At a Glance
- Tasks: Lead due diligence investigations and ensure compliance with regulatory requirements.
- Company: Join De Beers Group, a leader in ethical and sustainable diamond trading.
- Benefits: 12-month fixed-term contract with opportunities for professional growth.
- Other info: Collaborative environment with exposure to senior leadership and diverse business units.
- Why this job: Make a real impact by ensuring ethical practices in the diamond industry.
- Qualifications: Experience in due diligence and strong analytical skills required.
The predicted salary is between 40500 - 49500 £ 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.
Leading Implementation of the Due Diligence Programme
- Lead and accountable for ongoing monitoring and red flag management of platforms, such as LSEG's World Check One 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 disclosure data on the BPP SMART System
- Additions: Review and approval of new disclosures made by Sightholders onto the BPP SMART System - including full documentation review and follow-ups as required.
- Removal: Review, evidence gathering and approval of removal/inactivation requests made by Sightholders pertaining to information held on the BPP SMART System.
- Structuring & trouble shooting: Assisting Sightholders in structuring and remedial actions required on the BPP SMART System to meet De Beers regulatory compliance requirements
Lead and responsible for annual bespoke internal due diligence programme/review.
- Selection and recommendation of Sightholders for inclusion in Checks to the FIA Working Group.
- Public record research of disclosed Sightholder Groups & identification of undisclosed entities and individuals who may fall within the scope of De Beers disclosure requirements.
- Identification of adverse information relating to Sightholder entities and key individuals & escalation.
- Delivery of Finding reports to Sightholders, assistance and monitoring of remedial action.
- Manage the Enhanced Due Diligence (EDD) process for Diamond Trading - Recommending the selection of 5-6 High‑Risk Sightholders per annum to the FIA Working Group.
- Scoping and communicating client data sensitively to the third‑party for proposals & due diligence review.
- Review of third‑party proposals & recommendation for selection to the FIA Working Group.
- Review & analysis of third‑party produced EDD reports
- Reporting of EDD outcomes to the FIA Working Group
- Management of remedial actions required with Sightholders and further escalation if required.
Dissemination of relevant Sightholder Group changes to relevant BUs including: Legal, Product Planning, Diamond Consultants, etc,
- Leading Issue Specific Investigations : Lead and accountable for extraordinary investigations as required by De Beers Group handling commercially sensitive matters and reporting findings to relevant stakeholders including senior management.
- Oversee support for Sight Management & Shipping : Responsible for compilation and distribution of Sight Administration reports using data stored on the BPP SMART System including - Possible Supply Locations (addresses eligible to receive shipment of Rough Goods from Sight) and Pre‑Approved IP Usage Report (Sightholder Entities eligible to use Sightholder IP issued per Sight)
- At request of Sight Management - leading review of addresses requested for shipment of Sight Goods that do not appear in these reports, and remediation of issues to ensure expedient shipment aligned with De Beers compliance and regulatory requirements
- Drafting of Extraordinary Shipping Agreement proposals
- 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).
- Example Work includes: Due Diligence review of new board appointees to JVs (for example - Debcore);
- Due Diligence scoping & third‑party service provider assistance for prospective loan & business partnerships in US.
- Assisting Supply Chain when service provider platforms are not well suited to new jurisdictions/structures.
- Investigation of adverse reports (E. g., sanctions related reports).
- Confirmation of Sightholder composition & scope for business units includ
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Due Diligence Senior Specialist in London 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.
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We think this is how you could land Due Diligence Senior Specialist in London
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We think you need these skills to ace Due Diligence Senior Specialist in London
Some tips for your application 🫡
Show Your Compliance Know-How:When you’re applying for a compliance-risk role like Due Diligence Senior Specialist, 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.
