At a Glance
- Tasks: Lead due diligence investigations and manage counterparty risk for De Beers Group.
- Company: Join the prestigious De Beers Group, a leader in ethical and sustainable practices.
- Benefits: Competitive salary, professional development, and a chance to make a real impact.
- Other info: 12-month fixed term contract with opportunities for career growth.
- Why this job: Be at the forefront of ethical initiatives and influence decision-making in a global company.
- Qualifications: Degree in a relevant field and strong analytical skills required.
The predicted salary is between 51750 - 63250 £ per year.
The Due Diligence Senior Specialist provides subject matter expertise through advice and support to inform and enable decision-making to Diamond Trading, and the broader De Beers Group through the Ethical and Sustainable Initiatives Team and other Business Units (BUs). The role ensures the business meets its regulatory and legislative requirements regarding the identification and verification of the identity of counterparties. The role also offers extraordinary in-depth investigation into a variety of red flag issues that may be subject to review by senior leadership, external legal counsel and regulatory authorities. The Due Diligence Senior Specialist cascades information and business intelligence to multiple BUs and coordinates and facilitates De Beers Group access to appropriate third-party due diligence service providers. The role sits within the Ethical Initiatives team closely coordinating with the Best Practice Principles and Pipeline Integrity teams, and Head of Compliance to maintain the disclosure of counterparties and develop capabilities of the BPP SMART System.
Please note: this is a 12 month fixed term contract.
Key Responsibilities
- Leading Implementation of the Due Diligence Programme:
- Lead and accountable for ongoing monitoring and red flag management of platform for counterparty risk issues; specifically: Timely investigations of potential red flags, elimination of false positives; and, Escalation of issues that cannot be dismissed based on publicly available information to the appropriate business unit in accordance with set processes and policies.
- Management of data on internal systems: Additions: Review and approval of new disclosures including full documentation review and follow-ups as required. Removal: Review, evidence gathering and approval of removal/inactivation requests. Structuring & trouble shooting: Assisting clients with structuring and remedial actions to meet De Beers regulatory compliance requirements.
- Lead and responsible for annual bespoke internal due diligence programme/review. Selection and recommendation of client inclusion in annual checks. Public record research on existing clients & gap identification of undisclosed entities and individuals who may fall within the scope of DeBeers disclosure requirements.
- Identification of adverse information relating to client entities and key individuals & escalation. Delivery of finding reports to clients, assistance and monitoring of remedial action.
- Manage the Enhanced Due Diligence process Recommending the selection of High-Risk clients per annum. Review & analysis of third-party produced reports. Reporting of outcomes to the relevant internal risk committee. Management of remedial actions required with clients and internal escalation if required. Dissemination of relevant changes to relevant business units.
- Leading Issue Specific Investigations:
- Lead and accountable for extraordinary investigations as required by De Beers Group handling commercially sensitive matters and report - that needs aching reports to self.
- Oversee support for Sight Management & Shipping:
- Responsible for compilation and distribution of client administration. Troubleshooting issues arising from Sight to enable timely transactions & sales by the relevant Business Unit.
- Leading (or in the case of third-party service access, coordinating) Ad Hoc Due Diligence requests for De Beers Group Management of 'Ad Hoc' due diligence requests from various BUs and Joint-Ventures (JVs).
- Leading & Driving - Engagement with Third-Party Due Diligence service providers:
- Management of ongoing relationships with suppliers, including cost monitoring and negotiations. Cultivation of new relationships with alternative suppliers. Management of administration and user access for other BUs to subscription services.
- Coordinating and Leading (on Disclosure related matters) - IT Management Team Management:
- Responsible for one direct report, overseeing their priorities and key work responsibilities, advocating for their opportunities and career development. Allocating and delegating work appropriately, including ad hoc special projects, being accountable for the delivery of their role and responsibilities. Providing training and support to ensure their professional development and role fulfilment and recommending external training opportunities and courses to further develop their skills and understanding of the regulatory environment.
