updating sanctions list, advising staff of changes.
• Act as liaison contact for the Compliance team with Head Office, providing management reporting and dealing with ad-hoc requests, at all times keeping the CCO and Compliance Manager informed and seeking approval, as required.

EXPERIENCE REQUIRED:

• Must be able to work 4 days in the city office
• AML /KYC or compliance experience from a banking background
• Strong problem solving and multi-tasking skills
• Strong communication & interpersonal skills
• Able to build effective relationships across the business.
• Spoken and written Mandarin is desirable not essential

For further information please contact Hannah Tabatabai