Overview
We are currently working with our client a Precious Metals Trader, whom are seeking a Compliance Manager, who will be required to provide support and ensure regulatory compliance across the organisation and for clients, suppliers and partners.
This role will be working alongside the Head of Compliance/MLRO to create a risk reporting framework that will help minimise regulatory risk and develop and deliver compliance training to colleagues.
Responsibilities
- Acting as the firms Deputy MLRO.
- Constructing, reviewing and maintaining compliance policies, procedures and processes to ensure that the systems and controls framework is adequate and up to date.
- Restructuring customer e-commerce, retail and sales journeys implementing new and improved streamlined/leaner compliance processes.
- Conducting compliance reviews, performing compliance monitoring, internal audits and surveillance to ensure that policies, procedures and practices are being followed and adhered to.
- Assisting with the company’s yearly audit of supply chain due diligence producing pre-audit documentation and assisting with onsite audit visits.
- Ensuring that the AML systems and controls meet regulatory requirements and are complied with.
- Preparing internal reports and management information, assisting with filing regulatory reports.
- Monitoring UK and EU regulatory developments relevant and applicable to the firm. Providing impact analysis and working on projects to implement any changes that may be required.
- Additionally, you will be managing all client onboarding, undertaking KYC, OSINT and due diligence on clients, suppliers and partners, including a demographic of HNW (high net worth) and UHNW (ultra-high net worth) private individuals, retail jewellers, bullion traders, large corporations, financial institutions and global mining companies.
- Researching and preparing the Company’s Supply Chain Due Diligence Statement and Policies. In addition, preparing the associated training materials, delivering Supply Chain Training to high-risk sales and procurement teams responsible for the Company’s Modern Slavery and Human Trafficking Statements and training program.
- Identifying specific areas of risk and blind spots within operational practices.
- Assisting to implement a new compliance and risk reporting framework.
- Remediating the Company’s client data, developing a digital and data transformation program.
Candidate requirement
- Demonstrable experience of operating in an investigative, regulatory or compliance environment.
- Knowledge of client onboarding processes including KYC, OSINT and due diligence procedures.
- Strong analytical and critical thinking skills, with the ability to extract insights from diverse and complex data sets.
- Excellent communication skills, both written and verbal, to convey findings effectively.
- Knowledge of project management for procuring goods and services and conducting due diligence on companies/individuals in both the UK and international jurisdictions.
- An ability to work independently as well as in a team-oriented environment.
- Excellent working knowledge of the Microsoft 365 suite and apps and verification tools.
- The ability to work in a fast-paced environment, whilst maintaining standards and composure.
- Familiarity of GDPR, anti-money laundering and anti-bribery legislation is advantageous.
Preferred Qualifications
- Educated to a degree level or equivalent and/or ideally with a legal or compliance qualification
- Knowledge of UK and EU regulations
- Familiarity with analysis tools for mapping and visualisation (preferred, not essential)
