At a Glance
- Tasks: Conduct compliance checks and manage member onboarding in the gambling industry.
- Company: Wynn Mayfair, a prestigious venue offering exclusive experiences.
- Benefits: Season ticket loans, discounts, life assurance, and more perks.
- Other info: Dynamic role with opportunities for professional growth in a vibrant environment.
- Why this job: Join a team dedicated to safer gambling and regulatory excellence.
- Qualifications: Must be over 18 with a keen eye for detail and compliance.
The predicted salary is between 36000 - 60000 £ per year.
Wynn Mayfair, located in the heart of Mayfair, offers exclusive world-class experiences to its members. The Compliance and Research Officer is responsible for thorough due diligence, managing compliance processes, supporting the operational teams and staying ahead of regulatory changes in the gambling industry. As a key member of the team, you will help safeguard the company’s reputation, mitigate risks, and ensure that all members are vetted to the highest standards, while contributing to the company’s commitment to safer gambling and regulatory excellence.
Benefits
- Season ticket loan
- Cycle to work scheme
- Various discounts on retailers, restaurants and smart tech
- Employee assistance programme
- Life assurance
- Purchase leave
- On site staff canteen
- Medicash
- Discounts on Mayfair car parks
- and lots more!
Daily Operations
- Staying informed on laws and regulations impacting the gambling industry.
- Managing the member onboarding and ongoing monitoring process with precision and efficiency.
- Adherence to company’s policies and procedures and helping other employees adhere to organisational standards to ensure consistency, compliance, and foster a productive and professional environment.
- Conducting all necessary screening, including Know Your Customer (KYC), Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), Affordability, Safer Gambling, Source of Wealth (SoW), and Source of Funds (SoF) assessments.
- Keeping detailed and accurate electronic records in line with company policies.
- Monitoring high-risk individuals and reporting findings to the MLRO.
- Coordinating with external stakeholders to gather critical information.
- Auditing and providing regular reports to the Head of Compliance and MLRO.
- Gaining familiarity with all Compliance Team processes and assisting internal stakeholders as needed.
Additional Information
- Candidates must be able to demonstrate they have the Right to Work in the UK at interview stage.
- Due to Gambling Regulations, all applicants must be over the age of 18.
Compliance and Research Officer in Edinburgh employer: Wynn Mayfair
Wynn Mayfair is an exceptional employer that prioritises employee well-being and professional growth, offering a vibrant work culture in the prestigious Mayfair area. With a comprehensive benefits package including discounts, life assurance, and a supportive employee assistance programme, we foster an environment where compliance professionals can thrive while contributing to our commitment to safer gambling and regulatory excellence.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance and Research Officer in Edinburgh
✨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 Wynn Mayfair looking for candidates who are engaged and informed.
We think you need these skills to ace Compliance and Research Officer in Edinburgh
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 Wynn Mayfair. 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 Wynn Mayfair
✨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 Wynn Mayfair’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
