Compliance Officer

Job purpose:

Reporting to the Chief Operating Officer, you will primarily assist the Central Team and Heads of Department by implementing policies and procedures relevant to each area of business which are in line with regulatory and ethical standards, regardless of whether a relevant government or the company's executive management establish the standards. You will conduct and manage KYC reviews of client documents and files, evaluate risk ratings, conduct audits and make recommendations to minimise legal struggles and to avoid other difficulties due to non-compliance.

In conjunction with this, you will design and implement training and support programs to ensure colleagues across the business are aware of their responsibilities and what is required of them from a practical day-to-day perspective. At all times you will be required to provide pragmatic and professional advice and direct support to colleagues on these matters regardless of their role within the business.

Responsibilities:

• Perform risk assessments in the key business areas to understand the level, significance and scope of risk
• Keep up to date with, and understand, relevant laws and regulations
• Proactively support and monitor compliance with laws, regulations and internal policies
• Ensure that your findings are recorded and actively followed up with management so that issues can be rectified
• Educate employees on not only the regulations but also the impact to the organisation if these are not complied with
• Implement training based on the educational and commercial needs to enable employees to understand and comply with their obligations
• Investigate irregularities and non-compliance issues
• Report back to business functions on current risk and compliance performance
• Highlight or escalate areas of concern
• Contribute to robust and effective compliance controls within the business
• Assist in the gathering of internal information (including transaction and client information) and in response to regulatory requests
• Collaborate with other employees and all departments irrespective of location to create a culture of compliance

Personal attributes and qualifications:

The successful candidate should demonstrate the following qualities:

• Experience of working in a similar role particularly AML regulation and compliance
• Knowledge of banking sector requirements in the context of AML and source of funds information
• Experience in stakeholder management and working with colleagues and managers at all levels of the business
• Excellent communicator, able to breakdown information and provide context behind data to other employees across the wider business to successfully train and mentor colleagues on all areas of compliance
• Confident PC skills and a proven ability to use Microsoft Office products
• Excellent level of written and spoken English and numeracy
• Attention to detail and conscientiousness to record information accurately
• Capability to work independently and take initiative but to also be an excellent team player
• Be able to adjust manner to suit the audience or topic, displaying a professional, tactful and pragmatic approach throughout
• Excellent organisational skills
• The ability to travel internationally to attend other Burgess offices outside of London, as required
• A sense of humour

No prior knowledge of yachting is required. However, any understanding of this area or experience of dealing with high net worth individuals in a pressured commercial environment would be of benefit to any applicant.

*Only candidates with legal status to work in the UK can be considered.

Application:

Burgess is an equal opportunity employer, and will happily consider candidates from all backgrounds who are able to demonstrate the required personal and professional qualities for this role.