At a Glance
- Tasks: Ensure compliance with regulations, develop policies, and oversee anti-money laundering systems.
- Company: Independent asset management firm in London with a strong regulatory focus.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Opportunity for growth in a supportive and collaborative team.
- Why this job: Play a crucial role in safeguarding the firm against risks and illegal activities.
- Qualifications: Experience in AML, compliance procedures, and KYC documentation is essential.
The predicted salary is between 43200 - 72000 £ per year.
THE COMPANY
We have been instructed by an FCA regulated, independent asset management company based in London in their search for an SMF16 & SMF17.
THE RESPONSIBILITIES
Stand‑alone role, ensuring the business adheres to legal standards, industry regulations, and internal policies to mitigate risk and prevent illegal activity. Key duties include developing compliance policies, training staff, mitigating/investigating violations, conducting audits and acting as a liaison between management and regulatory bodies. The MLRO is also a senior, designated managerial role responsible for overseeing the firm’s anti‑money laundering (AML) systems, policies, and procedures to ensure regulatory compliance, being the focal point for receiving internal, suspicious activity reports (SARs) and, upon investigation, decide whether to report them to the relevant authority. The role in this growing firm has dual reporting, locally to the COO, and to the firm’s CEO. The business has three Introducer Appointed Representatives, and managing oversight of their activities will form a core element of the role.
EXPERIENCE REQUIRED
Candidates will ideally work 5 days onsite in London. Knowledge/Understanding & Experience of:
- AML responsibilities
- S.A.R. processes
- Supervision/oversight of compliance administration
- KYC (SoW & SoF) documentation
- Experience of implementation of compliance procedures
- Compliance projects
- Data Protection
- Breaches
- Error Control
- Transaction Reporting
- Offshore asset management
- Guardian Order Management system, an advantage.
Compliance Officer & MLRO employer: Compliance Professionals
As a leading independent asset management company in London, we pride ourselves on fostering a dynamic work environment that prioritises compliance and ethical standards. Our commitment to employee growth is evident through comprehensive training programmes and opportunities for career advancement, ensuring that our team members are well-equipped to navigate the complexities of the financial sector. Join us to be part of a collaborative culture where your contributions directly impact our success and uphold our reputation in the industry.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Officer & MLRO
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Compliance Professionals looking for candidates who are engaged and informed.
We think you need these skills to ace Compliance Officer & MLRO
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Compliance Professionals. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Compliance Professionals
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Compliance Professionals’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
