Assistant Compliance Officer – Guernsey

Role summary

We are seeking a dedicated and detail-oriented Assistant Compliance Officer to join our Compliance team in Guernsey. The successful candidate will assist with compliance duties which will ensure that legal, regulatory and corporate governance standards are met. Responsible for providing all aspects of compliance support in relation to the compliance function within Altum with primary responsibilities for the funds service business.

Key responsibilities

• Reviewing the KYC for new clients performing relevant searches and the preparation of client risk assessments for passing to the Senior Compliance Manager for review and sign off
• Assist the Senior Compliance Manager with maintaining the client database,
• Monitoring of relevant websites for updates and relevant material,
• Assist in monitoring and reviewing client documentation to ensure compliance with regulatory standards.
• Maintain up-to-date knowledge of regulatory changes and ensure timely updates to company policies and procedures.
• Acting as the first point of contact for Client Teams and Directors with any Compliance/AML queries or concerns and advising the MLCO of any issues arising.
• Reviewing Alerts that are received on monitored individuals and advising the Senior Compliance Manager of any adverse findings.
• Preparing draft correspondence as required.
• Gathering information as requested by the MLCO to assist with the preparation of the Compliance reports for the Altum Board or client entities.
• Assisting with the drafting of new and updating of procedures as required and liaising with the MLCO regarding these.
• Collating P&Ps and other documents for external directors. and
• Taking control of internal projects, ensuring the MLCO is kept apprised of the progress.
• Conducting reviews in respect of the compliance monitoring programme with the oversight and assistance of the MLCO.
• Signing off on internal checklists where appropriate.
• Assisting with preparing and delivering of compliance training for all staff.
• Assisting the Senior Compliance Manager where required with the development of the Compliance function and other ad hoc projects.

​Skills, Knowledge, and Experience

• Professional qualifications and sufficient experience.
• Experience in the offshore funds/trust industry.
• A positive “can do”, solution-based approach to dealing with regulatory and AML/CFT/CPF monitoring practices.
• A strong business ethic with a focus on quality, establishing, maintaining, and encouraging high standards in all activities.
• Knowledge of regulatory and AML/CFT/CPF issues.
• An appreciation of current best operational compliance practices.
• Excellent interpersonal skills and the ability to communicate effectively in all forms to different levels staff and to foster a collaborative working environment.
• A strong team player who can contribute as part of the overall management team.