Job Summary:

The AML & Compliance Officer is responsible for supporting the company’s compliance framework, conducting risk assessments, monitoring transactions, and assisting with the implementation of internal policies and procedures. The role includes due diligence, regulatory reporting, and employee training to maintain strong compliance standards.

The successful candidate will be expected to develop strong working knowledge of FCA, HMRC, and UK regulatory requirements, with support provided.

Fluency in both Armenian and English is required.

Key Responsibilities:

• Oversee the company’s AML processes and review flagged transactions.
• Investigate and report Suspicious Activity Reports (SARs) to the MLRO.
• Assist in performing risk assessments across the firm.
• Monitor high-value transactions and currency exchange activities for compliance with HMRC regulations.
• Assist in preparing FCA RegData returns and regulatory surveys.
• Support the MLRO in quarterly and annual AML reports to senior management.
• Maintain HMRC compliance for currency exchange and high-value dealing operations.
• Respond to internal compliance queries and provide regulatory guidance to employees.
• Help deliver AML and compliance training for employees across branches as required.
• Help in issuing internal circulars to update staff on compliance changes and policies.
• Assist in conducting disciplinary investigations related to compliance breaches.
• Conduct partner due diligence and assist in onboarding new business relationships.
• Manage customer complaints and regulatory inquiries.
• Ensure company policies and procedures align with FCA and other applicable regulatory requirements.

Requirements:

• Experience in AML, compliance, and regulatory reporting within financial services.
• Ability to conduct CDD, EDD, and risk-based assessments.
• Strong analytical skills for compliance monitoring and due diligence.
• Excellent communication and training skills.
• Relevant qualifications such as ICA Certificate/CAMS are an advantage.