Role: Compliance Analyst
Location: Office based role in Marble Arch, London
The Legal & Compliance Department is part of Central Services located in Prax Headquarters in London. As the Compliance Assistant for the Prax group, you will be reporting to the Group Ethics & Compliance Officer as part of the Legal and Compliance Department. Also, you will be assisting with performing customer due diligence checks on a wide range of businesses in the UK and internationally.
Duties to include but not limited to:
- Anti-Money Laundering – assisting with implementing and conducting Know Your Customer (KYC) process at Prax, and assisting with requests for KYC about the group
- Provide compliance support via close proximity to the dynamic and fast moving IS&T, Risk & Corporate Finance teams.
- Performing due diligence checks on new and existing counterparties to identify risks and ensure compliance with applicable laws and regulations.
- Provide on-site compliance support to the centrally located wider Group Legal team.
- Maintain accurate records of compliance activities, including counterparties documentation and compliance reports, to ensure audit readiness.
- Compliance policies – assisting with creating, implementing, and keeping up to date a group Code of Conduct and compliance polices
- Raising concerns – Assisting with managing the raising concerns hotline, Gifts and Entertainment and conflicts of interest registers
- Compliance training – assisting with set up and implement the online training program for the whole Prax group
- Keeping up-to-date all compliance registers
- Data Protection - assisting with all GDPR related matters
- Other ad-hoc compliance related duties
Qualifications, character and experience:
- 2 years of experience with AML compliance
- Ability to meet demanding deadlines, often with competing priorities, and adapts to business needs
- Interest in process improvement and implementation of change
- Advanced MS Office skills
- Oil industry experience would be an advantage
- Excellent time management/organisational and multi-tasking skills
- Possess strong analytical skills
- Strong communication skills
- Flexible and adaptable in approach
- 5 days a week in the office
What we offer:
- 25 days annual holiday entitlement
- Gym membership allowance
- Income protection
- A health cash plan
- Life assurance cover
- Critical illness cover
- Optional private medical insurance cover
- Pension