Compliance Assistant, Global Professional Services Firm (1-2 years’ experience)

Reference: JL506
Sector: Compliance & Risk
Job Type: Permanent
Consultant: Justin Loughnane
Justin Loughnane

The Opportunity

Compliance Assistant, Global Professional Services Firm (1-2 years’ experience)

On behalf of our client, Red Tree Recruitment is currently looking to recruit a Compliance Assistant to join an international fiduciary services company for this team based role.

The Role

THE COMPANY

The company has a diversified client base to include multinational corporations, financial institutions, alternative investment funds and entrepreneurs.

The team is made up of professionals with backgrounds in law, tax, accounting, economics  and business administration.

THE ENVIRONMENT

You will join a friendly and supportive team based environment which has a very low turn-over of staff.

There are genuine opportunities for career progression and development in time to include the following;

  • Study assistance scheme
  • opportunities for international secondment

THE POSITION

As Compliance Assistant your aim is to prevent, by all reasonable means, the occurrence of compliance risks. Compliance aims at stimulating, monitoring and controlling the observation of laws, regulations, internal rules and ethical standards that are relevant to the integrity and to the reputation of the company. The Compliance Assistant conducts credit/acceptance/operational research with the aim to produce recommendations on various customer or process instruments, and to give solid advice as to risk characteristics

KEY RESPONSIBILITIES

As Compliance Assistant you will be responsible for a wide range of activities:

  • Act as a point of contact for the business for all Compliance and AML-related queries
  • Assist the compliance officer in ensuring that an effective system exists for communicating Group compliance and risk standards and provide guidance in these areas, including training and other communications media
  • Ensure that appropriate compliance records are generated and maintained. Updating all Compliance information and databases
  • Aid Relationship Managers in the Review, preparation and presentation of KYC files to the Local Acceptance Committee (LAC)
  • Complete accurate KYC profiles in a timely manner for new / existing customers using internal KYC systems. Apply Client On-Boarding policies and procedures to obtain and analyse the necessary documents for each client type
  • Review publicly available sources of information to develop a thorough understanding of the client’s activities and the nature of the proposed business relationship and work with the First line to source additional documentation if sufficient information is not publicly available
  • Annual review of KYC files according to risk levels
  • Initial & continuous screening of UBO, Client and additional Counterparties via World-Check and Pythagoras databases to identify sanctions, PEPS, convictions, warnings and any other adverse information
  • To support in the preparation of reports and updates on the status of the annual Compliance Plan and all the other relevant items
  • Assist the compliance officer in ensuring coordination with other company departments including legal, internal audit, human resources, and IT to ensure effective implementation of the compliance program
  • Execute such other functions related to the compliance program as are delegated by the compliance officer

Candidate Profile / Experience

Our client is looking for individuals who:

  • Want to succeed, grow, be challenged and challenge others
  • Have a strong understanding of compliance and proven experience in administration – Ideally 1-2 years within a Compliance or AML role
  • Degree educated and holding, working towards or willing to work towards, a relevant compliance-related qualification
  • Have strong communication and leadership skills
  • Excellent attention to detail and ability to work towards deadlines

Please note only candidates that match the minimum job requirements above will be contacted for this role.

As per our privacy statement, all data will be held on file by Red Tree Recruitment for a period of 3 years. By sending your CV to Red Tree Recruitment, you are consenting to this. If you wish to have your details removed prior to this period, please contact info@redtree.ie . Please view our privacy policy: www.redtree.ie/privacy-policy/

Reward / Package

Highly competitive remuneration and benefits package on offer to the successful candidate.

Contact

Consultant: Justin Loughnane

For more details on this opportunity or other roles which we are working on drop me an email on Justin@redtree.ie or call me on 01 5541291 / 086 8105755

RED TREE RECRUITMENT SPECIALISES IN THE RECRUITMENT OF THE FOLLOWING PROFESSIONS: Legal|Finance|Tax|Accounting|Risk|Compliance|Insurance|Funds|Banking|HR|IT|Cyber|Company Secretary| Office Support| Aviation Asset Finance & Leasing| Data| Audit