Senior Compliance Associate

Senior Associate, Compliance Monitoring & Testing

Duration - 6 months

Inside IR35 - PAYE

We are recruiting a Senior Associate for our client's Compliance Monitoring and Testing Team who are an independent oversight function that is responsible for the planning and execution of testing and monitoring activities to assess whether the processes and controls supporting the compliance framework are designed and operating effectively. They collaborate with other departments and business functions in the execution of its mandate.

Within this role you will be responsible for supporting the Compliance Monitoring and Testing management team in the execution of the program.

Duties:

• Perform risk-based Compliance Monitoring and Testing reviews that cover regulatory obligations for AML/CFT and Sanctions and/or non-AML/CFT and Sanctions (e.g., consumer protections, fair and safe trading, systems and controls) compliance.
• Follow established Policy and Procedures in the CMT life cycle of planning, execution, reporting, and findings remediation, and provide escalation as needed.
• Provide information for the reports on results of CMT reviews and work with stakeholders in root cause analysis and remediation plans.
• Maintain and update (as needed) findings and remediation-related information and documentation in a central repository.
• Track and validate the implementation of remediation plans submitted by finding owners to verify that findings identified during testing and monitoring are remediated.
• Participate in training and/or awareness materials (as needed) regarding the CMT Program.
• Stay current on regulatory development and industry events to identify trends and emerging risks impacting business products and the CMT Program.
• Continuously add value through effective project management and efficient execution.
• Conduct other duties as assigned.

 Skills Required:

• 4+ years of experience in executing Internal Audit and/or CMT program, testing plan, and activities across a diverse range of financial services/products
• Working knowledge of compliance related laws, regulations, risk management practices for financial services/products
• Knowledge and experience in auditing/testing compliance with the Markets in Crypto-Assets Regulation
• Track record of delivering work outcome to budget and meet quality standard
• Advanced written/verbal communication, critical thinking and problem-solving skills
• Flexibility to work extended hours to meet deadlines, when necessary
• Proficient in Word/Google Doc, PowerPoint/Google Slides and Excel/Google Sheets
• A BA/BS degree in business, finance, and other related fields

Nice to haves:

• Experience in using data extraction and analysis (e.g. SQL, Tableau, SAS, Snowflake)
• Experience in monitoring and testing third-party vendors 
• Experience with and/or keen interest in cryptocurrency
• Experience with or previous exposure to financial services regulators
• Professional certifications (e.g. CRCM, CAMS, CIA, CISA, and CICA)