Associate - MLRO Services

Waystone is a leading asset-servicing solutions provider of institutional governance, administration, risk and compliance services to financial institutions. With over 25 years’ experience and a comprehensive range of specialist services to its name, Waystone helps our clients structure, operate and grow through our expertise, innovation and digitisation, backed by the operational scale to support global expansion. 

Summary: Reporting to the team Manager, the Associate – MLRO Services will be an integral part of the team’s success.

ESSENTIAL DUTIES AND RESPONSIBILITIES

This is a great opportunity to join a growing team to increase AML & fund knowledge by supporting MLROs who are appointed directly to funds (predominantly alternative funds), working closely with the service providers to the fund to ensure the fund is meeting its AML obligations and also act as cover at board meetings to present the MLRO report.

• Support the MLRO team in every day & ad hoc tasks


• Assist the MLRO Manager/Team to ensure all required compliance monitoring is completed in a timely and accurate manner.


• Assist with the compilation and delivery of quarterly and annual reports to client fund board


• Assist with performing due diligence on service providers


• Maintain client registers and records to ensure they are accurate


• Perform administrative tasks related to the ongoing delivery of AML services to Waystone’s clients.


• Assist in the preparation and submission of any regulatory filings and/or reports on behalf Waystone’s clients to external competent authorities.


• Effective communication skills at all levels


• Ability to work independently and efficiently

REQUIREMENTS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Experience:

• Relevant work experience, preferably with AML and in the funds sector or financial services, however not obligatory

Education:

• University degree preferably specialising in law, business or regulation  


• Professional qualification (such as ACOI, AML qualification) desirable but not require