Job Description
Our client has an excellent opportunity for a Compliance Officer to join their busy Compliance department. Working collectively with the other team members you will be responsible for the compliant management of the Client companies by, ensuring adherence to all legislative and regulatory requirements to promote the highest standards of client relationship management.
Role Responsibilities
– Review alerts in RDC discounting where obvious false positives and escalating to relationship manager where further information is required. Chasing outstanding items on a weekly basis to ensure timing discounting and escalating any concerns to HoC. Monthly analysis of outstanding alerts to be provided to HoC.
– Complete RDC searches when required for all parties to new accounts and in relation to payments being approved by the business.
– Review and sign off new personal ID & Proof of address forms including undertaking RDC searches, adverse media searches as and when required escalating any concerns to HoC.
– Assist the HoC undertaking adverse media, RDC and checking Reverto regarding new accounts and updated CRA’s.
– Manage online training database, ensuring all employers are allocated mandatory training in line with agreed training plan and within 10 days for all new entrants.
– Non completion of mandatory training within the stated time frame to be reported to HoC as soon as training becomes overdue.
– Review online training material and provide feedback as to the adequacy and effectiveness to HoC.
– Sanctions – Undertake GAP analysis review to ensure that all active clients and connected parties are including in RDC under continuous monitoring on a quarterly basis.
– Daily check of clients account to ensure all transactions meet the terms of our agreement with bank.
– Monthly check of incoming post – check against electronic records and record within monitoring spreadsheet.
– Quarterly Review of Trust Bank reconciliations (required for CAR submission)
– Monthly review of Payments – check against electronic records and record within monitoring spreadsheet.
– Quarterly – Check PEP and High-profile register and undertake adverse media searches saving evidence to file. Any potential matches to be escalated to HoC.
And other duties to be advised.
Skills & Experience Required
– A practical understanding and application of high-quality client service delivery
– Good problem analysis and resolution skills
– Good verbal, written communication, and people skills, with the ability to present in a clear and concise manner
– Clear understanding of the products and services provided by TLTL
– Ability to identify, operational risk and controls
– Good technical CSP/TSP knowledge
– Good organization and control of workflow Able to work on own initiative
– Understanding of the importance of strong Corporate Governance
– Initiative-taking and can work under pressure
– Clear understanding of Regulatory requirements
Salary & Benefits
The salary for this role is negotiable, dependent upon qualification and experience and incudes an excellent benefits package.
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