Compliance Analyst (Client Monitoring)

We are now looking for Compliance Analyst – Client Monitoring to join the Compliance Team, based in our Hereford Head Office.

Your new role:

You will join a professional and dedicated team, who pride themselves on ensuring that the business remains compliant to all regulatory, statutory and industry standards.

Reporting to Head of Compliance, as Compliance Analyst (Client Monitoring) you will be responsible for administration and monitoring of allpay’s client facing regulated activities, including reviewing and evaluating compliance issues/concerns.

As part of the wider Compliance function, Compliance Analyst (Client Monitoring) role supports the Board of Directors, management, and employees to achieve and maintain compliance with the rules and regulations of regulatory bodies, ensure that company policies and procedures are being followed and develop a culture within allpay that meets industry and company required standards of conduct.

Some of your other key responsibilities will include:

• Provide effective client and customer monitoring function, prior to on-boarding and throughout our contract period to ensure key risks are identified, mitigated, managed, and monitored.
• Using our Risk Assessment Framework, review the client profile against the product requested in the Programme Overview and identify potential areas of compliance vulnerability and risk in relation to ongoing client activity (particularly Know Your Customer (KYC) processes).
• Conduct regular Client Monitoring On-site Visits to confirm compliance with regulatory requirements and produce reports to highlight conformance and non-conformance and provide an effective remediation plan.
• Maintain, implement, and revise policies and procedures for the general operation of the compliance program and its related activities to prevent illegal, unethical, or improper conduct.
• To support Compliance functions in maintaining, managing, and reviewing systems and controls to ensure compliance with all legislation and guidance including the Proceeds of Crime Act, Terrorism Act and Money Laundering Regulations (including the Politically Exposed Persons and Sanctions requirements).

Could this be the ideal role for you?

• As our ideal candidate, above all, you will act with integrity.
• You will be curious enough to constantly look for ways in how the processes can be improved.
• You will work collaboratively, and communicate well to build effective business relationships both, company-wide, and with external organisations and stakeholders.
• You will be an efficient user of Microsoft Office products, including Excel, Word, and Outlook. In addition, an ability to quickly learn and use in-house computer software will be essential.
• You will take pride in your work and that of your colleagues, and always act in a respectful, friendly, and courteous manner.
• In addition, your evidenced report writing skills, and a working knowledge of legal & regulatory compliance, in particular financial regulations will be an advantage.

If you feel you have the skills and drive to excel as our Compliance Analyst – Client Monitoring role, we would love to hear from you.

People are at the heart of allpay and we reward our employee with a competitive benefits package which includes, a defined contribution group pension scheme, income protection, life assurance, an array of health and wellbeing options including private healthcare cover and an onsite gym. This is coupled with our excellent Learning and Development offering.

We are a company committed to Equal Opportunities.

All roles at allpay Limited are subject to successful background checks including a DBS and Credit Check.