Compliance Analyst

Who we are

Monex Europe is a specialist in commercial foreign exchange. We offer a range of FX services aimed at corporate and institutional clients to manage foreign exchange exposure and international payments.

We work with our clients to execute considered FX strategies. Combining a personal and proactive service, our currency specialists will help you choose the right option for your specific business needs.

Monex Europe Limited is part of the wider financial services group, Monex S.A.P.I. de C.V. (“Monex”), a global investment-grade financial services institution. The group services more than 66,000 clients worldwide. Monex’s team of experienced and professional FX specialists provide local support to corporate and institutional clients in each region of the world.

Headquartered in London (UK) Monex Europe Limited is an independent subsidiary of Monex Europe Holdings Limited. Monex Europe Holdings Limited operates various subsidiaries in the FX industry, comprising of Monex Europe Limited, Monex Europe Markets Limited, Monex Europe S.A., Monex Canada Inc., MonFX Pte Ltd.; with offices in the UK, Spain, the Netherlands, Luxembourg, Toronto and Singapore.

Our focus is on helping our clients make better informed trading decisions and stay on top of fast moving, volatile markets. Our FX analysts provide clients with daily FX updates, regular macroeconomic reports and in-depth actionable insights for G10 and Emerging Markets.

Job overview

As Compliance Analyst, you will maintain legal and regulatory compliance by researching and communicating requirements. You will stay up-to-date on AML regulations, resolve concerns, and obtain necessary approvals. Your responsibilities include performing AML/Due diligence checks on clients using a risk scoring matrix to identify and mitigate high-risk factors. Additionally, you will collect, analyse, and summarise information to prepare informative reports.

Key Responsibilities & Accountabilities:

Financial Crime / AML Globally

• Senior Compliance Analyst for all Financial crime and AML related matters for the Monex Group Offices;

• Support the Deputy Head of Compliance in all areas of Financial crime and AML;

• Assist the junior members of the Financial Crime, where required

• To liaise with front office staff where applicable, to encourage an understanding of client risk;

• Investigate all positive alerts incl. PEP, sanctions and adverse media

• Advise on high risk accounts incl. money service businesses and make a decision whether to escalate to the EDD team;

• Identifying potential conflicts issues and escalating them to line manager;

• Dealing with the Firm's higher risk CDD issues, particularly in relation to companies and trusts;

• Dealing with CDD requirements for our overseas offices, including Madrid, Amsterdam, Canada and Singapore;

• Carrying out risk assessments at client inception and when CDD records are updated. This includes screening of legal entities, controllers, UBOs to identify any positive PEP/Sanction/adverse media matches;

• Carrying out research on the source of wealth and funds of new clients;

• Produce detailed reports with recommendations based on these findings;

• Contribute to the continuing development, preparation and maintenance of the compliance and financial crime policies and procedures;

• Respond to compliance questions and requests from other departments;

• Authorising third party payments relationships and incoming funds, when required

Compliance Culture

• Establish good working relationships with front office and all other departments so that Compliance is seen as an effective second line of defence providing a professional internal guidance and advisory service;

Compliance Training

• Assisting AML training to support staff and new joiners

• Ensure CPD/personal development is maintained

What we are looking for

• Wide financial crime exposure to global AML and FC;

• Experience of dealing with high risk accounts

• Previous experience of working within in a similar, regulated industry;

• Previous experience in managing complex AML/FC projects

• Demonstrated experience in managing AML/FC issues across jurisdictions and multiple legal entities

• Demonstrates professional acumen, integrity, discretion, credibility, resilience & trustworthiness;

• Able to support the team with integrity and create a work team environment;

• Self-motivated;

• Excellent all-round communication skills;

• Good organisational skills, able to multi-task;

• Must display exceptional attention to detail;

• Able to work on own initiative;

• Able to build positive and respectful relationships across the organisation.

What we offer

We offer a collaborative working environment that promotes staff development and continuous training to further develop skills and expertise. We also offer excellent staff benefits to improve your work life balance.

• Competitive salary + discretionary bonus;

• Private healthcare;

• Pension scheme;

• Free onsite state of the art Gym;

• A great working environment;

• The opportunity to develop your skills within a growing company.

Note: This is a fixed term contract of 1 year.