Somerset West: Compliance Monitoring Officer (Financial Services) posted by Helderberg Personnel

About the Role

The Compliance Monitoring Officer role at Helderberg Personnel is a critical position that ensures our clients’ due diligence is collected to the highest standard, in line with our internal policies and procedures. As a key member of our team, you will be responsible for conducting compliance monitoring, analyzing data, and providing expert guidance to staff members on compliance matters.

Key Responsibilities

• Ensuring that client’s due diligence is collected to the appropriate standard in line with our internal policies and procedures.
• Conducting Periodic Reviews, recording any deficiencies and generating action points for remediation.
• Conducting client screening using our screening system and open-source searches.
• Monitoring and analyzing the results of the automated ongoing screening system and conducting research on relevant parties where potential adverse matches are identified.
• Conducting compliance monitoring in accordance with the compliance monitoring programme, to ensure compliance with all regulatory requirements and AML/CFT/CPF, recording deficiencies and generating remediating action points.
• Assisting in the development, implementation, and continuous improvement of internal policies and procedures to ensure operational efficiency and compliance.
• Assisting in the development and delivery of training materials for staff members on compliance topics.
• Assisting in providing day-to-day support/guidance to the staff as required in respect of compliance and AML/CFT/CPF matters.
• Participating in training sessions to increase your knowledge and understanding of the regulatory environment.
• Completing any other duties as and when required to drive business success.
• Assisting with the project management of new initiatives.

Requirements

• Any legal degree or certification
• Compliance, Risk Management or related degree or diploma
• 2-3 years experience of working in a compliance environment
• Exposure to KYC (Know Your Customer) and CDD (Customer Due Diligence) processes will be highly advantageous
• Experience in compliance monitoring, regulatory reporting, or risk assessments is a plus
• An ability to articulate complex issues in a clear and concise manner
• An aptitude for problem solving
• A methodical approach to tasks with a strong focus on attention to detail
• Experience in collating and summarising data
• Excellent organisational skills; prioritising, achieving deadlines
• Consistently working at the standard required by the team and business
• A willing and flexible attitude to working hours to support team and business needs, as required

Qualifications

No specific qualifications mentioned.

Salary & Benefits

Salary details not specified in the original job description.