Anti-Money Laundering Officer

JOIN AN AWARD-WINNING TEAM AND DIVERSIFY YOUR ANTI-MONEY LAUNDERING SKILLS

Elemental is one of the fastest growing corporate services providers in the UK. We have twice been named the industry’s best service provider and we are the number 1 UK Regulated Agent, by market share. We have an opportunity to join our Economic Crime and Compliance team. This is a permanent role, remote-working role for an experienced Anti-Money Laundering officer with a commercial outlook and a desire to work as part of a successful team. As well as a market leader we are recognised as a Top 100 purpose-driven Employer. We encourage a healthy work-life balance and you’ll enjoy our flexible approach, free from the daily commute.

About Elemental

Elemental was established in 2011 to offer specialist corporate services. We addressed a gap in the UK market for a provider who could bring together select functions of large professional services firms and deliver them in a more efficient and personalised way.

Today, Elemental is a multi-award-winning boutique professional services firm. The Chartered Governance Institute named us Service Provider of the Year in 2021 and 2022, we are the only firm to have won twice. We carry out premium work not often expected from of a firm of our size and you will get exposure to clients and their boards that you would not typically see elsewhere.

Today, we are a leading UK specialist of integrated legal, corporate secretarial, governance, accounting and tax advisory services. We work for US Law firms, Magic Circle Law firms and Top Tier City Law firms, as well as their clients, listed organisations and private companies.

About the Role

You'll be working as an Associate, in the Economic Crime and Compliance team, primarily focused on our Register of Overseas Entities service and KYC gathering for the company.

Key Duties and Responsibilities

• Verifying and registering overseas entities with Companies House
• Completing checks on Elemental’s clients, overseas companies and individuals
• Manage pipelines of clients and active engagement to complete pipelines.
• To operate in line with the established work policies and procedures.
• Liaise and follow-up with clients for the work process, attend to enquiries and queries and collection of necessary documentation to submit applications.
• Be able to complete and review the application on the registrar of companies platform, perform follow-ups and to attend queries.
• Comply with and observe all Anti-Money Laundering policies and procedures stated in Elemental’s compliance documents.
• Ensure that business is conducted in compliance with relevant laws, rules, and regulations.
• Liaise with support and accounting department for issuance of invoice and follow up with client to ensure for timely settlement.
• Timely update of pipelines and active deals and reporting to Management team.
• Ensuring active engagement with internal and external stakeholders and ensure an excellent client experience.
• Discuss and escalate challenges with the Management team.
•  Ensure compliance with internal systems, procedures and processes.
• Assist with enhancing quality of knowledge base and service delivery.
• Assist with marketing and business intelligence initiatives.

About You

You'll have the following attributes (although candidates meeting only some of the following criteria will be considered):

• Applicants should have at least a degree in a relevant field.
• At least 2 years of experience within a first line compliance role.
• Excellent understanding of regulatory compliance rules and their relevant guidelines from an operational perspective.
• Excellent understanding of the verification of international corporates, Trusts and individuals.
• Ability to deliver high quality work independently and under tight reporting deadlines.
• A high level of accuracy and attention to detail.
• Good analytical and problem-solving skills.
• Excellent written and verbal communication skills.
• Strong organisational, multi-tasking skills and commerciality skills.
• Proactive, motivated, team player and flexible
• Well-versed in Microsoft Office tools.

Training

Not only will “on the job” training be provided, but Elemental offers employees the opportunity to enhance their technical knowledge and experience by operating a learning and development programme that promotes further studies.

Remuneration

Your salary will be commensurate with experience and qualifications within the range of £20,000 - £40,000 per annum.