Support the Head of Compliance in review and updates to the design, development and implementation of the regulatory control framework and the ongoing management processes
Monitor the control procedures for Anti-Money Laundering (AML)/Countering the Financing of Terrorism (CTF) and Financial Sanctions (FS), to ensure any regulatory changes, updates and enhancements to the existing controls have been correctly implemented in a timely manner with relevant training provided
Conduct regular testing of AML due diligence documentation for completeness, prior to take on of a new fund / client/ investor
Manage, execute and deliver internal compliance projects relating to specified regulatory obligations
Support the HoC in development and delivery of all mandatory annual regulatory training programme; For example: Anti Money Laundering; Complaints Handling; Incident Reporting; Prevention of Financial Crime; Data Protection; Conflict of Interest and all other relevant regulatory topics that may arise from time to time.
Prepare and ensure timely delivery of monthly, quarterly and half year and year end compliance reports
Maintain a register of compliance training provided at least annually and maintain a register of onsite compliance monitoring conducted internally
Maintain the compliance weekly/monthly calendar to ensure timely delivery of periodic and Adhoc reporting to the Compliance Units internationally
Monitor and maintain register of communications with Central Bank to ensure timely responses to all requests, including online reports ONR
Maintain daily oversight of industry and risk alerts, and provide notifications and circulars in the form of flash training on the prevention of financial crime and Provide assistance to internal/external auditors in respect of compliance matters
Prepare all draft reports to a standard ready for final completion and onward submission to the relevant parties.
Maintain oversight of financial sanction reports and alerts produced daily and escalate accordingly.
6+ years' experience with 3 at an appropriate level in Financial Services area of Risk and Compliance or Internal Audit environment is required
Knowledge and experience relating to risk management and a detailed understanding of the Transfer Agency
Advanced knowledge and current experience of the legal and regulatory obligations of fund services company's in respect of AML/CTF and Financial Sanctions is required;
Knowledge of the varying types of Retail Funds, Mutual Funds and Hedge Funds is an advantage but not compulsory
Intermediate to Advanced Word, Excel, Access & PowerPoint is mandatory
Computer literacy is essential, skilled in the use of Microsoft Excel and Word
The Senior Compliance Analyst is a representative of CIL and, as such, is responsible for communicating with all internal and external resources in a professional and respectful manner
A self-starter that enjoys learning and problem solving, can demonstrate an ability to be client focussed whether internally or externally and
Ensures effective communication with the HoC, regarding escalation of issues or potential issues
This is an ideal opportunity for a Compliance Analyst professional currently in a similar positon or looking to move up in their career. The opportunity is to support and learn from the HoC in the design, development and implementation of the regulatory control framework, including the financial security programme, the compliance monitoring plan, and all relevant policies and procedures to ensure enforcement of compliance standards and will give a great opportunity to advise at a senior level and will have the possibility of fast progression thru the wider group.
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