Trainee Compliance Administrator

Key Responsibilities

• Become familiar with the Company policies and processes 
• Demonstrate the willingness to gain knowledge and understanding how rules, regulations and guidance shape the Company’s policies and procedures
• Gain an understanding of the funds and structures the Company administers
• Demonstrate the willingness to gain knowledge and understanding of CDD requirements
• Assist with the onboarding of new clients and entities, ensuring all processes are followed
• Undertake due diligence reviews, liaising with various parties to complete 
• Understand the concept of counterparty due diligence and when it is required
• Ability to review non-complex transactions and identify high AML risk factors
• Assist with the completion of client risk assessments
• Scheduling and undertaking initial and periodic reviews for low and medium risk clients
• Accurately extracting and summarising relevant information to create CO/MLCO reports
• Preparing compliance monitoring reports to a high standard
• Completing monthly transaction monitoring and reporting any findings
• Actively monitoring the compliance mailbox and identifying priority tasks to be completed
• Any ad-hoc duties as necessary

Skills, Knowledge and Expertise