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- Tasks: Support the compliance team with administrative tasks and client assessments.
- Company: Join a growing international Accounting and Advisory firm based in Douglas.
- Benefits: Enjoy a dynamic work environment with opportunities for professional growth.
- Other info: Ideal for detail-oriented individuals who thrive under pressure.
- Why this job: Be part of a vital team ensuring compliance and making a real impact.
- Qualifications: Relevant compliance qualification and 3 years' experience preferred.
The predicted salary is between 36000 - 60000 £ per year.
Our Douglas-based firm are an Accounting and Advisory business with an international reach and focus. Owing to continued growth, they now require an experienced Statutory and Compliance Administrator to join the Compliance team. The purpose of this role is to provide administrative support, ensuring the smooth running of a busy compliance and statutory department.
Reporting to the Head of Statutory and Head of Compliance, the Statutory and Compliance Administrator will be responsible for:
- Assisting with assessing due diligence requirements for new clients and on-going monitoring of client entities
- Preparing and reviewing customer risk assessments
- Sanctions screening, PEP Screening, Transaction screening
- Data collection for regulatory reporting
- Assisting with compliance monitoring reviews
- Maintenance of regulatory registers
- Assisting with reviews of internal manuals, policies and procedures
- Incorporation and dissolution of companies
- Maintenance of client statutory records
- Preparation of documents for filing with Companies Registry
The ideal candidate for the role of Statutory and Compliance Administrator will have:
- Ideally working toward or holds a relevant compliance qualification
- Good working knowledge with Excel, Word, and Outlook
- Ideally at least 3 years' experience in a compliance and statutory role
- Basic knowledge of GDPR and handling sensitive information
- Good working knowledge of the Rule Book, AML/CFT Code and AML/CFT requirements
- Be able to work to strict deadlines and work accurately under pressure
- Be a team player with good organisational skills
- Effective written and verbal communication skills
- Able to prioritise tasks in order of importance
Locations
Statutory and Compliance Administrator employer: Orchard Recruitment Ltd
Contact Detail:
Orchard Recruitment Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Statutory and Compliance Administrator
✨Tip Number 1
Familiarise yourself with the latest compliance regulations and standards relevant to the role. This will not only help you understand the job better but also demonstrate your commitment to staying updated in the field.
✨Tip Number 2
Network with professionals in the compliance and statutory field. Attend industry events or join online forums to connect with others who can provide insights or even refer you to opportunities within their organisations.
✨Tip Number 3
Brush up on your Excel skills, as data collection and regulatory reporting are key aspects of this role. Consider taking a short course or watching tutorials to enhance your proficiency, which will make you stand out.
✨Tip Number 4
Prepare for potential interviews by practising answers to common compliance-related questions. Think about scenarios where you've successfully managed compliance tasks or dealt with challenges, as these examples will showcase your experience effectively.
We think you need these skills to ace Statutory and Compliance Administrator
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in compliance and statutory roles. Emphasise your familiarity with regulatory requirements, risk assessments, and any compliance qualifications you hold.
Craft a Compelling Cover Letter: In your cover letter, explain why you're interested in the Statutory and Compliance Administrator position. Mention specific skills that align with the job description, such as your experience with data collection for regulatory reporting and your knowledge of GDPR.
Showcase Your Skills: When detailing your experience, focus on your proficiency with Excel, Word, and Outlook. Provide examples of how you've used these tools in previous roles to manage compliance tasks effectively.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a compliance role.
How to prepare for a job interview at Orchard Recruitment Ltd
✨Showcase Your Compliance Knowledge
Make sure to brush up on your knowledge of compliance regulations, especially the Rule Book and AML/CFT requirements. Be prepared to discuss how your experience aligns with these regulations and how you can contribute to the firm's compliance efforts.
✨Demonstrate Your Organisational Skills
Since the role requires excellent organisational skills, be ready to provide examples of how you've successfully managed multiple tasks or projects in the past. Highlight any tools or methods you use to stay organised and meet deadlines.
✨Prepare for Technical Questions
Expect questions related to your proficiency in Excel, Word, and Outlook. You might be asked to describe how you've used these tools in previous roles, so think of specific examples that showcase your technical abilities.
✨Communicate Clearly and Effectively
Effective communication is key in this role. Practice articulating your thoughts clearly and concisely. During the interview, ensure you listen carefully to questions and respond thoughtfully, demonstrating your verbal communication skills.