Essentials:
- Decree in Law or Accounting or strong educational background
- Good level of experience of working in Compliance in a regulated environment (preferably Dutch Trust Industry related)
- Good understanding of the Dutch Regulatory Framework (WTT2018, BTT, WWFT and Sanction Law)
- Good understanding of and experience with Transaction Monitoring in Wwft and WTT regulated environment
- Proficient in client structures eg corporates, trusts, foundations and the associated due diligence requirements
- An understanding of high risk features such as PEP's, sanctions, sensitive business activities, material jurisdictional connections
- Experienced in Microsoft Office.
- Knowledge of statutory filing requirements in relation to the specific client structure
- Relevant compliance qualifications
- Experience of Raemonda (CDD Solutions)
- Experience of Relian and/or RiskScreen
Job description
This list of duties is not exhaustive and may change from time to time according to business needs.
To comply with all internal policies and procedures
- Daily check of possible sanction and PEP-hits (Relian) and Dow Jones Factiva bad press "hits".
- Perform Compliance tests based on Compliance Monitoring Programme (CMP testing), identifying risk and recommending solutions
- Secretary of Local Business Acceptance Committee meetings (re) acceptance client entities
- Support the business in performing the in-depth Risk screening in Google, Dow Jones (Factiva) during onboarding and Periodic Review
- Monthly filing of all Teams Compliance Reportings on local Compliance drive (CRS, Progress Overview, Transaction Monitoring Overview)
- Handle Transaction Monitoring Alerts coming in from Business (Raemonda assignments)
- Advisory to the business in their day-to-day practice regarding Compliance issues
- Escalation point in relation to any potential screening matches or identified client risk
- Maintaining the content within Compliance Registers (eg Alerts overview, Incidents, Unusual Transactions)
- Assist with board reporting and similar management information and Group reportings
- Support regulatory/banking relations/auditors and similar visits or inspections
- Training colleagues I providing feedback and guidance, as relevant
- Attend Management meetings and meetings with Team Leads
- Document management - linking to Raemonda or filing as appropriate occasionally
Michael Bailey International is acting as an Employment Business in relation to this vacancy.
6
1/11/2024
JS-CR/117497
21/10/2024 13:48:06
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