Compliance Administrator

Praxis Group•Guernsey, WY

15h

About The Position

Praxis is an independent, leading provider of bespoke private wealth, corporate administration and yacht services to companies, individuals and families across the world. Our expertise and experience is driven by recruiting and retaining the brightest and best, and creating a culture that allows people to thrive. Our independence encourages an open culture where every voice is valued. We care about creating an environment that hears, supports and shares openly with all our people. Teamwork and collaboration are at the heart of our approach, and we nurture an environment of openness and respect where everyone feels valued. Be heard. Be part of the Praxis Group. Our central services team provides centralised support to the Group. A career with us provides the chance to work with colleagues across our global network, delivering support across technology & business systems, marketing & communications, finance & accounting, compliance & risk, HR, facilities and administration Job summary: Assist in all aspects of Compliance and the anti-financial crime controls as required to assess, evaluate, report and minimise Compliance risk within the business. Assist with general compliance/AML/CFT/CPF queries. Assist with the monitoring of various functions against procedures to ensure compliance with various regulatory requirements. Perform compliance related administrative tasks, assist with the maintenance of registers and undertake compliance monitoring and new business checks in accordance with Praxis’ procedures.

Requirements

Educated to ‘A’ Level standard, or equivalent
Previous experience working for a regulated financial services business is preferred
Willingness to attain a professional Certificate
Strong written and verbal communication skills
A positive attitude and the ability to deal with staff at all levels
Good problem-solving, screening, research and analysis skills
Compliance, Anti-Money Laundering/CFT knowledge
Ability to manage own workload and adapt to departmental needs
A sound knowledge of Microsoft Office programs Word and Excel

Responsibilities

Carry out all tasks assigned as part of the annual Compliance Monitoring Programme and other Compliance task lists.
Assisting with the maintenance of Compliance registers.
Assisting with the review of hits from the overnight screening of names from the Acumen database and liaising with the business to clear the hits – escalating any findings in accordance with the procedures.
Carrying out ad-hoc screening on client principals/potential client principals, as required
Providing compliance-related assistance and guidance to the businesses as required, during the client acceptance/New Business process
Assessing and confirming the adequacy of CDD as requested and maintenance of the respective Compliance records.
Providing assistance to the business and where relevant to other Compliance staff to enable the business to operate efficiently and effectively in meeting its regulatory and legislative obligations.
Undertaking and/or assisting with ad-hoc Compliance related projects or reviews as requested.
Provide cover for Compliance team absences from time to time to ensure continuity of service to the business.
Carry out any Compliance related function/activity as requested by Compliance Management, Head of Compliance or Directors from time to time.