Compliance & AML Assistant (Global Company) (150 views)

Purpose of the role: The role of a Compliance Assistant is primarily to conduct Ongoing Monitoring on existing clients of the firm and thereby ensure that the relevant AML policies and procedures to which the firm adheres are fulfilled at all times. A Compliance Assistant will also be required to assist those conducting CDD on new clients when required.

This is an excellent opportunity for a young professional to start their career at an incredible global organisation.


The Candidate

  • Essential
    • Personable, positive and responsible;
    • Intention of learning and growing within The Firm;
    • Informed career direction of pursuing a career within Compliance;
    • Commerciality: must be focused on delivering high quality service in a fast paced and challenging environment;

Skills and Experience

  • Essential
    • Excellent planning and organisational skills, time management, written and verbal communication skills;
    • High attention to detail;
  • Desired
    • Knowledge of a European/Asian language will be beneficial but not essential;

Qualifications and Training

  • Essential
    • Candidates must have a strong academic background and be educated to degree level (B.Com or BA degree);
    • Minimum 6-months work or internship experience within a corporate/ commercial environment;
    • Candidates that are still in the process of completing their tertiary education are also eligible to apply, provided that they have at least two years relevant work experience and possess transferable skills;
  • Desired
    • 6months – 2 years working experience within a corporate/ commercial working environment;

General Attributes

  • Ability to effectively manage workload with supervision from senior team members until experienced enough to handle workload independently;
  • Reliable and dependable;
  • Ability to handle queries efficiently with diplomacy and tact;
  • An effective and diligent team member with the ability to handle independent projects;
  • Ability to follow instructions precisely; and
  • Self-starter with proven initiative and strong work ethic.

Duties & Responsibilities

  • Review the CDD held on existing clients of the firm by updating CDD held for clients registered since the implementation of the UK Money Laundering Regulations in 2007;
  • Ensure that CDD is updated to the appropriate standard, including an enhanced level of due diligence where required;
  • Conduct a degree of personal research from public sources. This involves familiarisation with a wide array of potential sources, including company registries, stock exchange websites, financial and legal regulators’ websites, company search providers and external databases;
  • Liaise with legal staff, support staff and research teams to obtain any outstanding CDD information;
  • Where appropriate and where asked to, liaise directly with the firm’s clients regarding CDD requirements;
  • Document the evidence obtained during the CDD process in a clear and concise manner;
  • Conduct risk rating reviews on clients taking into account the information gathered during the CDD process. This includes a level of personal research relating to ongoing investigations (adverse press) against certain clients and determining whether a risk level of a client may be lowered or should be raised;
  • Where it becomes clear when conducting Ongoing Monitoring or CDD that certain details of the client have changed since it has been registered as a new client, such as the client’s registered name, the parent group or the registered address, take appropriate action to update this on the client database and communicate these changes to the respective stakeholders;
  • Provide advice and guidance to partners, fee-earners and support staff in relation to the requirements of Compliance legislation and the interpretation and application of the firm’s AML/CDD policy;
  • Liaise with The Firm’s support departments, notably the Finance, Research, Conflicts and also Personal Assistants;
  • Utilise external subscription databases to screen existing clients, their directors and shareholders in order to identify PEPs, influential persons, presence on Sanctions lists, criminal activity and adverse press. Escalate these issues where appropriate;
  • Assist in maintaining the firm’s PEP databases;
  • Participate in administrative projects under the supervision of more senior Compliance Officers, specifically relating to Ongoing Monitoring; and
  • Assisting with selected new business work as required.

Should you be interested in this role, kindly apply with the following information: 

Detailed CV
Copy of your identity document
Copy of recent payslip with note on previous bonuses and upcoming increases or bonuses
Copy of your matric certificate
Copy of your full academic transcripts
Copy of your degree certificates

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