At a Glance
- Tasks: Manage compliance frameworks, monitor AML activities, and ensure regulatory adherence.
- Company: Fusion Consulting Group, a rapidly growing professional services firm.
- Benefits: Salary up to £45,000, birthday off, private medical insurance, and bonus scheme.
- Other info: Work in a diverse environment with excellent training and career development opportunities.
- Why this job: Join a dynamic team and make a real impact in compliance and regulatory standards.
- Qualifications: 2-3 years in AML/KYC roles with strong analytical and communication skills.
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 judgment
- Detail-oriented, responsible, and able to execute tasks with a strong sense of teamwork
What we Offer
- Basic Salary of 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)
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 in London employer: Fusion Recruitment
Fusion Consulting Group is an exceptional employer, offering a dynamic work environment in Finchley, North London, where employees can thrive in a rapidly growing multi-disciplinary professional services firm. With a strong focus on employee development, competitive benefits including private medical insurance and a unique birthday leave policy, and a commitment to fostering a diverse and inclusive culture, we empower our team members to excel in their roles while contributing to meaningful compliance initiatives across various sectors.
StudySmarter Expert Advice🤫
We think this is how you could land Group Compliance Officer in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the compliance field and let them know you're on the hunt for a Group Compliance Officer role. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your AML and KYC knowledge. Be ready to discuss real-life scenarios where you've tackled compliance challenges. This will show that you’re not just book-smart but also practical and ready to hit the ground running.
✨Tip Number 3
Don’t forget to showcase your communication skills! As a Group Compliance Officer, you'll need to collaborate with various teams. Practice articulating your thoughts clearly and confidently, so you can impress during those crucial interviews.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining Fusion Consulting Group and being part of our exciting journey.
We think you need these skills to ace Group Compliance Officer in London
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 this role at Fusion Consulting Group. Share specific examples of how you've handled compliance issues in the past.
Showcase Your Skills:In your application, emphasise your analytical and problem-solving skills. We want to see how you can contribute to maintaining high standards of regulatory compliance and support our teams effectively.
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. We can’t wait to hear from you!
How to prepare for a job interview at Fusion Recruitment
✨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.
✨Show Off Your Analytical Skills
As a Group Compliance Officer, you'll need strong analytical abilities. Prepare examples from your past experience where you've successfully identified suspicious activities or resolved compliance issues. This will demonstrate your problem-solving skills and independent thinking.
✨Communicate Clearly
Excellent communication is key in this role. Practice articulating your thoughts clearly and concisely. You might be asked to explain complex compliance concepts, so being able to break them down into simple terms will show that you can effectively collaborate with various teams.
✨Be Detail-Oriented
Attention to detail is crucial in compliance roles. During the interview, highlight instances where your meticulous nature has helped prevent compliance issues or improved processes. This will reassure them that you can handle the responsibilities of maintaining compliance registers and conducting thorough KYC reviews.
