Treasury Compliance Officer. Financial Services. Up to £50K

Are you an experienced financial services administrator with an understanding of AML/KYC? This exceptional opportunity could be just right for you.

Our Client

Our client is a growing business based in Tring who specialise in post-Brexit currency exchange.

The Role

This new position within a growing business will be responsible for supporting the smooth operation of the Treasury Function, ensuring that our client's standards are upheld and implemented on a day-to-day basis.

• Complete the daily Safeguarding reconciliation to provide a record that all client monies are treated correctly and represented by the relevant bank balances.
• Circulate the report to Senior Management.
• Provide clear and concise explanations where the reconciliation is not balanced and take actions to ensure that a clean report can be produced later in the day.
• Check settlement requests from liquidity providers and adjust as needed for any margin amounts held by them.
• Ensure that all client funds required for the settlement have been received in full. Refer to the FX Dealers if monies are yet to be received.
• Ensure payment is made as early as possible.
• Communicate with liquidity providers.
• Monitor receipt of expected funds as there will normally be a client payment required.
• Maintain accurate records of all margins held on Forward Trades and reconcile this daily to our bank accounts and the balances held by liquidity providers.
• Process client payments accurately, referring to the dealers if there are any issues.
• Manage the movement of profits on trade deals into company funds as swiftly as possible to avoid co-mingling of client and company monies.
• Maintain the relevant records for each client in T100.
• Ensure that the company's accounting records are updated regularly and accurately reflect the company bank accounts.
• Manage the day-to-day payment of suppliers.
• Accurately complete payroll payments each month and ensure the payment to HMRC is made at the appropriate time.
• Develop a sound understanding of the regulatory environment in which our client operates and proactively keep this knowledge up to date.
• Take a curious and questioning approach with all transactions.
• Ensure all transactions have been fully signed off by the MLRO before they are executed.
• Initiate the client onboarding process when new account applications are received.
• Provide operational support to the Head of Compliance, including through: the execution of our client's day-to-day Client Onboarding and Transaction Monitoring processes; and, the reporting of key onboarding and transaction monitoring data on a regular basis.
• Facilitate our client's ongoing regulatory compliance, with both FCA and NCA requirements, through the prompt escalation of suspicious activity to the Head of Compliance & MLRO.
• Champion the effective execution of our client's AML & Compliance Framework by upholding the Firm's policies and procedures and highlighting enhancement opportunities.
• Ensure that all applicants complete our client's onboarding checks, that they are risk-rated in accordance with our client's standards, and that full risk-sensitive KYC is carried out on a case-by-case basis.
• Undertake manual transaction risk reviews, ensuring that sufficient information has been gathered to enable our client to adequately assess and accurately understand the nature and purpose of the transaction.

The Candidate

Our client is looking for a candidate with experience of working within a financial services/foreign exchange environment.

• Exceptional attention to detail and ability to focus in a busy office environment.
• Ability to balance focus and being aware of what is being discussed in the office.
• Appreciation of what it means to work in a regulated business.
• Understanding of what good client service looks like and ability to deliver this.
• Ability to manage multiple work streams during the day.
• Willingness to learn and to keep learning.
• Ability to balance detail with the bigger picture.
• Excellent numeracy and administrative skills.
• Strong written and verbal communication.
• Good work ethic.
• Good IT skills, particularly Excel and Xero.
• Comfortable taking responsibility in a process-driven and variable workflow environment.
• Collaborative, analytical, and adaptable approach to work and problem solving.
• Ability to build relationships with stakeholders at varying levels of seniority.
• Organisational and prioritisation skills.

The Terms

Based in our client's beautiful Tring offices, this role is full time (standard 37.5 hour week). A salary of up to £50K FTE*, dependant on experience is available. This growing company is looking for the right person to join them and support the ongoing growth of the business. We are an equal opportunities employer and welcome applications from all qualified candidates.