AML Auditor, Edinburgh, £35-40,000 DOE + benefits
Rutherford Cross
Published
April 18, 2018
Job Type
Region
Scotland & UK
Sector
Industry and Commerce
Specialism
Audit and Assurance

Description

An exciting opportunity has arisen to join a growing company based in Edinburgh. This is a newly created position for an AML Auditor to join the team. You will play a fundamental role leading risk-based reviews (including onsite and thematic) across Trust & Company Service Provision undertaken by the business to ensure compliance with the AML and Financial Crime Regulations.

Key Responsibilities:

  • Develop, maintain and improve knowledge of Trust & Company service work delivered by the business to enable effective and knowledgeable AML supervision to be delivered
  • Develop/maintain/improve in conjunction with the Head of Anti-Money Laundering & Director of Financial Compliance a best practice approach to the risk based supervision of Trust & Company Service Providers (TCSPs)
  • Review and assess information from the AML Certification process along with other sources of information to arrive at a risk based TCSP supervisory programme information into the overall AML risk analysis process to ensure that the overall assessment of AML risk accurately reflects risk in the TCSP field
  • Deliver risk based TCSP supervisory work in accordance with the above approach and programme
  • Prepare reports on the results of TCSP compliance reviews at individual practice units and summary reports on compliance levels within the profession. Prepare reports arising from desk top and thematic exercises.
  • Make recommendations for improvement action following TCSP inspections and desk-top reviews, including recommendations for disciplinary action
  • Work with clients to improve compliance levels where opportunities for improved compliance are highlighted by TCSP supervisory work
  • Take part in post Client Protection Sub-Committee processes (further investigations, complaint processes etc. as required)
  • Gather and record all information for completion of effective suspicious activity reports and draft suspicious activity report text for review by Head of AML and MLRO
  • Deliver TCSP awareness raising and educational activities
  • Participate in any other AML Supervisory activities as directed by line manager and Director of Financial Compliance

Skills/Experience:

  • Knowledge of the TCSP subject is essential – you will likely have worked within the Legal or Accounting profession, additionally you may have gained experience working for HMRC or a trust and despoitary service or Companies House.
  • Extensive knowledge of Trust & Company Service provision, activity and practice within the professional services sector, including working knowledge of relevant documentation
  • Financial Crime, AML, ICA, ACAMs qualifications (desirable but not essential)
  • A high level of attention to detail and analytical in nature
  • Continuous improvement and learning
  • Effective problem solver

It is likely that you will have come from either an accounting/legal background, whilst you may not have direct exposure to AML/Financial Crime – you will have a passion for leaning and a keen interest in sector. Full training will be given and this organisation actively support further study.

Benefits include flexible working – core hours between 10-12 and 2-4 and additional days holiday for overtime worked each month.

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