Compliance & Risk Officer

About this role

We are seeking an experienced and motivated Compliance & Risk Officer to join our growing

Financial Services business. This is an excellent opportunity for a professional with experience in Banking, Foreign Exchange, Payments, FinTech or another regulated financial institution who is passionate about regulatory compliance, financial crime prevention, risk assessment & mitigation management. The successful candidate will play a key role in maintaining the firm's compliance framework, ensuring compliance with UK regulatory requirements and supporting the business in delivering a strong culture of governance, risk mitigation management and financial crime prevention.

Key Responsibilities

1: Maintain and continuously improve the company's Compliance Framework, including policies, procedures, systems and internal controls to ensure ongoing regulatory compliance.

2: Monitor and ensure compliance with applicable UK regulations, including Anti-Money

Laundering (AML) legislation, FCA requirements and internal compliance standards.

3: Conduct Customer Due Diligence (CDD), Enhanced Due Diligence (EDD) and Risk Mitigation

Assessments for new and existing customers, ensuring appropriate customer risk assessments are completed.

4: Perform ongoing customer and transaction monitoring to identify unusual or suspicious activity and ensure compliance with AML and financial crime regulations.

5: Investigate internal compliance alerts, Suspicious Activity Reports (SARs) and financial crime investigations where appropriate (MLRO responsibility).

6: Maintain and review the firm's AML Risk Assessment, applying a risk-based approach to

identify, assess and mitigate financial crime risks.

7: Conduct compliance monitoring activities, branch inspections and internal compliance reviews to ensure adherence to company policies and regulatory obligations.

8: Maintain accurate regulatory records, compliance manuals, policies and procedures, ensuring documentation remains up to date and audit ready.

9: Conduct sanctions, Politically Exposed Person (PEP) and adverse media screening to support effective customer risk management.

10: Prepare compliance reports and risk mitigation management information to support

governance, regulatory oversight and business decision-making.

11: Support the delivery of AML and Compliance training, promoting awareness of regulatory

responsibilities across the business.

12: Identify opportunities to strengthen compliance processes, internal & regulatory controls,

supporting the continuous improvement of the firm's compliance and risk management

framework.

Candidate Profile

● Minimum 2 years' experience within Banking, Foreign Exchange, Payments, FinTech, Money

Services or another regulated financial services environment.

● Practical experience in Compliance, AML, KYC, CDD, EDD, Risk Management or Financial

Crime Prevention.

● Good understanding of UK Anti-Money Laundering Regulations, the Money Laundering

Regulations 2017, the Proceeds of Crime Act 2002, and applying a risk-based approach.

● Knowledge of FCA regulatory expectations, customer due diligence, sanctions screening,

Politically Exposed Persons (PEPs), transaction monitoring and customer risk assessments.

● Strong analytical, organisational and problem-solving skills with excellent attention to detail.

● Excellent written and verbal communication skills with the ability to work collaboratively across the business.

● Proficient in Microsoft Word and Outlook.

● Degree-level education.

● A proactive, professional and adaptable approach with a genuine interest in developing a

long-term career within Compliance and Risk Management.

Education

Bachelor's degree in Finance or Accounting (preferred).

Benefits

● Casual dress

● Company pension

● Sick pay

● Ongoing professional development and training

● Career progression opportunities

Working Schedule

Monday to Friday

Work Location

Hybrid – Birmingham. Applicants should be able to reliably commute to Birmingham or plan to

relocate before commencing employment.

Why Join Us?

This is an excellent opportunity to become part of a growing financial services business where

compliance, integrity and customer trust are at the heart of everything we do. You will work alongsideexperienced professionals, develop specialist knowledge in Compliance, Risk Assessment and Financial Crime Prevention, and contribute to strengthening the organisation's compliance framework while building a rewarding long-term career.

How to Apply

Send your CV plus a summary of your compliance experience to: Info@shaheenexchange.co.uk

All applications will be treated confidentially. Background and reference checks form part of the appointment process.

Pay: £17.95-£25.13 per hour

Benefits

• Company pension
• Sabbatical
• Sick pay

Work Location: Hybrid remote in Birmingham

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