Our client is seeking an experienced Business Control Officer to support Relationship Managers on compliance matters and act as the primary liaison with the Risk and Compliance department. This role requires close collaboration with Family Office, Corporate Service, Accounting, Banking, Investment, Middle Office, and Risk and Compliance teams. Click here to read more
Job Duties:
- Collaborate with Relationship Managers, Relationship Manager Assistants, and Business Heads to strengthen the relationship with Risk and Compliance.
- Act as the First Line of Defence for Relationship Managers and Business Heads, liaising with the Second Line of Defence for compliance matters.
- Reviewing records on conflicts of interest, breaches, complaints, and operational incidents.
- Recording and monitoring exceptions, recommendations, and AML findings.
- Conducting and approving new and periodic risk reviews, including obtaining necessary KYC/CDD documentation.
- Reporting material risk matters to Risk and Compliance, assisting in addressing and mitigating risks.
- Performing RiskScreen checks, Google searches, periodic reviews, and client transaction monitoring.
- Provide training on compliance and AML/CFT matters, including refresher courses and new employee inductions.
- Develop the technical and compliance skills of team members to meet current and future business needs.
- Register employees with relevant regulators as required.
- Ensure workflows and onboarding processes are correctly updated, with comprehensive CDD data and cross-border coordination as necessary.
- Maintain and update client databases, including EDD/SDD records and PEP connections, with reporting capabilities for regulatory requests.
- Support the MLRO with data collation for Financial Intelligence Unit (FIC) requests, National Risk Assessment submissions, and other compliance obligations.
- Coordinate with Risk & Compliance on product and service risk analysis and maintain Middle Office policies, procedures, and processes.
- Assess impacts of relevant new laws and regulations, advising on adjustments to policies and processes.
- Liaise with Group Head BCOs on cross-border AML/CFT matters and recommend improvements to Group AML/CFT procedures.
Job Requirements:
- Extensive experience in the Financial Services Industry, particularly within the fiduciary sector.
- Well-developed knowledge of legislation and regulation relevant to the role.
- Proven ability to communicate effectively and maintain confidentiality.
- Advanced skills in Microsoft Office (Word and Excel).
- Strong interpersonal and influencing skills, with the ability to collaborate across all levels.
- Flexible, organised, and adept at prioritising in a fast-paced environment.
- Confidence in delivering balanced compliance advice, considering risk and commercial impacts.
- Experience managing complex, multi-jurisdictional compliance processes.
What You’ll Love:
Our client values teamwork, collaboration, and a commitment to creating an open, supportive environment. You will be joining a team focused on professional growth, offering the opportunity to develop compliance and technical expertise. The role promises a dynamic, fast-paced environment where you can make a meaningful impact.
Interested? Register today, confidentially, with one of our friendly and dedicated recruitment specialists by clicking here
