Senior Business Compliance Officer

The Senior Business Compliance Officer role is initiated since first line compliance assurance is the basis of our service offering. The role is to assure continuous focus on both delivery and quality of first line compliance for and within each of the operational teams.

The Senior Business Compliance Officer is responsible to securing proper fulfilment of Wwft and WTT compliance in the team and promoting the quality consistency and uniformity of methods and definitions applied in the registration of all related actions and documents (data quality) in the relevant tools (such as SERR and ANTrance).

Tasks

The Senior Business Compliance Officer

• Assures the quality of the regulatory and procedural client due diligence during and outside the (periodic) compliance review process and if required in the onboarding process (in line with the WWFT and WTT). Educates and advises the members of the team to increase consistency and quality throughout the team.
• Assures substantiation and documentation of all relevant parts of the structure and the UBO(s) of the relevant parts of the structure (and the client). Verifies integrity risk profile (SERR) transaction profile source of funds source of wealth and total net worth of UBO(s). Explains the purpose of each layer of the structure and the flow of funds (chart). Drafts PEP and bad press memos if required. Implements mitigating measures and enhanced due diligence whenever required.
• Supports Client Service Managers with completing the Client Memorandum and Client Acceptance tab ensuring that all assessments and conclusions are properly documented and the Client Memorandum is snapshotted before the compliance review due date or before OCA.
• Escalates nonconformities and behavioural issues to the line manager and / or project manager.
• Performs overall client file reviews for the team.
• Maintains close contact with the Compliance team (assessing the quality of compliance and keeping track of open items). Ensures proper followup of their advises and / or action points specific SERR improvements and GRRC requirements within the team.

Qualifications :

Additional Information :

At IQEQ we want you to reach your full potential. We offer an inclusive and diverse environment to support your career aspirations. With a strong emphasis on continuous learning and a holistic approach to your professional and personal development. We also offer opportunities across our service lines and our international network of offices.

Remote Work : Employment Type :

Fulltime

Key Skills

Compliance Management,Risk Management,Financial Services,PCI,Banking,Cost Accounting Standards,Quality Systems,Research Experience,NIST Standards,Securities Law,SOX,ISO 27000

Experience : years

Vacancy : 1