Compliance Specialist

CSC; City Of London; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading compliance services provider is seeking a Compliance Specialist in London. The successful candidate will assist the Compliance team with KYC processes, monitor data entry, and ensure adherence to compliance policies. Candidates should have 3-4 years of compliance experience and extensive KYC knowledge. This is an exciting opportunity in a fast-growing firm with a focus on client onboarding and risk mitigation.

Qualifications

• 3-4 years compliance department experience required.
• Extensive KYC knowledge for client identification.
• Proven CDD experience for various entity types.

Responsibilities

• Assist with day-to-day KYC tasks in a second line of defense.
• Monitor data entry and prepare internal reporting.
• Update internal database for KYC review deadlines.

Skills

Compliance experience

KYC knowledge

Attention to detail

Organisational skills

Communication skills

Education

3-year degree

Tools

LexisNexis Bridger Insight XG

Refinitiv World-Check One

Job description

Overview

Compliance Specialist
London
Shared services
Permanent

CSCis the world’s leading provider of business, legal, tax, and digital brand services to companies around the globe. Our clients include many of the Fortune 500, FTSE100, CAC 40, and DAX 30 companies.

The Capital Markets Europe team is a division that provides our institutional clients with a comprehensive range of specialist debt and capital markets administration services.

Day to day responsibilities will focus on supporting the Compliance team on a second line of defense role; the Compliance team provides guidance to the first line on customer onboarding, KYC requirements and take the necessary steps to report financial crime. The ideal candidate is a highly motivated, inquisitive manager with a background in Client Onboarding, AML investigations and preferably knowledge of trust services regulations, who is extremely customer and team focused. This role would suit an ambitious, energetic person keen to progress further in a dynamic, rapidly-growing business.

Responsibilities

• Assist the Compliance team with the day-to-day tasks and obligations linked to Know Your Customer (KYC) review processes in a second line of defense role.
• Monitoring data entry and prepare internal reporting to assure client data are correctly recorded in the KYC by thefirst line of defence.
• Updating internal database to track deadlines to conduct mandatory KYC reviews according to risk levels.
• Support the business when high risk factors are escalated to the second line for further guidance (PEPs, sanctions and adverse media screening) following a risk-based approach.
• Liaising with stakeholders across multiple jurisdictions to facilitate harmonization of current UK Policies and procedures with company global standards.
• Implement a monitoring program that will include sample tasting to ensure CDD collected on new and existing clients is complete and accurate, ensuring decisions are fully reasoned and that all supporting documents are collected and maintained by the business. Report any findings to the Head of Compliance and collaborate to conduct remediation plans when necessary.
• Support the business with its screening facilities for PEPs, sanctions and adverse media screening, following a risk-based approach.
• Be familiar with a diverse range of capital markets structures and products, in order to provide the right recommendations to the business to mitigate risk factors.
• Assist the business in identifying areas of enhancement in the Compliance policies and procedures.
• Assist the business in maintaining its TCSP license and make sure regulator’s guidance is implemented and followed.
• Assist the Compliance team with other financial crime related tasks and projects as required.
• Support new joiners and first line of defense training.

Qualifications

• 3-4 years Compliance department experience.
• Minimum educational requirements:3-year degree.
• Extensive knowledge of KYC requirements for clients’ identification and verification.
• Proven experience with CDD requirements for different types of corporate, partnership and trust entities.
• Ability and commitment to adhere to and apply compliance policies and procedures.
• Understanding and knowledge of traditional money laundering and terrorist financing typologies.
• Understanding or experience with LexisNexis Bridger Insight XG or Refinitiv World-Check One or other on-chain monitoring solutions.
• Ability to handle a high volume of tasks while maintaining attention to detail and prioritising, as necessary.
• Strong organisational and time management skills.
• Conscientious and diligent.
• Ability to communicate with all levels of the firm professionally and tactfully.