At a Glance
- Tasks: Oversee KYC and AML processes for 5,000+ suppliers and customers.
- Company: Join NEXT, a leader in retail with a focus on compliance.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Office-based role with opportunities for growth in a fast-paced setting.
- Why this job: Make a real impact in safeguarding our supplier and customer network.
- Qualifications: Detail-oriented with experience in compliance and strong analytical skills.
The predicted salary is between 30000 - 40000 £ per year.
Join NEXT as a Compliance Coordinator and play a key role in safeguarding the integrity of our supplier and customer network. We're looking for a detail-oriented and proactive individual to oversee the KYC (Know Your Customer) and AML (Anti-Money Laundering) processes for over 5,000 suppliers and customers.
Based within Finance Operations, this business-critical role supports a team of six and works closely with Compliance, Legal, and Business Directors. You'll manage end-to-end compliance processes, applying strong due diligence and enhanced due diligence (EDD) to assess suppliers from an AML and fraud risk perspective. You'll continuously improve monitoring practices to stay ahead of emerging risks. Strong judgement, data skills, and collaboration are essential, especially as we transition to a new ERP system. Join us in shaping secure and efficient operations across Retail, Online, and Total Platform Partners.
What You Will Take On
- Manage and coordinate all KYC and AML-related steps for supplier onboarding or changes, ensuring timely and accurate completion across all stakeholders.
- Conduct in-depth due diligence and EDD reviews, escalating issues where necessary and applying sound judgement.
- Monitor and assess ongoing risk across our supplier and customer base, enhancing business-as-usual (BAU) processes to address emerging compliance threats.
- Use data and analytics platforms to streamline risk oversight and strengthen decision-making.
- Support the team through the implementation of a new ERP system and contribute to process development during this transition.
What You Will Bring
- Highly organised, analytical thinker with strong communication skills and a calm, professional approach.
- Experience in supplier due diligence and onboarding processes.
- Working knowledge of AML and KYC compliance within a regulated environment (ideally financial services).
- Excellent attention to detail with strong analytical and reasoning abilities.
- Proven organisational and time management skills.
- Comfortable working across multiple stakeholders, including senior management.
- Logical, methodical problem-solver with a collaborative mindset.
- Adaptable and resilient with the ability to manage changing priorities.
- Studying towards a certified compliance qualification (desirable but not essential).
Please note this is an office-based role, you will be required to be in the office 5 days a week.
Compliance Coordinator in Leicester employer: Next Careers
At NEXT, we pride ourselves on being an exceptional employer, offering a dynamic work environment where compliance and integrity are at the forefront of our operations. As a Compliance Coordinator, you'll benefit from a supportive team culture that fosters collaboration and professional growth, alongside opportunities to enhance your skills in a fast-paced retail setting. With a commitment to employee development and a focus on innovative practices, NEXT is the ideal place for those looking to make a meaningful impact in compliance and risk management.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Coordinator in Leicester
✨Tip Number 1
Network like a pro! Reach out to people in the compliance field on LinkedIn or at industry events. A friendly chat can lead to opportunities that aren’t even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on KYC and AML processes. We recommend having real-life examples ready to showcase your analytical skills and attention to detail.
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values. At StudySmarter, we believe in finding a workplace where you can truly make an impact.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can keep you top of mind and show your enthusiasm for the role. Plus, it’s a great way to reiterate your fit for the Compliance Coordinator position.
We think you need these skills to ace Compliance Coordinator in Leicester
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Compliance Coordinator role. Highlight your experience with KYC and AML processes, and don’t forget to showcase your analytical skills and attention to detail. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about compliance and how your background makes you a perfect fit for this role. We love seeing genuine enthusiasm, so let your personality come through!
Showcase Relevant Experience:When filling out your application, be sure to highlight any relevant experience in supplier due diligence or compliance. If you've worked with data analytics platforms before, mention that too! We’re looking for someone who can hit the ground running.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just follow the prompts and you’ll be on your way!
How to prepare for a job interview at Next Careers
✨Know Your Compliance Basics
Before the interview, brush up on your knowledge of KYC and AML processes. Be ready to discuss how these concepts apply to supplier onboarding and risk assessment. Showing that you understand the fundamentals will demonstrate your commitment to the role.
✨Showcase Your Analytical Skills
Prepare examples from your past experiences where you've used data and analytics to solve compliance issues or improve processes. Highlighting your analytical thinking will resonate well with the team, especially since they value strong judgement and data skills.
✨Demonstrate Your Organisational Skills
Since this role requires managing multiple stakeholders and tasks, come prepared with a strategy for prioritising your workload. Discuss how you keep track of deadlines and ensure timely completion of compliance processes to show you're highly organised.
✨Be Ready for Scenario Questions
Expect questions that put you in hypothetical situations related to compliance challenges. Practice articulating your thought process and decision-making approach in these scenarios, as it will showcase your logical problem-solving abilities and calm, professional approach.
