Compliance Officer Assistant Manager

About Waystone  

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.

Essential Duties and Responsibilities

• Interpret and apply applicable laws, regulations, and regulatory guidance, with particular emphasis on AML/CFT requirements, escalating issues where appropriate


• Monitor regulatory developments and support the implementation of new or revised regulatory requirements


• Provide day‑to‑day compliance support and guidance to internal stakeholders across Operations, Risk, Legal, and other internal functions.


• Act as a point of contact for day‑to‑day compliance queries, escalating more complex issues as required.


• Support business initiatives, including new products, outsourcing arrangements, and change projects.


• Draft, review, and maintain compliance and AML/CFT policies and procedures, ensuring documentation remains accurate and up to date.


• Support the communication and implementation of policy and procedural updates across the business.


• Support the execution of the Compliance Monitoring Programme, including thematic reviews, control testing, and ongoing compliance reviews, in line with approved plans.


• Support the preparation and timely submission of regulatory filings, reports, and responses to regulatory information requests or inspections.


• Assist in the preparation of compliance reports and materials for senior management, Group Compliance, Risk Committees, and the Board.


• Review alerts, support investigations, and escalate suspicious activity in line with established procedures


• Contribute to AML risk assessments and related reporting


• Assist in identifying, logging, and investigating compliance breaches, and support remediation and follow‑up actions.


• Maintain accurate, complete, and audit‑ready compliance records, registers, and supporting documentation.


• Assist in the development and delivery of compliance and AML/CFT training, ensuring training records are properly maintained.


• Promote awareness of regulatory and compliance obligations within the business.


• Attend client and other external stakeholder meetings as the Compliance representative, contributing to due diligence reviews on compliance matters.


• Represent the compliance function on external and internal working groups and committees, as required.


• Support junior team members and contribute positively to team knowledge‑sharing and continuous improvement initiatives.

The successful candidate will be a proactive and self‑motivated professional, capable of delivering high‑quality compliance support within a dynamic and fast‑paced regulatory environment.

They will demonstrate:

• Strong organisational skills with the ability to manage competing priorities effectively


• A collaborative, solution‑oriented approach and the confidence to engage constructively with stakeholders at all levels


• Excellent critical thinking, research, and interpretative skills, with the ability to apply regulatory requirements pragmatically


• A high level of attention to detail and the ability to produce accurate, clear, and well‑structured work

Experience

• Minimum 5 years’ experience in a funds, fund administration, or regulated financial services compliance environment


• Strong understanding of regulatory requirements applicable to the funds sector, with particular emphasis on AML/CFT


• Experience in the design, implementation, and execution of:
  
  
  
  • Compliance policies and procedures
  
  
  • Compliance monitoring programmes
  
  
  
  

Education & Qualifications

• Relevant compliance, AML, or financial crime qualification


• University degree in Business, Law, Governance, or a related discipline, or equivalent professional qualifications or industry experience