Our client, a corporate services provider are seeking to recruit for a Compliance Administrator. In this role you will assist with the ongoing monitoring of the existing clients and on-boarding of new clients to ensure compliance with regulatory obligations at all times as well as assisting with regulatory reporting.
Duties will include:
you will ensure that our group of companies worldwide conduct their business operations in full compliance with relevant national and international laws and regulations
Keeping abreast with the current company policies and procedures;
Assisting with the development and maintenance of compliance-related policies and procedures
Maintenance of records, updating and amending existing databases;
Attendance and minute taking of the compliance meetings;
Assisting with regulatory reporting and inspections, including analysis and preparing of data; this involves ensuring accurate and timely submissions;
Conducting Client Due Diligence (CDD), Enhanced Due Diligence (EDD) and ongoing monitoring for existing clients and prospect clients; including review and assessment of trust deeds, corporate documentation, and governance structures
Creation and review of customer profiles in the Company's database
compiling and summarising escalations (PEP sign off, Adverse Media sign off, High Risk client sign off) for Senior Management review.
Conducting Client Due Diligence checks (incl. WorldChecks/ Goggle searches, sanctions checks/ adverse media checks etc.) for 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.
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;
Requirements
Must hold experience in compliance ideally within the corporate services industry
Knowledge of AML-ATF legislation and Know Your Customer (KYC) procedures;
Local compliance experience is a must
Excellent verbal and written communication in English is required
Familiarity with trust and corporate structures, including nominee arrangements and holding companies;
