Compliance Assistant

  • Job Reference: 13024
  • Date Posted: 23 February 2021
  • Recruiter: Carr Lyons
  • Location: London
  • Salary: On Application
  • Sector: Compliance
  • Job Type: Permanent
  • Work Hours: Full Time
  • Contact: Duncan Jeffery
  • Email:

Job Description

Compliance Assistant


Reporting to and working alongside the Head of Compliance / MLRO to assist with all Compliance and Financial Crime matters


·       Liaise with business to collate data for annual Fraud Risk Assessment

·       Support the Head of Compliance in individual branch risk assessments

·       Perform sanctions checks, monitoring and reviewing output and taking appropriate action

·       Maintain local operating policies and procedures

·       Maintain London Branch policies and procedures for publication in ISA

·       Assist the Head of Compliance in implementing UK and German regulatory changes within the organisation

·       Ensure on-going compliance with the UK regulations for AML & Compliance themes to minimise the risk throughout the business

·       Ensure that changes to AML& Compliance related laws and regulations are reviewed, analysed, tracked and embedded effectively

·       Maintain awareness and ensure compliance with other regulatory bodies requirements

·       Maintain register of relevant regulations for the branch

·       Escalate issues to Branch General Manager and / or Global Head in the absence of the Head of Compliance / MLRO

·       Prepare data for FCA Gabriel reporting

·       Assist in the preparation material for internal training & workshops

·       Maintain awareness with regulatory changes and the industry by attending Webinars, Seminars and Conferences

·       Advise staff on Compliance related matters as required

·       Ensure branch CPD logs are current and upto date

·       Maintain branch Training & Competence log

·       Archive and maintain documents in electronic data archiving system

·       Archive documents for offsite data storage

·       Liaise with colleagues in Hanover and other branches as required

·       Provide support to the Head of Compliance in Data Protection

·       Carry out and complete ad hoc project work as assigned

·       To provide ad hoc support as required to support integration project

·       Maintain and update Operational Reslience Plans

·       Provide support to the Head of Compliance in Operational Resilience topics

·       Actively participate in regular team meetings / calls (in person and on-line)

·       Document minutes & action points from meetings as required

·       Produce regular Management Information on Compliance / AML topics as required

·       Maintain KYC Customer database

·       Review the completed periodic review presented by the business

·       Maintain database of KYC periodic reviews

·       Monitor Compliance from the business units with the KYC reviews

·       Present completed KYC reviews to the branch MLRO for final review and sign off

·       Produce regular Management Information on KYC reviews

·       Liaise and advise the Relationship Manager on all KYC requirements

·       Review the completed KYC from the borrower to the Ultimate Beneficial Owner on complex deal structures across multiple jurisdictions

·       Identify PEPS during screening process and present the PEP form(s) to the relationship manager and senior management

·       Identify Red Flags within SDD/EDD reviews

·       Action daily alerts from WorldCheckOne

·       Perform customer screening, reviewing output and taking appropriate action for all new business and periodic reviews

·       Regular review and monitoring of existing suppliers in WorldCheckOne

·       Review the due diligence and carry out the screening for all new and changed suppliers

·       Carry out the remediation work from monitoring reviews and assessments

·       PEP Monitoring

·       Carry out the detailed monitoring activities of the annual Compliance & AML Monitoring Plan 

·       Carry out the detailed tasks of the annual Compliance & AML Monitoring Plan 

·       Achieve the required CPD training as defined by your status under the SMCR

·       Complete and pass all assigned training within specified time period