Compliance Officer

at  Privat 3 Money

Privat 3 Money is looking for an experienced Compliance Officer to join our company based in Mayfair, London. You will join us on a full time, permanent basis and in return you will receive a competitive salary of up to £55,000 per annum (DOE) plus benefits.
Privat 3 Money is the next generation of premier digital finance and wealth solutions, a one-stop financial partner for global citizens & corporations.

SKILLS, KNOWLEDGE AND QUALIFICATIONS REQUIRED:

• Proven experience as a Financial Crime Compliance Officer or Senior Compliance Analyst (3-5 years)
• Experience in onboarding and monitoring transactions for High-Risk customers.
• Knowledge of legal requirements and controls (e.g., EU Money Laundering Directives)
• Familiarity with industry practices and professional standards
• Familiarity with FCA Guidance and rule book and relevant publications e.g., JMLSG
• Excellent communication and organization skills
• Attention to detail
• Experience within a banking institution or payment service provider
• Knowledge of Blockchain/Cryptocurrency field is a plus
• BSc/BA in law, finance, business administration or a related field
• Professional certification (e.g., ICA) is a plus

• Onboarding retail and corporate customers while conducting KYC and AML compliance checks in accordance with the company’s policies and procedures.
• Produce Client based risk assessments
• Act as a point of escalations for high-risk clients
• Ensuring that periodic reviews of existing clients are conducted
• Performing daily transaction monitoring and data validation
• Investigate and review transactions that have exceeded set thresholds
• Addressing ad-hoc queries from the business on routine Compliance matters under reference to members of the Compliance & Risk team
• Provide support to the Compliance team on projects and queries along with requests from senior management
• Provide ad hoc training sessions for non-compliance staff involved in client case submissions
• Assist the MLRO and/or deputy MLRO in preparation of reports and case submissions to the Account Opening and/or Risk Committees
• Contribute to the preparation of the MLRO Annual report to Management.
• Carry out periodic firm wide risk assessments
• Carry out periodic GDPR/data protection audits within the firm