Senior Compliance Audit Officer (Fig)

Moneycorp is a thriving dynamic business with an excellent reputation helping Corporate and Private Clients with their FX and International Payments requirements for over 40 years. As a globally expanding business, our footprint covers UK & Ireland, Europe, USA, Canada, Hong Kong, UAE, and Brazil!

With our extremely rare single IBAN multi-currency account, we are able to assist with a variety of different payment needs, including business payment solutions, personal payments abroad (for example buying a property), travel money, as well as the ability to offer interest on deposits. Supplementing this, we also support the global supply chain of wholesale banknotes through our Financial Institutions Group (FIG) and partnership with the US Federal Reserve Bank, to build deeper payment relationships with international banking customers.

It is through obtaining our own banking and payment licenses, the acquisition of two banking platforms and access to 16+ liquidity providers that we are able to proposition a trailblazing FinTech payment infrastructure that simplifies our customer’s diverse business needs and reduce their costs. There is no doubt that we are a major player and differentiated ourselves in a continuously evolving and competitive industry.

With 500+ employees, Moneycorp prides itself in attracting some of the world’s top talent and the people who work at Moneycorp are truly behind its continued success. As Moneycorp continues to expand into new territories, there are considerable opportunities for growth for newcomers and the learning possibilities are endless. We welcome you to be part of a team which has a passion for the business, all within a collaborative and supportive working environment that has ultimately translated to a unique exciting business.

The MoneyCorp FIG Compliance Team is looking to strengthen its systems, processes and team knowledge to ensure we keep up with the rapid growth. To help improve the capability, we need a Senior Compliance Officer (FIG) on a 12 months fixed term contact.

To manage and assist with compliance on-boarding and on-going monitoring of Financial Institutions Group (FIG) clients.

Ensure customer compliance visits are completed locally and internationally, and desk reviews all completed in a timely manner.

What are the Key Activities of this role

• Follow the robust processes in place to review and authorise new customer accounts
• Conduct customer due diligence meetings, with occasional customer onsite visits in the UK and overseas as directed by management
• Compiling detailed customer control analysis reports for management dissemination
• Complete monitoring tasks as directed by senior management and support junior staff members.
• Complete sanctions, PEP and adverse media screening.
• Assist with escalations from first line
• Help to manage additional projects that the team undertake through the year
• Assist with any other ad hoc duties required

This is a fantastic opportunity for someone to take on a varied role within a progressive Compliance team, who is keen to get involved in multiple projects within an established growing international organisation.

Knowledge & Experience

• Strong knowledge of local and international AML rules, regulations and best practice.
• Keeps up to date with the market
• Able to work under pressure
• IT proficient
• Attention to detail
• French or Russian speaking would be beneficial

Please note: This is a full-time, fixed term position as part of the FIG Compliance team in London.

If the role sounds like you, we invite you to upload a copy of your CV and can do this by clicking on the Apply Now button.

Start date: ASAP

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Moneycorp is proud to be an Equal Opportunity employer. Across our Group, Moneycorp maintains a philosophy that an inclusive company culture inspires creativity, fosters a sense of belonging, and is imperative to both personal and professional growth. With a makeup of 47 percent female employees, Moneycorp has a remarkably diverse workforce. Our commitment to inclusion and opportunity continues to evolve and improve as we listen and engage with our diverse teams.

All qualified applicants will receive consideration for employment without regard to age, colour, family or medical care leave, gender identity or expression, genetic information, marital status, medical condition, national origin, political affiliation, status as an individual with a physical or mental disability status as an individual with a protected veteran status, race, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable laws, regulations and ordinances.

Moneycorp believes that diversity is critical to our success in helping Corporate and Private Clients with their FX and International Payments requirements across the world and is committed to creating an inclusive, mutually respectful environment which celebrates diversity. We hire on the basis of talent, merit, competence, performance, and business needs.