Compliance and Governance Manager, Trusts Specialist, Permanent, London, c.£70,000
Long established, independent Trust and Corporate Services provider with private clients needs Compliance and Governance Manager. It is possible to undertake this role on a full time basis, or 26-30 hours per week, with the need for a presence 5 days per week. You will be based in London and also take responsibility for their offices in Dublin and Guernsey.
This a stand alone role reporting to a Director and is placed in a pivotal position within this friendly, professional team based company.
Responsibilities will include:
- Keeping the business and all staff up to date and fully compliant with all regulatory and licensing obligations, ensuring regulatory and internal obligations for clients and client entities across a number of jurisdictions are met
- Ensuring manuals, policies and procedures are kept up-to-date and comply with relevant laws and regulations
- Carrying out annual Business Risk Assessments, updating the BRA document
- Conducting KYC Onboarding: Reviewing DD documentation, conducting research and screening using open web searches and industry applications (they use World Check, Risk Screen) for all new clients, assessing risk factors and assigning relevant risk level
- Preparing acceptance and risk assessment forms for formal acceptance committees
- Conducting KYC ongoing Monitoring
- Reviewing documentation, conducting research and screening of existing clients, client entities, stakeholders, activities etc. in liaison with the client services teams during periodic risk assessments and file reviews
- You will work towards acting as the company’s MLRO and acting as Compliance support officer role for the Guernsey office
- Also dealing with renewals with HMRC AML Supervision the Department of Justice (DOJ) Authorisation
- Ensuring that company records and internal systems, logs and databases are maintained and kept updated as and when required for clients, clients’ entities, officers, beneficial owners, external agents, staff etc
- Dealing with AML and related requests from external registered agents, banks in different jurisdictions
- Ensuring your CPD is up-to-date, attending training and industry conferences, plus sourcing AML training for staff and conducting internal training when needed
- Monitoring and attending key periodic filing deadlines (including CRS, FATCA, PSC and UBOs Registers in different jurisdictions)
- Monitoring and dealing with the submission and maintenance of Statutory filings
Experience needed:
- You will have an ICA International Diploma in Governance Risk and Compliance or a Diploma in Anti Money Laundering, or equivalent
- Degree educated, ideally in Economics, Finance, Law or a professional equivalent qualification (e.g. STEP, ICSA)
- You need a minimum of 3 years’ experience in a Compliance role, ideally within Trusts and Corporate Services Providers (TCSP) industry
- A working knowledge of corporate governance and company secretarial duties is preferred
- Confident Microsoft 365 applications (Word, Excel, Power Point and Outlook)
- Good working knowledge of software applications typically used in the Industry (TQO or Quantios Online)
You will be a diligent, organised individual with great time management and a keen eye for detail. An analytical approach is needed in this role when problem solving as is consistency in your standard of work. Excellent verbal and written communication skills are a must, as are strong interpersonal skills, professional integrity and a positive attitude.