Compliance Assistant

Compliance Professionals; Greater London; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading financial institution located in London is looking for a Compliance Assistant to join their team. The role involves implementing AML risk assessments, conducting due diligence, and providing compliance training. Ideal candidates will have banking experience in AML/KYC, strong problem-solving and communication skills, and the ability to build effective relationships within the organization. Mandarin language skills are desirable but not essential.

Qualifications

• AML/KYC or compliance experience from a banking background.
• Must be able to work 4 days in the city office.
• Strong ability to communicate effectively.

Responsibilities

• Implement the annual AML risk assessment and compliance monitoring plan.
• Conduct due diligence and EDD reviews on high-risk relationships.
• Manage four eye checks on onboarding cases.
• Provide progress reports and recommendations to senior management.
• Help compile reports for management and internal risk committees.

Skills

Problem solving

Multi-tasking

Communication

Interpersonal skills

Relationship building

Spoken and written Mandarin

Job description

THE COMPANY

We excited to be working with an International Wholesale Bank located in the City of London, who are looking for a Compliance Assistant to join the team.

THE RESPONSIBILITIES

• In conjunction with the CCO, implement the annual AML risk assessment, compliance monitoring plan and perform the relevant quality assurance checks to ensure adherence of the branch to regulatory requirements.
• Conduct due diligence and EDD reviews on high‑risk relationships. Support the CCO regarding suspicious activity reports (SARs) in investigation and reporting.
• Managing 4 eye checks on onboarding cases performed by Business Development team.
• Provide progress reports and recommendations to senior management on the suitability to continue to do business with customers, in conjunction with the Business Development team.
• Help compile reports for the management team and internal risk committees.
• Support the CCO and Compliance Manager in administering Compliance registers and other activities relevant to operation of the branch.
• Undertake and document periodic Compliance monitoring as well as ensure effective ongoing maintenance of relevant Compliance team registers.
• Organize employee Compliance training on compliance matters.
• In support of the CCO, oversee and monitor effective implementation of measures to mitigate sanction risk.
• Maintaining and updating sanctions list, advising staff of changes.
• Act as liaison contact for the Compliance team with Head Office, providing management reporting and dealing with ad‑hoc requests, at all times keeping the CCO and Compliance Manager informed and seeking approval, as required.

EXPERIENCE REQUIRED

• Must be able to work 4 days in the city office
• AML /KYC or compliance experience from a banking background
• Strong problem solving and multi‑tasking skills
• Strong communication & interpersonal skills
• Able to build effective relationships across the business.
• Spoken and written Mandarin is desirable not essential

For further information please contact Hannah Tabatabai