Degree or professional qualification in a relevant discipline is essential. High levels of integrity, discretion, judgement and ethical decision making is mandatory. Ability to interpret complex legal and financial scenarios to understand risk and regulatory consequences for De Beers Group in managing its risk profile. Experience of managing external providers to provide solutions for De Beers Group. Ability to anticipate emerging industry trends, regulatory changes and stakeholder expectations and translate them.
Due Diligence Senior Specialist (12 month fixed term contract) employer: Angloamericandebeersgroup
De Beers Group is an exceptional employer, offering a dynamic work environment in the heart of London where luxury meets innovation. With a strong focus on employee growth and development, we provide comprehensive training and career advancement opportunities, alongside competitive salaries and benefits. Our collaborative culture fosters teamwork and creativity, ensuring that every team member contributes to delivering an unparalleled shopping experience for our VIP clients.
StudySmarter Expert Advice🤫
We think this is how you could land Due Diligence Senior Specialist (12 month fixed term contract)
✨Dive into Industry Groups
Join compliance and risk management groups on platforms like LinkedIn and Facebook. These communities often share temp job postings and insights. You’d be surprised at how many temporary gigs float around through word of mouth!
✨Showcase Your Expertise
Consider creating content on compliance topics that get you noticed—think LinkedIn articles or even a blog. This not only shows off your knowledge but can grab the attention of companies like Angloamericandebeersgroup when they’re searching for someone to fill a temporary position.
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Reach out to recruitment agencies that specialise in compliance and risk roles. They’re usually in touch with companies looking to fill temporary roles, which can save us a lot of time in our job search.
✨Go Local with Networking
Attend local compliance and risk seminars or workshops. Meeting professionals in our area can open up temp opportunities, and it’s a great way to make your face known in the industry—plus, you might even meet someone from Angloamericandebeersgroup!
We think you need these skills to ace Due Diligence Senior Specialist (12 month fixed term contract)
Some tips for your application 🫡
Show Your Compliance Know-How:When you’re applying for a compliance-risk role like Due Diligence Senior Specialist (12 month fixed term contract), make sure to highlight your understanding of industry regulations and risk management principles. Mention any relevant coursework, certifications, or projects that showcase your expertise in these areas—it's what sets you apart!
Highlight Your Analytical Skills:In the compliance-risk field, strong analytical skills are essential. Talk about your experiences that required critical thinking and data analysis, whether in past roles, internships, or academic projects. Show us how you've identified risks and implemented solutions in the past.
Tailor Your CV for the Temporary Role:Since this is a temporary role, focus on your availability and flexibility in your CV. Highlight any previous short-term roles or projects that demonstrate your ability to adapt quickly and deliver results in a fast-paced environment. This helps employers see you as an easy fit in their team!
A Concise Cover Letter is Key:Keep your cover letter short and focused! Explain why you're interested in the compliance-risk area specifically for this temporary position at Angloamericandebeersgroup. Mention what you hope to learn and achieve, showing your enthusiasm and motivation to contribute positively during your time there.
How to prepare for a job interview at Angloamericandebeersgroup
✨Know Your Compliance Basics
Make sure you're clued up on the key compliance and risk regulations pertinent to the industry you're applying to. Understanding frameworks like GDPR or AML will not only impress but also show that you’re ready to hit the ground running in your temporary role at Angloamericandebeersgroup.
✨Prepare for Scenarios
Expect scenario-based questions that test your problem-solving skills. They might ask how you'd handle a specific compliance issue. Think through real situations you’ve encountered in past roles or study hypothetical cases to showcase your analytical skills and practical judgement during the interview.
✨Highlight Your Adaptability
Since this is a temporary position, emphasise your ability to adapt quickly to new environments and team dynamics. Share examples of how you’ve successfully adjusted to changes in past roles and how this flexibility can benefit Angloamericandebeersgroup in the short term.
✨Gather Your Technical Tools
Familiarise yourself with commonly used compliance tools or software, as they might come up in the interview. If you've used tools for risk assessments or compliance tracking, mention those and be ready to discuss how they can streamline processes at Angloamericandebeersgroup.
