Compliance Assistant, Permanent, Isle of Man

Compliance Assistant required to join the Insurance sector to assist with ensuring compliance within the regulatory environment, including requirements relating to anti-money laundering and combating the financing of terrorism

The Role...

Review and assess Customer Due Diligence (CDD) to remove or mitigate areas of risk
Review of existing client account information and documentation to verify that all applicable legal, regulatory, procedural and process requirements are satisfied
Use of 3rd party software to check clients or potential clients against Sanctions lists or warning issued by a competent authority
Make capable and effective decisions and escalate problems within reporting lines
Apply sound business judgment to identify and escalate any unusual or suspicious activities to senior management or the MLRO as required.
Assist and guide business colleagues in application of AML / CFT / CDD requirements

About you...

A professional qualification such as International Compliance Association (ICA) or similar would be an advantage
Previous experience in a relevant AML / CDD financial services environment
Experience in Risk & Compliance requirements, including but not limited to, CDD / EDD for high net worth individuals and more complex financial structures such as trusts, corporate and foundations across multiple jurisdictions worldwide
An understanding of regulatory framework in IOM

The Reward...

Market rate salary with benefits package

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