Compliance Officer

Our client seeks an experienced Compliance Officer to join their team. This role works closely with the Head of Compliance and includes overseeing file reviews, managing AML/CFT reporting, updating compliance policies, preparing board meeting materials and liaising with the FSA. Key Responsibilities: Check/sign-off new business questionnaires and take-on forms. Process new Client Risk Assessments completed by administrators/Directors. Ensure risk rating and file review dates of all clients and client entities are entered on the appropriate systems. Maintain the Risk Registers and entities/individuals being screened on RDC/SmartSearch and follow-up with queries/'hits' thereon. Complete annual/triennial file reviews and follow-up with the administrators re issues found and outstanding points. Alongside the Head of Compliance ('HoC'), ensure the Compliance Manual is kept up to date, adding new policies and procedures where necessary. Keep Code and Rule Book BRAs (and CRA and TRA) updated for quarterly Compliance Management Meetings. Complete FSA annual AML/CFT Statistical return for review and submission by the HoC each year. Complete FSA Annual Financial Statistical Return in conjunction with HoC for review and submission each year. Keep the data processing register, policies and procedures up to date and ensure the data risk register is reviewed at each quarterly meeting. Complete (and where relevant submit directly) FSA thematic questionnaires and other ad-hoc requests for statistical information. Keep up to date with changing regulation, update policies and procedures, and, in conjunction with the HoC, ensure staff are advised of the changes. Organise the agenda and produce all papers for quarterly Compliance Management Meetings, including a Compliance Report and take minutes at the meeting. Complete Compliance Monitoring Programme, as required, reporting back to the Directors on any areas that require attention/resolution. Advise the Directors from time to time on potential procedures improvements. Assist the Directors, reporting back to FSA following regulatory visits Key Skills & Experience: Proven experience in CSP Compliance. Collaborative mindset and initiative to suggest process improvements. Strong knowledge of AML/CFT regulations. Attention to detail and analytical thinking. Excellent organisational and time-management skills. Proficient in compliance monitoring and reporting.
If you have the required skills please apply online at searchandselect.com quoting reference number: 15980