Compliance Monitoring Analyst – 2nd Line

at  MultiPass

Posted January 23, 2024.
The compliance department needs to provide a service that is fit to accommodate the growth of Multipass across multiple jurisdictions. The Compliance Monitoring Analyst – 2nd Line role is vital within the Compliance Department, which is key in ensuring the compliance programme is operating effectively and mitigating the risks identified in various risk assessments.
Reporting to the Compliance Monitoring Officer, you will be assisting in driving the 2nd line team’s role to proactively monitor a wide range of compliance activities as well as providing 2nd line support to the operational compliance teams. This role is varied and requires attention to detail and good report-writing skills in order to enable senior executives to be appraised of the effectiveness of the compliance programme.

• Providing guidance and oversight to the first-line onboarding and transaction monitoring teams;
• Conducting a testing programme across areas of the business that are impacted by the compliance and AML programmes;
• Monitoring regulations to ensure changes are understood and implemented where required;
• Advising as to the compliance considerations relating to new products;
• Managing the business-wide training programme;
• Preparing and submitting internal and external SARs;
• Dealing with customer complaints in accordance with policy;
• Working closely with senior staff within the Compliance Department to enable enhancement of the Financial Crime programme;
• Liaising between onboarding analysts and sales. Maintain a strong relationship and provide guidance in relation to compliance criteria;
• Quality control - Sample testing of client accounts to ensure adherence to policy;
• Assisting the MLRO and Head of Financial Crime in optimising the AML programme.