Job Title:Compliance Analyst
We have an opportunity for a Compliance Analyst to support the Compliance teams. This is to ensure all compliance aspects of the business are able to consistently meet standards of quality, conduct and compliance arising from relevant statutory obligations and regulations.
Transaction level compliance monitoring:
*To be the primary resource supporting transaction level monitoring of compliance with relevant regulatory requirements including:
oSanctions (sanctions MI)
oAnalysis of AML/ABC/EGR reporting and reviews
oConflicts of Interest register
oManagement of Business Timetable and fiscal and regulatory returns
*Enhance existing transaction level compliance monitoring and develop new transaction level compliance monitoring methodologies and processes
*To produce accurate, timely reports and relevant monitoring as required by the business on a regular or ad hoc basis.
*To help identify relevant issues and agree on actions with the business
*Assist in delivering the Compliance Monitoring plan
Know Your Client:
*Ensure all new and existing business are aligned to the regulatory requirements including:
obroker approval process
*Develop expertise in understanding statutory requirements which drive KYC procedures and consequent minimum standards and range of appropriate methods applied
Due Diligence, AML, Sanctions
*Ensure all due diligence/sanctions controls are met to a high standard of conduct and compliance as defined and required by the FCA/PRA
*Help to produce relevant scripts, emails client correspondence, adhering to FCA/PRA regulations and to communicate relevant modification to Syndicate Directors (i.e. with the broker approval process).
*Sanctions: perform 'go to' business support role, training for new joiners, query resolution
*KYC: support the Compliance Manager in performing 'go to' business support role, training for new joiners, query resolution
*Ensure all communication both internal and external is accurate, appropriate and timely.
*Work with other areas of the business in a collaborative way, to ensure delivery of goals and objectives across all areas of the business.
*Other project work to support the and risk and compliance team as required
Provision of training
*To arrange and coordinate presentations and training. Prepare quarterly report on status of completion of e - learning
*Liaise with external service providers i.e. Thomson Reuters to deliver training to new joiners including 'refresher training.'
*Develop and maintain databases (Conflicts of Interest, Business Timetables), record keeping, document management
*Maintain and provide regulatory updates, advising of best practice and conduct.
*Attend meetings with Compliance to provide regulatory support, advice and action.
*Maintain any required compliance subscriptions/renewals in a timely manner.
*Escalate issues of non-compliance within the Company as required
*Maintain an internal library on SharePoint of regulation relevant to all business needs
*Support the Compliance team in maintaining up to date processes, procedures and user guides including:
oConflicts of Interest
Ad Hoc Duties
Your key accountabilities will include such other duties and tasks are as allocated to you at the discretion of management and that are within your capabilities and within the scope of your post.
*Preferably degree educated
*Previous experience of working in a compliance team necessary
*Excellent organisation skills with the ability to work towards deadlines
*A high level of accuracy and attention to detail
*Microsoft Office Skills - Word, Excel and PowerPoint to intermediate level
*Excellent written and verbal communication skills