UK Compliance Onboarding Specialist

• 5 Years experience working in a client onboarding function specifically authorising the account openings
  Extensive knowledge of UK customer and enhanced due diligence, sanctions, PEP, and Adverse media screening
  Knowledge of Money Laundering Regulations, 5th MLD, UK MLR 2017, JMSLG and Market AbuseRegulation (MAR)
  Understanding the implications of the impact of financial sanctions on financial institutions and their conduct and the consequences of breaching them (OFAC, HM Treasury, EU and UN sanctions)
  Good knowledge of Data Protection requirements
  Good communication skills both written and Oral with ability to communicate at Senior management level
  Solid understanding of the requirements of the UK Proceeds of Crime Act, Terrorism Act and UK Bribery Act.
  Experience managing large scale projects

The Role:
Authorising account openings in line with procedures and SLAs with a particular focus on KYC/AML elements.
Supporting the Onboarding Manager to ensure the team receives ongoing training
Working closely with Compliance to ensure:
o any regulatory updates are communicated and implemented
o Issues arising from Compliance monitoring are reviewed and addressed
Ongoing review of control functions within the department
Acting as the point of escalation with Compliance related queries
Managing Client Services projects and initiatives including US tax forms communication, KYC updates and large static data changes
Such other tasks and projects as may reasonably be required