We are GC Partners and we are a specialist financial exchange company. We help Private and Corporate clients move their money at the best rate, using our 20 years of experience, our bespoke technology and dedication to customer service. We have 6 offices around the globe including Hong Kong and Dubai, with further expansion in the future.

We are looking for an experienced Compliance Analyst to join our Compliance team.

If you have a collaborative and adaptable work ethic, a drive for success and are looking for your next opportunity then we would like to hear from you.

Job Purpose

Reporting to the Director of Compliance, as Compliance Analyst you will be focusing Transaction Monitoring and Customer Onboarding of Private and Corporate Clients.

Person Specification

We are looking for an individual who currently possesses the following skills:

  • Effective communicator
  • Strong analytical skills, including the use of spreadsheets
  • Attention to detail and focused
  • Excellent people and relationship-building skills
  • Able to deal with sensitive data and confidential information

Duties/Responsibilities

General

  • Supporting the Compliance Manager & Deputy MLRO in building out processes and strengthening customer onboarding and transaction monitoring controls
  • Assist in the development and implementation of compliance risk assessment programs for the company and monitor business activities against the relevant applicable legislation and regulations
  • Accountable for understanding Consumer Duty policy and procedures; partnering and collaborating within the team to achieve set standards

Onboarding

  • The primary point of contact for queries regarding onboarding FX & money remittance clients
  • Ensuring Anti-Money Laundering legislation and Customer Due Diligence requirements are met
  • Risk assesses corporate entities including private entities, publicly listed entities, government entities, Special Purpose Vehicles (SPV), foundations and trusts
  • Apply KYC due diligence, Politically Exposed Persons, and Adverse Media screening best practice
  • Complete Source of Wealth and peer reviews for corporate and individuals
  • Assist with client management to ensure the smooth operation of accounts
  • Apply enhanced Due Diligence where appropriate
  • Review high-risk and medium-risk accounts on an ongoing basis, KYC reviews existing customers, ensuring legislation, regulations, policies & procedures, along with due diligence requirements continue to be met continuously
  • Assess client risk categorization
  • Liaise with account managers, back office, and front staff and on occasion communicate directly with clients or their representatives
  • Escalation of potential alerts, positive matches, suspicious transactions and related activities
  • Participate in the development, testing and implementation of new and enhanced systems and processes as and when required
  • Identify and report relevant money laundering and terrorist financing typologies and trends to the MLRO
  • Build and maintain professional relationships with business functions to ensure effective cooperation, and communication, and seek opportunities to promote higher regulatory standards and awareness

Transaction Monitoring

  • Monitor transactions for suspicious behaviour
  • Complete flagged payments review, being accountable for payments signed-off
  • Request and review payment invoices, SoF & SoW information
  • Ensure timely closure of alerts.
  • Apply predefined rules and thresholds to flag suspicious transactions
  • Escalate alerts and notify where appropriate to MLRO
  • Support any subsequent investigation arising from an alert

Qualification & Experience

  • 3-5 years experience in first-line customer onboarding and transaction monitoring in a similar role in banking and/ or fintech in the FX/payment services sector
  • Proven experience in reviewing investigation flags and alerts in line with pre-defined risk thresholds
  • Practical and up-to-date understanding of regulatory requirements relating to Financial Crime, JMLSG and Wolfsberg guidance on customer screening and transaction monitoring
  • Production and reporting of data metrics/MI to support weekly and monthly reviews, supporting management intervention where required
  • Intermediate level – Microsoft Office suite
  • Industry accreditations and completion of training in relation to Financial Crime/AML
  • ICA or ACMAS qualification is preferred
  • Qualification in Law or Economics, ideally with some experience in financial services
  • Previous experience of working with compliance, financial crime or fraud detection tools (e.g.: Passfort, Smartsearch, RDC, Experian & CIFAS preferably, Comply Advantage, LexisNexis)
  • Experience using SQL or similar tools (would be useful but not essential)

Equal Opportunities

At GC Partners, we value diversity and inclusivity. We believe in celebrating our differences, no matter what that looks like. Join us in creating a workplace where everyone can thrive.

We are an equal opportunity employer. We welcome applicants from all backgrounds and each applicant is given fair consideration throughout the recruitment process.

Please be aware that due to the volume of applicants, we may not be able to respond to all applications.

If you are interested in joining the GC team, please email your CV and contact details to [email protected].

Please be aware that due to the volume of applicants, we may not be able to respond to all applications.

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