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.

Expected Skills / experience

• Professional qualifications and sufficient experience. Interest in pursuing a relevant professional qualification (e.g., ICSA Certificate level or equivalent).
• Previous experience in fund administration or financial services is advantageous but not essential.
• Strong attention to detail and ability to meet tight deadlines.
• Excellent communication skills, both written and verbal.
• Proficiency in Microsoft Office Suite, particularly Excel and Word.
• Ability to work independently and as part of a team in a fast-paced environment.
• A proactive and self-motivated approach to work.