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Job description

ROLE SUMMARY

Briefly describe the main purpose of the role

The role has two key responsibility areas:

1. Assisting in ensuring our client's regulatory compliance with the Financial Crime rules and obligations, including KYC & AML and

2. Conducting AML/KYC onboarding and ongoing monitoring checks for Mainspring and on behalf of clients.

Key Responsibility Areas:

1. AML Compliance Assistant responsibility - client service

· Conducting onboarding AML/KYC checks and reviews for our client and on behalf of their clients, in line with appropriate rules and regulations

· Conducting Enhanced Due Diligence, where required, ensuring regulatory and internal standards are met

· Implementing the firm’s risk assessments for AML and FC

· Assisting with client queries relating to AML and FC

2. ML Compliance Assistant responsibility – company compliance

· Maintaining internal compliance policies, procedures, manuals, and registers relating to AML and FC

· Implementing compliance monitoring programme and risk assessments for AML and FC

· Assessing the profiles of new and existing clients in accordance with the firm’s risk requirements

· Maintaining up-to-date client files, performing periodic reviews of AML files, following up for outstanding documents and ongoing monitoring on completed AML files

· Monitoring areas of the business and upcoming legislation and regulation, to ensure company compliance

· Identifying suspicious activity, and raising in accordance with the firm’s policy and procedures

· Assisting with business queries relating to AML and FC

· Contributing to the preparation of internal reports and managemen

AML Compliance Assistant responsibility – awareness, research & understanding

· Keeping up to date with relevant changes in regulation and business processes, maintaining knowledge of relevant rules, guidance and industry best practices

· Monitoring and identifying regulatory changes and new regulatory requirements that impact the company and clients, across a range of regulators (FCA, ICO)

CRITICAL SUCCESS FACTORS

These are the job activities that are critical for the effective performance of the job e.g. personal attributes such as attention to detail or delivery of certain KPIs / cost-management. Please list the most critical job elements required to meet the job purpose and rank these job elements in order of their importance. Give examples of behaviour where applicable.

Critical Personal Attributes

· Demonstrate the Company’s core values: Can-do, Positive, Excellence, Integrity, Accountable

· Self-motivated

· Proactive

· Mindset for continuous improvement

· Sense of urgency, high energy and drive

· Team player

Critical Job Elements

· Contributor to team working

· Strong engagement with the team

· Attention to the importance of detail

· Ability to work to deadlines and work under pressure

· Excellent organisational skills, ability to manage multiple priorities of role and strong communication with clients and senior management

· Clear, concise and appropriate communication

· Ability to learn systems and technology

· Eagerness to develop with the Company

PERSONAL PROFILE

Indicate essential or desirable knowledge, education, experience and skills

Experience:

At least 1-3 years’ experience in AML / Financial Crime role/s within investment firm/s or equivalent

Have solid AML / Financial Crime knowledge and experience gained in either an Asset Manager or Private equity firm

An understanding of AML / Financial Crime issues and regulatory requirements within financial services

Education:

Educated to Degree level.

Proficiency in MS Office software, i.e. Word, Outlook, PowerPoint, Excel etc.

Skills / Aptitude:

Strong team working skills and outlook.

Track record of innovation, continuous improvement.

Able to manage workloads to deadlines effectively

OTHER

Indicate any other information helpful to someone trying to understand the nature, scope and purpose of this job. Include if it is known that there are seasonal peaks in workload and any requirement to travel.

Ability to work flexibly, in the office and remotely, is essential.

With business growth it is anticipated that new office locations will be established at which point travel to other customer and office locations are likely to be necessary.

GENERAL

· Employees must demonstrate consistent behaviours in line with the Company’s core values.

· This job description is not designed to be a complete and exhaustive list of all required duties/tasks.

· All employees are expected to carry out any reasonable request from management to support business needs.

· The jobholder is expected to follow relevant policies, procedures, handbooks and work instructions (including for the Company’s Security, Health and Safety, and Environmental management systems), and report to the appropriate manager if objectives cannot be met, or a problem occurs.

· In line with the Company’s Business Continuity Plan policies and practices, the Company reserves its right to require employees to undertake any necessary business critical duties to ensure business continuity during emergency situations.

· Role Descriptions are subject to change from time to time. If a description is changed an updated version will be provided in writing to the employee.

Job Types: Full-time, Permanent

Salary: £30,000.00-£35,000.00 per year

Schedule:

• Day shift
• Monday to Friday

Ability to commute/relocate:

• Milton Keynes: reliably commute or plan to relocate before starting work (required)

Education:

• Bachelor's (preferred)

Experience:

• AML: 3 years (required)

Language:

• English (required)

Licence/Certification:

• References (required)

Work authorisation:

• United Kingdom (required)

Work Location: One location