At a Glance
- Tasks: Join a dynamic team ensuring compliance with AML regulations and promoting a positive compliance culture.
- Company: Leading finance sector client based in Douglas with an international focus.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Opportunity to grow in a busy, challenging environment with excellent career prospects.
- Why this job: Make a real impact in the finance industry while developing your compliance expertise.
- Qualifications: ICA qualified or studying towards it, with 2 years of compliance experience.
The predicted salary is between 40500 - 49500 £ per year.
Our leading Douglas-based Finance Sector Client with an international focus are enjoying a busy workload within their Compliance and Risk function. To support this, they have an opportunity for an AML Compliance Officer to join an established team.
The AML Compliance Officer as part of the Group Compliance team, takes a proactive role in ensuring that the company and its subsidiary companies understand and are compliant with their respective legal and regulatory obligations and accountabilities on a continuing basis, promoting and sustaining a sound compliance culture, carrying out monitoring of internal policies and ensuring all regulatory submission deadlines are met throughout the course of the financial year.
Key Responsibilities include:
- Actively contribute to the day-to-day activities of the AML Compliance Team, in line with the overarching objectives of the Group Risk and Compliance (GRC) Department
- Carry out regular AML compliance monitoring in line with the Group Compliance Assurance Monitoring Framework
- Analyse the results of AML compliance monitoring and make recommendations on any necessary changes to the operational procedures
- Assist with the preparation and delivery of AML training, carry out checks on sanctions lists, and assist in the investigation of AML breaches
- Undertake administrative services for the AML Compliance Team, including the maintenance of the appropriate Group Registers
- Provide guidance and support to staff across the Group
- Undertake ad hoc project work as determined by the Group MLRO, as necessary
- Assist and support the MLRO in regulatory inspections and any subsequent regulatory remediation
- Assist and maintain an effective and fit for purpose AML framework, which guides and defines organisational behaviours, provides a clear context for business decision-making and positively influences the performance of functional and operational activities across the Group
- Provide active support to the MLRO and DMLRO to ensure that the Life Companies of the Group and their service providers and employees remain cognisant of and compliant with their respective regulatory obligations and proactively maintain adequate, effective and auditable policies, procedures, reporting mechanisms and training materials
- Proactively promote and support a positive compliance culture across the Group and assist with the preparation and delivery of Compliance training to ensure all colleagues remain cognisant of and compliant with their respective regulatory obligations
The ideal candidate for the role of AML Compliance Officer will be:
- ICA qualified to Certificate level or currently studying towards an ICA qualification.
- First-hand experience in a compliance role within the financial services industry (min 2 years)
- Demonstrate good knowledge of the legal and regulatory frameworks which govern the insurance or financial service sectors in multiple jurisdictions
- Knowledge and understanding of risk management, internal control and corporate governance principles and practices
- Working knowledge of regulatory risk and the appropriate means for detection, investigation and prevention
- Ability to build positive working relationships with colleagues and a willingness to share knowledge and expertise in compliance tools and techniques
- Ability to manage and resolve conflict and interact effectively with the senior management team
- Proactively manage own workload and performance in a busy and challenging environment
- Demonstrate an understanding of the principles of ethics and integrity
- Strong communication skills, both verbally and written, to a wide range of audiences
- Competent in Microsoft applications: Including Word, Outlook, PowerPoint, and Excel
- Desirable: Knowledge of MS Sharepoint
AML Compliance Officer in Lanark employer: Orchard Recruitment
Join our dynamic team in the heart of Douglas, where we prioritise a collaborative work culture and offer extensive opportunities for professional growth within the finance sector. As an AML Compliance Officer, you will play a crucial role in fostering a strong compliance environment while benefiting from our commitment to employee development and a supportive atmosphere that values integrity and teamwork. With a focus on international standards and local regulations, this position not only enhances your career but also allows you to make a meaningful impact in the industry.
StudySmarter Expert Advice🤫
We think this is how you could land AML Compliance Officer in Lanark
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Orchard Recruitment looking for candidates who are engaged and informed.
We think you need these skills to ace AML Compliance Officer in Lanark
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Orchard Recruitment. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Orchard Recruitment
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Orchard Recruitment’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
