Compliance Assistant

  • Post Date: November 12, 2020
  • Isle of Man
Job Description

Role Description:
As the Compliance Assistant you will support the existing team to ensure compliance with all relevant regulatory and legislative requirements, enabling the continued provision of a strong framework of internal controls and best practice guidance.

Role Responsibilities:
– Handling queries from members of staff and providing recommendations and / or guidance
– Review of KYC / CDD received for individuals and / or entities connected to client entities (e.g. new and existing clients, power of attorneys, beneficiaries, directors)
– Conducting world-check searches on individuals and / or entities
– Conducting general internet searches on individuals and / or entities
– Confirming KYC / CDD complies with internal policy and procedures and also legal/regulatory requirements
– Addressing any potential deficiencies with KYC / CDD
– Risk Cycle File Reviews
– FATCA and CRS screening
– PEP screening and enhanced DD activities
– Assisting with process and procedure drafting
– Assisting with internal audit and monitoring activities
= Assisting with New Business Screening
– Promote a positive governance and compliance culture at all levels throughout the business

Skills & Experience Required:
– Excellent written and oral communication skills
= Ability to work to tight deadlines
– Good knowledge of compliance and regulatory environment
= Good working knowledge of offshore trust and corporate structures
= Good attention to detail
– Good analytical skills
= Good planning, problem solving & organisation skills
– An interest and commitment to on-going professional development and training/ already working towards an ICT accreditation
= Excellent discretion, judgment and organizational skills and be able to initiate projects with minimal instigation or oversight.

This post is for an initial period of 6 months with the view to possible extension.

Phone 01624 615600