At a Glance
- Tasks: Manage compliance frameworks, monitor AML activities, and ensure regulatory adherence.
- Company: Join Fusion Consulting Group, a rapidly growing multi-disciplinary professional services firm.
- Benefits: Earn up to £45,000pa, enjoy a birthday day off, and access private medical insurance.
- Other info: Dynamic work environment with great training and development opportunities.
- Why this job: Make a real impact in compliance while working with diverse teams and clients.
- Qualifications: 2-3 years in AML and KYC roles, strong analytical skills, and excellent communication.
The predicted salary is between 45000 - 45000 £ per year.
Due to extensive growth, Fusion Consulting Group is looking to recruit a Group Compliance Officer who will be based out of head office in Finchley, North London. Fusion Consulting Group is a rapidly growing, multi-disciplinary professional services firm with subsidiaries spanning Tax, Accounting, Legal, Financial Services, Executive Recruitment, and Fractional CFO Services. We deliver an integrated suite of advisory solutions to entrepreneurial businesses and private clients across the UK and internationally.
Job Summary
As the Group Compliance Officer, you will be responsible for reviewing new onboarding applications and managing KYC cycles, as well as monitoring AML (Anti-Money Laundering) activities, ensuring that our clients and business operations comply with relevant regulations and policies. You will be responsible for implementing and maintaining robust compliance frameworks and policies, supporting our various teams of advisors. You will keep up to date with industry compliance regulations and ensure the group’s operations are in line with relevant requirements, collaborate closely with clients and other departments to maintain high standards of regulatory compliance and promote a culture of awareness across all of the group’s operations.
Responsibilities
- Maintaining and updating compliance registers
- Booking Yearly AML Training and ensuring the other offices are doing so
- Carrying out staff training and awareness
- Monitoring AML software and chasing clients to ensure the AML has been completed
- Chasing clients who have not completed AML
- Review KYC files for new and existing clients, including identity verification, risk assessment, and document collection
- Perform periodic reviews of existing clients to ensure accurate and up-to-date information
- Monitor and identify suspicious activities, report to the Board of Directors, and assist in investigations and resolutions
- Participate in product compliance design and development process, in line with regulatory requirements
- Perform Transaction Laundering Investigations
- Assist in Monthly Management Information (MI) for reporting financial crime activities to the board of directors
Desired Skills and Experience
- 2-3 years of demonstrable experience in a role with AML and KYC responsibilities
- Familiarity with UK and international AML and financing regulations
- Good understanding of medium to high-risk clients and what actions need to be taken
- Excellent communication and coordination skills, able to work efficiently in a cross-departmental environment
- Strong analytical and problem-solving abilities, with independent thinking and judgement
- Detail-oriented, responsible, and able to execute tasks with a strong sense of teamwork
What we Offer
- Up to £45,000pa
- An additional day off for your Birthday every year
- Excellent training and development opportunities
- Private medical insurance
- Group life insurance
- FusionPoints bonus scheme
Job Type: Full-time, Mon-Fri 9am-5pm
Job Location: Finchley, N3, (Fridays WFH)
About Fusion Consulting Group: Fusion is a multi-discipline consulting practice assisting entrepreneurial businesses and private clients by delivering an end-to-end solution throughout their business journey. Fusion crafts client solutions using its in-house team of highly skilled consultants with a diverse range of expertise within International Taxation, Company Accounting, Executive Recruitment, IT Strategy, Business Advisory, Legal Services and Financial Services ensuring a joined up approach and seamless client experience.
Equal Opportunities
Fusion Consulting Ltd is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, colour, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.
Group Compliance Officer employer: Fusion Consulting Group
Fusion Consulting Group is an exceptional employer, offering a dynamic work environment in Finchley, North London, where employees are encouraged to grow and develop their skills through excellent training opportunities. With a strong commitment to compliance and regulatory standards, the company fosters a culture of teamwork and collaboration, ensuring that every team member plays a vital role in delivering integrated advisory solutions to clients. Additionally, employees enjoy competitive benefits, including private medical insurance and a unique bonus scheme, making Fusion a rewarding place to build a meaningful career.
StudySmarter Expert Advice🤫
We think this is how you could land Group Compliance Officer
✨Tip Number 1
Network like a pro! Reach out to your connections in the compliance field and let them know you're on the lookout for opportunities. You never know who might have a lead or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of AML and KYC regulations. Be ready to discuss how you've handled compliance challenges in the past, as this will show you're the right fit for the Group Compliance Officer role.
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and career goals. Check out our website for openings at Fusion Consulting Group and tailor your approach to highlight how you can contribute to their compliance efforts.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Mention something specific from your conversation to show your genuine interest in the role and the company.
We think you need these skills to ace Group Compliance Officer
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Group Compliance Officer role. Highlight your experience with AML and KYC responsibilities, and don’t forget to mention any relevant training or certifications you've completed.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for Fusion Consulting Group. Mention specific examples of how you've maintained compliance in previous roles and how you can contribute to our team.
Showcase Your Communication Skills:As a Group Compliance Officer, communication is key. In your application, demonstrate your ability to coordinate across departments and engage with clients. Use clear and concise language to show off your skills!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity at Fusion Consulting Group!
How to prepare for a job interview at Fusion Consulting Group
✨Know Your Compliance Stuff
Make sure you brush up on your knowledge of AML and KYC regulations before the interview. Fusion Consulting Group is looking for someone who understands both UK and international compliance standards, so be ready to discuss specific regulations and how they apply to different scenarios.
✨Showcase Your Analytical Skills
As a Group Compliance Officer, you'll need strong analytical abilities. Prepare examples from your past experience where you've identified suspicious activities or resolved compliance issues. This will demonstrate your problem-solving skills and independent thinking, which are crucial for the role.
✨Communicate Clearly
Excellent communication is key in this role, especially when collaborating with various teams. Practice articulating your thoughts clearly and concisely. You might even want to prepare a few questions to ask during the interview that show your interest in cross-departmental collaboration.
✨Be Detail-Oriented
Attention to detail is vital in compliance roles. During the interview, highlight your experience with maintaining compliance registers or conducting KYC reviews. Share specific instances where your attention to detail made a difference in ensuring compliance or preventing issues.
