Compliance Officer - London Area, United Kingdom - ISX Financial

Description

Compliance Officer

Who we are?

ISX Financial is an EEA/EU Electronic Money Institution licensed by the Central Bank of Cyprus and the United Kingdom's FCA. The company provides payments, issuance of electronic money, IBAN addressable stored value accounts and KYC identity verification services to eCommerce merchants, regulated sector businesses and consumers.

Our inhouse developed platforms allow us to deliver technology and financial services to our customers, including our app . The Group employs more than 125 staff located across our offices located in Australia, Cyprus, Lithuania, United Kingdom, Netherlands, USA, Israel, Malta.

Responsibilities include (but are not limited to):

• Conduct and document CDD / KYC checks on the company's clients in accordance with the company's AML/CTF policies and procedures during onboarding.
• Conduct Enhance Due Diligence analysis on high-risk/PEP customers.
• Conduct periodical (or ad hoc) reviews of Clients.
• Identify and assess any emerging AML/CTF-related risks and promptly escalating them to the MLRO.
• Analysing, escalating, and resolving sanctions, PEPs and adverse media screening alerts.
• Maintain accurate and detailed records of due diligence reviews, investigations, and decisions made, ensuring proper documentation for MLRO escalation, internal/external audit, and regulatory purposes.
• Reviewing transaction alerts and assessing if permissible or requiring investigation.
• Documenting and updating procedure documents.
• Responsible for some training and knowledge transferring to new and existing team members.

Skills and Requirements:

• 2-3 years of experience in a similar role
• Good level of understanding and experience of Financial Crime legislation and regulation: AML/CTF; Sanctions; Anti-Bribery and Corruption; and Fraud, from a financial service industry.
• Experience in onboarding legal entities with complex structures and different jurisdictions.
• Experience in financial crime monitoring would be consider as a plus
• Strong attention to detail, and the ability to see the bigger picture.
• Planning, analytical and communications (both verbal and written) skills are essential.
• High energy and drive and be delivery focused, and the ability to work well on your own or within a team.