Compliance Specialist, AML

Compliance Specialist
Location: London, United Kingdom
Schedule: 37.5 hours per week
Work Arrangement: Permanent, Hybrid

About our role:

We are seeking a Compliance Specialist to support the delivery of high-quality compliance and anti-money laundering (AML) services to a portfolio of CSC clients.
Working closely with the Money Laundering Reporting Officer (MLRO), Relationship Managers and the wider Compliance team, you will support entities supervised by the Financial Conduct Authority (FCA) for AML purposes and help ensure ongoing compliance with applicable UK money laundering legislation, regulatory requirements and guidance.

The successful candidate will have practical experience in AML compliance, including policy and business risk assessment development, regulatory obligations, KYC and client due diligence. You will be highly motivated, inquisitive and detail-oriented, with strong written communication skills and the ability to build effective relationships with both internal and external stakeholders.

Your responsibilities:

- Support the MLRO in overseeing AML and financial crime compliance activities for a portfolio of entities supervised by the FCA for AML purposes.
- Assist with the preparation of quarterly compliance reporting and the delivery of annual AML training to the boards of CSC client entities.
- Support the development, review and ongoing maintenance of AML policies, procedures and Business Risk Assessments, ensuring they remain appropriate to the entities' activities and are maintained to a standard suitable for regulatory review or inspection.
- Maintain regulatory registers and compliance records for client entities, where required.
- Manage and respond to AML-related queries received through the team's central mailbox, including queries from internal stakeholders and regulatory authorities.
- Review client entity policies and procedures to assess alignment with applicable legislation, regulatory requirements and relevant guidance.
- Support the provision of KYC, due diligence and screening services in respect of third-party customers and counterparties of client entities.
- Liaise and collaborate with regulatory authorities and other external stakeholders, where required.
- Maintain a strong working knowledge of relevant UK AML legislation, regulatory requirements, FCA expectations and industry guidance applicable to the entities supported.
- Monitor developments in legislation, regulation and industry guidance and assist in assessing their potential impact on client entities.
- Maintain clear and comprehensive compliance records, ensuring decisions and recommendations are appropriately documented and supported by relevant evidence.
- Work collaboratively with Relationship Managers and other internal stakeholders to deliver a consistent and high-quality service to clients.

Your profile:

Essential experience and skills

- A minimum of 2 to 3 years' experience in an AML, financial crime or compliance role, ideally within financial services, professional services or a regulated environment.
- Practical experience drafting and/or reviewing AML policies, procedures and Business Risk Assessments.
- Good working knowledge of UK AML requirements and the associated regulatory framework.
- Experience of KYC, customer due diligence, screening and/or financial crime compliance activities.
- Strong understanding of compliance controls, governance and record-keeping requirements.
- Excellent written and verbal communication skills, with the ability to produce clear, concise and well-reasoned compliance documentation.
- Strong stakeholder and relationship management skills.
- Excellent attention to detail and sound professional judgement.
- Ability to manage competing priorities and work effectively under pressure.
- High standards of integrity, discretion and professional ethics.
- A proactive, collaborative and customer-focused approach.

Desirable:

- Experience supporting FCA-supervised or otherwise regulated entities.
- Experience preparing compliance reporting for boards or senior management.
- Experience engaging with regulatory authorities.
- Relevant AML, financial crime or compliance qualifications would be advantageous.