Compliance and Financial Crime Officer

Compliance and Financial Crime Officer

Stafford/Hybrid

Up to £35k

Our client, a respected Mutual organisation based in Stafford, Central Midlands, is seeking a Compliance & Financial Crime Officer. This role is essential in providing 2nd Line assurance against money laundering, fraud, bribery, and other financial crimes while fostering a robust compliance culture within the Society.

The successful candidate will contribute to the Compliance Monitoring Plan and support the development of policies and procedures to ensure adherence to the FCA Handbook and relevant regulations. If you possess experience in compliance or Money Laundering and are passionate about enhancing safety and compliance within the financial sector, we would like to hear from you.

• Provide 2nd Line assurance against money laundering, fraud, bribery, and other financial crimes.
• Conduct compliance reviews in line with the Compliance Monitoring Plan and ensure adherence to necessary controls.
• Support policy and procedure development to comply with FCA regulations, including PRIN, MCOB, BCOBS, DISP, and PERG.
• Collaborate with the MLRO to ensure compliance with Anti Money Laundering (AML) requirements.
• Conduct Customer Due Diligence (CDD), Know Your Customer (KYC), and Enhanced Due Diligence (EDD) reviews according to Society policy.
• Record, monitor, and report on all activities related to Financial Crime, including AML/CTF and Fraud.
• Operate under the Compliance Monitoring Methodology and complete Compliance Monitoring reports.
• Compile reports and agree timely and effective actions to manage risk under the Risk Management Framework.

The successful candidate will possess:

• Proven experience in a compliance or financial crime role within financial services.
• Strong knowledge of FCA regulations, AML, KYC, and fraud prevention frameworks.
• Ability to interpret and implement regulatory information or changes in line with Society operations.
• Strong analytical skills to assess financial crime risks and identify patterns of suspicious activity.
• Excellent report-writing skills with the ability to produce clear and concise compliance reports.

Our client offers a hybrid approach to the working week, with 3 days at their head office and 2 working remotely.

This role offers a competitive salary of up to £35,000, along with a comprehensive benefits package including a 9% employer contribution to the pension scheme, income protection insurance, death in service cover, and private medical insurance. Additionally, you will be entitled to 25 days of holiday per year, which increases with service, plus an additional day's holiday if your birthday