Our client, who operates exceptional workspaces in central London is seeking an AML Officer. They have been operating for over twenty years where they combine some of the most iconic addresses, most sophisticated architecture with personal and attentive service. Our client is operating under the Trust and Company Service Providers / TCSP's regulatory umbrella. Our client is looking to recruit ASAP - up to to 4 weeks notice maximum please. This MLRO is very patient and supportive for you to flourish in this permanent opportunity.
Role Overview
Reporting to the firms MLRO, the AML Officer will be responsible for ensuring the company complies with all regulatory requirements pertaining to anti-money laundering (AML) and "Know Your Customer" (KYC) regulations. The role involves conducting "Customer Due Diligence" (CDD), "Enhanced Due Diligence" (EDD) and ongoing monitoring to mitigate the risks associated with financial crimes such as money laundering, fraud and terrorist financing. The ideal candidate will possess strong analytical skills, attention to detail and a solid understanding of the regulatory landscape.
Key Responsibilities:
AML & KYC Compliance
- Input new and renewal AML cases onto the firms database and generate AML requests to clients.
Perform customer identification procedures in line with the firms AML policy.
Carry out due diligence reviews on clients ensuring adherence to the firm's AML policy
Act as a point of reference for clients and team members for AML matters.
Provide support to MLRO, including deputising during periods of absence.
Risk Assessment & Mitigation:
- Conduct periodic reviews of clients based on their risk profile.
- Collaborate with internal teams to ensure appropriate AML risk controls are in place.
- Identify and recommend measures to improve internal controls to reduce financial risk.
Regulatory & Compliance:
- Maintain up to date knowledge of relevant regulations and legislation
- Maintain company compliance register including PEPs/adverse media
- Act as point of contact with regulatory bodies during audits/investigations
Training & Development:
- Assist MLRO in developing and delivering training to staff on AML/KYC regulations and compliance matters
- Keep abreast of changes in laws and regulations affecting AML & KYC obligations
- Assist in ensuring full compliance of the firm's AML training
Policy Implementation:
- Assist in drafting, reviewing and updating internal AML/KYC policies and procedures
- Assist in ensuring the firm's policies are properly communicated and understood by all employees.
- Continuously seek ways to streamline processes and optimise People operations for maximum efficiency
Key requirements:
- At least 2-3 years experience in AML, KYC or compliance role.
- Strong knowledge of AML regulations, KYC procedures and financial crime risk management
- Knowledge of complex ownership structures is an advantage
- Knowledge of SAR regime
- Ability to work unsupervised to deadlines
- Good communication skills
- Knowledge of workspace business sector preferable but not essential
- Good knowledge of Microsoft Office