Job Description

Company Overview:

We are a well-established payment institution based in the UK, dedicated to providing our clients with efficient, convenient, and secure payment solutions. We are currently seeking an experienced Compliance Officer to join our compliance team, primarily focusing on KYC reviews, periodic reviews, and AML monitoring.

As a Compliance Officer, you will be responsible for reviewing new onboarding applications and managing Periodic KYC cycle, as well as monitoring AML (Anti-Money Laundering) activities, ensuring that our clients and business operations comply with relevant regulations and policies. You will collaborate closely with clients and other departments to maintain high standards of regulatory compliance within the company.

Key Responsibilities:

Review KYC files for new and existing clients, including identity verification, risk assessment, and document collection Perform periodic reviews of existing clients to ensure accurate and up-to-date information Monitor and identify suspicious activities, report to senior compliance personnel, and assist in investigations and resolutions Participate product compliance design and development process, in line with regulatory requirements Perform Transaction Laundering Investigations as received by card schemes & vendors Perform regular sanctions screening to all existing clients Assist in Monthly Management Information (MI) for reporting financial crime activities to the board of directors Keep up-to-date with industry compliance regulations and ensure that the company's operations are in line with relevant requirements Collaborate with other departments to promote a compliance culture and raise employee awareness of compliance matters
Requirements:

Bachelor's degree or above in Law, Finance, Economics, or a related field 2-3 years of demonstrable experience in the financial industry or compliance, with a focus on KYC reviews and AML monitoring Industry recognised qualifications (e.g. CAMS/ ICA) preferred Familiarity with UK and international AML and counter-terrorism financing regulations, as well as payment industry regulations and policies Excellent communication and coordination skills, able to work efficiently in a cross-departmental environment Strong analytical and problem-solving abilities, with independent thinking and judgment Detail-oriented, responsible, and able to execute tasks with a strong sense of teamwork Proficient in both English and Chinese, capable of reading and understanding related regulations, policies, and industry updates in both languages
Job Type: Full-time

Pay: 40,000.00-50,000.00 per year

Benefits:

Company pension Work from home
Application question(s):

What is your salary expectation?
Experience:

financial industry or compliance: 3 years (required)
Language:

Mandarin (required)
Work authorisation:

United Kingdom (required)
Work Location: Hybrid remote in London EC3A 7BA