Compliance Officer at Karios Markets

Job Summary

• Develop and document AML/KYC policies and procedures
• Conduct audits and reviews to ensure execution of compliance standards, and regularly produce detailed reports with recommendations based on findings during audits.
• Communicate with clients and address any concerns they have about ethical or other compliance matters within a department or division
• Proactively research to find root cause of compliance issues
• Design, develop and deliver training of updated AML/KYC regulations to make sure employees are aware of updated rules and regulations
• Conduct interviews, gather details and asks questions to make sure employees make every effort to stay compliant across company
• Keep up to date with and understand relevant laws and regulations
• Monitor the impact of any new regulatory developments in the company and make recommendations for any necessary changes.
• Examine and improve audit processes to prevent compliance issues or resolve them in a timely manner
• Assist with the timely preparation and submission of reports and other filings by the company to relevant regulatory authorities and bodies
• Investigate irregularities and non-compliance issues in the company and advise accordingly for swift action
• Review marketing materials, presentations, and website of the company to ensure compliance with regulatory requirements
• Assist the compliance team in providing regulatory, compliance, and AML/financial crime updates and report to senior management of the company, both periodically and on a one-off basis.
• Practical experience particularly in bank notes and electronic payment services - MSB/SPI/API market space 
• Knowledge and understanding of FCA, HMRC, ICO, NCA– visibility of MLR 2017, PSR 2017, POCA 2002, TA 2008, Financial Crime, Bribery Act, customer onboarding protocols, sanctions/PEP’s, Data Privacy Laws/GDPR 2018, risk assessment (risk profiling), Whole Firm Risk, linked transactions, transactional threshold, risk mitigation/resilience, false positive hits & ruling out, simplified DD and EDD, ultimate beneficiaries owners (UBO), onsite/off-site client audits/DD, constant follow up and meticulously updating customer records, staff training awareness, transactional/on-going monitoring, third-party & customer payments.
• Contribute to the continued development, preparation, and maintenance of the compliance and financial crime policies and procedures.
• Client fund safeguarding practices.

Requirements

• Bachelor’s degree in Accounting or Business Management or related area.
• Advanced degree preferred
• Professional certification in Accounting, Internal Audit, and Fraud Examination 
• 3 -6 years + of experience in compliance, risk management or audit required. . 
• Excellent planning, management, and organizational skills. 
• Proven leadership and interpersonal skills. 
• Professional proficiency in English required 
• Perspective, Dealing with ambiguity, Organizational Agility, Political Savvy and Strategic Agility 
• Functional/Technical skills, Client Focus, Managing through systems, Managing and Measuring work, Negotiating, Information Sharing, Process Management, Priority Setting, Problem Solving and Timely Decision Making 
• Ethics and Values, Integrity and Trust, Listening, Written Communication 
• Adaptability, Communication, Problem Solving, Creativity and Innovation, Quality, Quality and Timeliness of Work, Quality of work and Team Relationships, Resource Utilization