Our client is seeking to recruit for a Compliance Executive to join the team.
Duties include:
Assuming an active role in the client onboarding process related to prospective clients, especially from a risk assessment, client screening, and customer due diligence perspective
Conduct ongoing AML/CFT monitoring on existing clients as necessary
Carrying out transaction monitoring from an AML/CFT perspective, and when this is deemed to be necessary
Conducting relevant risk assessments of the Company’s operations and business to identify exposure to ML/TF risks and determine measures to mitigate such exposure.
Supporting the MLRO and Head of Compliance in establishing the Company’s AML/CFT,
Compliance, and Risk Management Programs, focusing on creating policies and procedures and continuously updating them to reflect any new developments.
Providing AML/CFT and other compliance-related training to the Company’s employees.
Serving as a point of contact and information for other departments to understand their needs and ensure they are well-equipped to fulfil their obligations in the Company’s AML/CFT Programme.
Preparing regular AML/CFT and compliance reports for presentation to the Board of Directors.
Preparing external reports and submissions to relevant regulatory or other authorities in accordance with the Company’s compliance and AML/CFT obligations
Generally ensuring that the Company’s business operations are conducted in a manner that complies with any applicable laws, regulations, professional standards, accepted business practices, and internal standards from an AML/CFT perspective.
Conducting ongoing research into relevant AML/CFT and other regulatory laws that may apply to the Company and its operations
Supporting other members of the AML/CFT and Compliance team in performing AML/CFT- related functions and duties, especially by providing guidance and assistance to client onboarding team members with their daily responsibilites and tasks.
Generally supporting the MLRO and Head of Compliance with daily AML/CFT, compliance,
Requirements
2 - 3 years of experience within a compliance role
Local AML experience is required for this role
Knowledge of the Corporate industry regulations and practices
Knowledge in Due diligence & AML functions & practices
