FX Compliance Analyst - (1 Month Contract) - GBP150 / GBP220 per day
Role: Compliance Analyst Type: Contract (1 Month) Location: City of London, near Liverpool Street Start Date: Immediate About Our client is a leading non-bank foreign exchange and international payments company with offices around the world in North America, Australia and Europe that has experienced consistent year-on-year growth since they were created and continues to see revenue and headcount increase in line with their successful business wide strategy. Due to continued business success, our client is re-structuring and expanding their Compliance function and as such is looking to hire a Compliance Analyst on a short-term contract for 1 month to assist with a large caseload. This person will be responsible generalist compliance work on daily basis, including things such as on-boarding private and corporate clients, enhanced due diligence, transaction monitoring, KYC checks and providing daily reports for the Compliance Manager. Who is this role for? This role is ideal for an up-and-coming compliance professional who has previously worked in a financial services company and has specific compliance experience related to FX, Payments and MSBs for at least 6 - 18 months. This person, along with their relevant compliance experience, will be immediately available and prepared to commit to a short 1 month work contract. There is a likelihood this contract will be extended beyond the initial 1 month depending on our clients' requirements in their Compliance function. Role You will be doing the following things for this 1 month contract: Processing private client and corporate identification. Working closely with Sales and Dealing in regards to activating new private and corporate accounts. Perform Enhanced Due Diligence (EDD) - conducting and advising requirements regards EDD on high risk clients and transactions in line with industry regulation. Perform Beneficiary screening including Politically Exposed Person (PEP) and sanction list screening of private and corporate accounts and payment beneficiaries. Transaction Monitoring - reviewing and investigating in-house compliance system alerts and appropriately flagging in a timely manner. Prepare daily reports in regards to any blocked payments. Conducting compliance monitoring and assurance testing when required. Assisting in regular monitoring and management of debit card issues when required. Assist in preparation and delivery of staff risk management, compliance and AML training when required. Requirements You will have the following experience: 6 - 18 months compliance experience related to FX, Payments or MSBs and a demonstrable track record in carrying out things such as client on-boarding, KYC and AML checks, EDD, etc. You will be able to demonstrate the following soft skills: Able to work autonomously in a busy work environment with minimal supervision from the Compliance Manager. Strong research skills, you can use online resources and research tools to identify relevant information and can demonstrate a level of pragmatism in doing this. A self-starter, you can effectively plan your work day and be trusted to deliver on important tasks and projects in a restricted time frame. Comfortable in multi-tasking on more than 1 project at a time whilst being remaining highly accurate and detailed in your work. You will have competency in the following technical aspects: IT Skills - you will be able to competently use the Microsoft Office suite (Word, Excel, Powerpoint, Access, Outlook, Sharepoint, etc). Compliance Systems - you will have experience in using an in-house compliance system and compliance related tools (e.g. Creditcall) and will require minimal training to bring you up to speed with our clients' in-house technology. You will maybe have the following qualifications (although not essential): ICA Qualification would be a nice thing to have but is not essential. Educated to degree level would be another nice thing to have but is not essential. Must be able to speak English to a professional standard given you will be working closely with Sales and Dealing. Additional language fluency is a nice thing to have but is not essential. Remuneration Package A competitive remuneration package is on offer (GBP150 / GBP220 p/d - negotiable DOE).