FIG Compliance Quality Assurance Executive

Moneycorp powers global payments for corporates, institutions and high net worth individuals, combining worldwide reach with local expertise. With over 45 years of market experience, two banking licences and offices in 11 countries, our technology delivers 24/7 accessibility, while our people deliver award-winning service. In 2024, we supported £79bn+ of international payments, reaching 190 countries in 130 currencies. Our 32k+ corporate clients benefit from our regulatory resilience with 63+ permissions globally, access to major payment rails, and proprietary technology. Moneycorp is a place where energy, commitment to our shared success, and collaboration are core to our values.

To support the FIG Quality Assurance Function by providing oversight and ongoing monitoring of activities carried out by FIG Compliance. This role is responsible for conducting Quality Assurance reviews on FIG Compliance work, ensuring accuracy, consistency, and adherence to internal standards and regulatory requirements.

Role Responsibilities

• Assessing account reviews on Existing Customers
• Customer Risk Assessments (CRAs) are completed accurately, fully reflecting the information held on customers, with all outcomes correctly recorded in CRM.
• Account Reviews are completed in full and conducted in strict accordance with established procedures and internal guidelines.
• All screening activities are performed accurately and comprehensively, ensuring full alignment with procedural requirements.
• Compliance Meeting reports are completed and saved in the designated folder and signed by the appropriate mandated individuals.
• Daily Transaction monitoring and Monthly Transaction Monitoring reviews are completed in full and in accordance with procedures, supported by clear, understandable rationale and appropriate documentation where required.
• A QA review of daily breaches is performed to ensure that each breach has been completed correctly, with appropriate corrective actions taken and properly recorded.
• All information is accurately recorded in the correct CRM fields and documentation is stored in the appropriate CRM location, in line with filing requirements.
• All required translations are retained on file and easily accessible.
• Compliance logs are updated fully and accurately in accordance with procedures.
• All escalations are documented and recorded in the appropriate system.
• All signoffs and escalations are in line with procedures.
• Conduct post-account review checks of customer documentation to ensure all required actions have been correctly completed and appropriately evidenced.
• Assess and verify updates related to OFAC requirements, ensuring customer files and internal systems reflect accurate and compliant information.
• Review declined or suspended account decisions to confirm that the correct approach, rationale, and procedural steps were followed, with appropriate documentation in place.
• Assess other Compliance tasks are completed in line with procedures.

What We're Looking For

We are seeking an early-career professional with some exposure to assurance or AML/CTF compliance, seeking to build their expertise in a quality assurance role within financial services. Knowledge of the following would be beneficial:

• AML rules on ID & V and applied to legal entity onboarding and refresh.
• Experience of working in a Quality Assurance team.
• Experience of Compliance Operations procedures.
• Experience of transactional and other monitoring activities.

Skills & Competencies

• Strong attention to detail with the ability to work under pressure.
• Effective communicator who builds strong professional relationships.
• IT proficient, including experience with Microsoft Excel and CRM systems.

Personal Attributes

• Professional, approachable, and a strong team player.
• Highly motivated with a determined, can-do attitude and strong personal drive.

Please note: This position is full-time, permanent. The role is expected to be office-based in London as part of the Group Risk & Compliance team. However, we have an agile flexible working policy which enables you to work up to 2 days from home if desired.

What you get in return

This role offers a competitive salary and discretionary bonus, plus a benefits package including private medical health insurance.

Interested?

If the role sounds like you, we invite you to upload a copy of your CV by clicking on the Apply button.

Start Date: ASAP

Diversity and Inclusion: Moneycorp is proud to be an Equal Opportunity employer. Across our Group, Moneycorp maintains a philosophy that an inclusive company culture inspires creativity, fosters a sense of belonging, and is imperative to both personal and professional growth. All qualified applicants will receive consideration for employment without regard to age, colour, family or medical care leave, gender identity or expression, genetic information, marital status, medical condition, national origin, political affiliation, status as an individual with a physical or mental disability status as an individual with a protected veteran status, race, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable laws, regulations and ordinances. Moneycorp believes that diversity is critical to our success and is committed to creating an inclusive environment which celebrates diversity. We hire on the basis of talent, merit, competence, performance, and business needs.