Compliance Associate

  • Job Reference: 268584325-2
  • Date Posted: 22 April 2021
  • Recruiter: Capita
  • Location: Leeds
  • Salary: £30,000 to £32,000
  • Sector: Banking & Financial Services, Covid-19, Facilities Management
  • Job Type: Contract

Job Description

Compliance Associate

(url removed)

Department

Link Fund Solutions

Location

Leeds, remote working during COVID-19 restrictions. Once restrictions are lifted, you may need to attend the Leeds office 1-2 times a week.

6 month FTC

£32,000 per annum

Role and Responsibilities

•Review of AML reports & risk mitigation processes, including the preparation of written reports/recommendations.

•Investor identity review and assessments to determine appropriate 'next steps' in the due diligence process.

•Review of Politically Exposed Persons and associated parties, including report writing with findings and recommendations.

•Escalating issues as they arise to management, together with assessments/recommendations.

•Review of screening outputs and making recommendations and/or progressing further.

•Ad-hoc duties as same relates to financial crime risk mitigation.

•Assisting with data protection issues, including subject access requests or other privacy related matters

•Ad-hoc duties as same relate to data protection.

•Understanding the role of the Authorised Corporate Director (ACD); the company's regulatory obligations as ACD either directly or on a delegated basis, and the business implications.

Each member of staff has responsibility to adhere to Fund Solutions' policies and procedures. In particular to ensure operational controls are carried out in accordance with laid down procedures, to ensure the ongoing mitigation of business risk. In this regard regular training should be agreed with the departmental manager / team leader.

Essential Knowledge

•Understanding of AML processes and controls

•Knowledge of regulatory and legislative environment including JMLSG

•Proven record in GDPR and DPA oversight and guidance

•Knowledge of fraud awareness in a financial crime environment

Desirable knowledge

•Understanding of applicable money laundering high level requirements

Essential Skills

•Ability to analyse and problem solve

•Ability to communicate at all levels.

•Ability to audit records/identify deficiencies and escalate findings in a timely manner.

•Good written and verbal communication skills

•Good IT skills (Word, Excel, PowerPoint)

Desirable Skills

•Experience using LexisNexis, Accuity or Xperion

•Ability to explain and justify findings to management.

•Clear report writing skills.

•Ability to manage own workload.

Essential experience

•2-3 years' experience in a similar financial services role

About Link Asset Services

Headquarters

London, London

Post IPO business

Public company.

Employees

Approx. 3000+

Link Asset Services is part of Link Group's Asset Services division and works in partnership internationally with almost 7,000 clients including asset managers and investors, business managers, asset owners, trustees, issuers and borrowers. As one of Europe's leading asset servicing platforms, Link Asset Services interacts with almost 6m investors, administering and safeguarding £600bn of assets across 10 highly regulated markets. They provide the infrastructure through which assets are secured or deployed in both regulated and unregulated markets.

The 3,000+ members of Link's team deliver over 70 closely aligned services, helping capital flow through the financial markets by processing £45bn of payments annually.

Link build longstanding relationships and their clients rely on them to provide robust and agile technology, combined with relevant, accurate and timely industry knowledge and expertise

Link Asset Services have partnered with some clients for generations; and the average tenure of their relationship management team often exceeds ten years. They are excited by

the challenge and opportunity of helping their clients flourish as market dynamics play out; shifting regulatory frameworks, the search for investment alpha, the digitisation of the customer interface, the infrastructure funding shortfall, the pensions' time-bomb…and of course the socio-economic implications of Brexit and the broader geopolitical landscape.

Link Asset Service's unique proposition enables them to connect the different aspects of the capital and financial markets and how they interact, helping enable businesses, individuals and institutions to fulfil their roles and objectives. Furthermore, our consultative client centric approach means they can deliver tailored solutions.

They help their clients to:

•Create sustainable returns by increasing end-to-end efficiency, leading to less value leakage, faster speed to market and ultimately enhanced IRR.

•Effectively manage financial resources by reducing administrative burdens, giving them more time to focus on value adding activity.

•Mitigate market, regulatory, competitive and operational risks by applying compliance, legal, governance, audit and processing best practices, and safeguarding assets.

•Improve decision-making and navigate the markets by providing access to our expertise and resources, helping them to achieve their business goals and investment strategies