Compliance Administrator

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;
• Organized and attention to detail

Education and Experience

• relevant professional compliance qualification;

Benefits

• Hybrid