L3 Compliance/Risk Officer Apprentice (Sciopay Ltd)

Summary

As a Compliance/Risk Officer, you will help manage the day-to-day running of the Transaction Monitoring and End-Customer Onboarding systems, ensuring that compliance risks are adequately identified, assessed monitored, controlled, and reported as required.

Annual wage: £21,000 a year
Minimum wage rates (opens in new tab)
Training course: Compliance and risk officer (level 3)
Hours: This role will require the candidate to commit to 08:30 - 17.00 shifts on a weekly basis.
37 hours 30 minutes a week
Possible start date: Monday 10 February
Duration: 1 year 3 months
Positions available: 2

Work

As an apprentice, you’ll work at a company and get hands-on experience. You’ll gain new skills and work alongside experienced staff.

What you’ll do at work

Conduct a review of customers' applications at the point of onboarding
Carry out enhanced customer due diligence (ECDD) and know-your-customer (KYC) on new customers
Conduct sanction/PEP screening and investigate potential hits.
Conduct monitoring of existing applications to ensure that documentation is up to date
Support data-protection compliance
Complete Compliance administration (record training, keeping customers records up to date) as required
Analyse payment and compliance data to identify trends and patterns
Review the effectiveness of current monitoring rules and settings and provide feedback on ways to optimise
Continuously review current processes and suggest improvements to the process as well as systems used
Work cross-departmental to proactively identify and resolve operational compliance queries
Undertake assigned compliance project work
Identification and reporting of suspicious activity to relevant global financial intelligence units
Proactively escalate urgent cases to the MLRO/DMLRO for further review
Keep up to date with current and future regulatory changes that affect the business and use this knowledge to proactively suggest improvements to compliance policies and procedures

Where you’ll work

131 Finsbury Pavement

London

EC2A 1NT

Training

An apprenticeship includes regular training with a college or other training organisation. At least 20% of your working hours will be spent training or studying.

College or training organisation

BPP PROFESSIONAL EDUCATION LIMITED

Your training course

Compliance and risk officer (level 3)

Equal to A level

Course contents

Implement legal and regulatory framework requirements.
Deliver risk and compliance services to stakeholders using organisational systems and processes.
Plan and organise workloads to meet individual and team performance targets.
Identify ways to reduce and mitigate incidents of non-compliance.
Escalate compliance and risk issues where appropriate in line with organisational procedures.
Manage records in order to meet audit requirements of the organisation.
Produce evidence-based reports and management information for stakeholders considering visualisation techniques when presenting data.
Select and use communication methods applicable to the audience and circumstances, for example, presentations, phone, face to face, email, virtual meetings.
Communicate about products with customers, colleagues or stakeholders in different styles, for example visually, verbally, written, using e-comms.
Build and maintain working relationships.
Identify own training needs and seek feedback to improve performance and service delivered.
Apply continuous improvement techniques when delivering improved compliance outcomes and mitigating risks.
Record information electronically and make use of available technology, for example Management Information Systems (MIS), spreadsheets, presentation software, word processing, email, virtual communication.
Handle data safely and securely and share information in compliance with data protection legislation and organisational policy.
Implement legal and regulatory framework requirements.
Deliver risk and compliance services to stakeholders using organisational systems and processes.
Plan and organise workloads to meet individual and team performance targets.
Identify ways to reduce and mitigate incidents of non-compliance.
Escalate compliance and risk issues where appropriate in line with organisational procedures.
Manage records in order to meet audit requirements of the organisation.
Produce evidence-based reports and management information for stakeholders considering visualisation techniques when presenting data.
Select and use communication methods applicable to the audience and circumstances, for example, presentations, phone, face to face, email, virtual meetings.
Communicate about products with customers, colleagues or stakeholders in different styles, for example visually, verbally, written, using e-comms.
Build and maintain working relationships.
Identify own training needs and seek feedback to improve performance and service delivered.
Apply continuous improvement techniques when delivering improved compliance outcomes and mitigating risks.
Record information electronically and make use of available technology, for example Management Information Systems (MIS), spreadsheets, presentation software, word processing, email, virtual communication.
Handle data safely and securely and share information in compliance with data protection legislation and organisational policy.

Your training plan

This training plan has not been finalised. Check with this employer if you’ll need to travel to a college or training location for this apprenticeship.

More training information

As a Compliance/ Risk Officer Apprentice you will undertake the Compliance/ Risk Officer Level 3 Advanced Apprenticeship. Completion of the apprenticeship will result in the awarding of the ICA Certificate in Anti-Money Laundering, Compliance, or Financial Crime Prevention.

Requirements

Essential qualifications

GCSE in:

5 GCSE's including English and Maths (grade (A*-C/9-4 or equivalent))

Let the company know about other relevant qualifications and industry experience you have. They can adjust the apprenticeship to reflect what you already know.

Skills

Organisation skills
Team working
Microsoft Word & Excel
Willingness to learn
Ability to work independently
Ensure daily targets are met
An accountable worker
Ability to reprioritise
Ability to multitask
Articulate
Numerate
Hard working

Other requirements

Please ensure that you apply for the position as soon as possible to avoid disappointment. The closing date is a rough guideline as to when an advert will close. The advert may close before the given closing date if the employer has filled the position(s). BPP have a dedicated team who support students with disabilities, learning difficulties, health conditions and wellbeing. Please contact us if you have any queries or would like more details.

About this company

Sciopay are rebuilding the access to cross border payments. We have created the infrastructure for any entity to offer an alternative international payment solution to the traditional players in the sector, but we know that the success of our business depends on the people who keep it moving, which is why we are looking for exceptional talent to join our international payments journey.

After this apprenticeship

The candidate will be joining a small team so we will be expecting them to be taking a leading role within the compliance department by the end of the apprenticeship. This will potentially include managing a team and having a voice on how the future of our compliance department operates.

Ask a question

The contact for this apprenticeship is:

BPP PROFESSIONAL EDUCATION LIMITED

Sean Hove

Sean.Hove@estio.co.uk

0113 3500 333

The reference code for this apprenticeship is VAC1000292268.

Apply now

Closes in 16 days (Friday 31 January at 11:59pm)

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