The Compliance Officer is responsible for carrying out all day-to-day compliance work considering local regulatory requirements. The Compliance Officer will assist the Compliance Manager to ensure that all activities of the company and its employees comply with applicable laws, rules and standards.
The Compliance Officer reports directly to the Compliance Manager. Competently carry out duties in a professional manner and by regulatory requirements, service levels and company standards to meet business expectations, with the support of other members of the team, when required.
Tasks
- To establish, monitor and communicate compliance-related policies and procedures, as well as developing and maintaining an appropriate level of compliance monitoring
- To act as a contact person for all employees of the company for issues of compliance and ethics and to provide regulatory advice, guidance and support to the business on a daily basis
- To check the process for client acceptance and reviews including giving advice to the Compliance Manager in respect of compliance risks associated with client companies and the required risk mitigation
- To assist the Compliance Manager with updating the procedures manual of the business
- To establish, monitor and communicate compliance related policies and procedures, as well as developing and maintaining an appropriate level of compliance monitoring
- To help prepare periodic reports
- To monitor regulatory change affecting the business, informing the business and the board as appropriate of such developments and working with them to prepare for the change
- To provide quarterly training to employees in respect of applicable regulations, standards and ethical issues
- To help develop, initiate, update and adjust if necessary processes and procedures regarding proper implementation and monitoring of the compliance program and related compliance issues
- To act as the second point of contact with De Nederlandsche Bank
- To contribute to and monitor the maintenance of high quality standards
- To be aware of regulatory developments affecting the regulatory position of the organization
- To assess the impact and to take the necessary measures in order to make sure that the organization is complying with the regulatory obligations
- To proactively support the local board on regulatory developments/obligations in away which facilitates appropriate level of supervision and to ensure all scheduled reporting is completed
- To ensure that relevant change in respect of compliance laws and regulations is identified, assessed and appropriate action is taken and records evidencing status is maintained
- To undertake regular reporting ensuring that issues are escalated where appropriate, and breached and offer notifiable issues are reported as required
- To support, deliver input and feedback on various audits, internal and external audits
- Perform ongoing sanctions screening including investigating on hits if necessary.
Requirements
- HBO level
- Certified Compliance Officer Training (Licent/Kluwer/Confiad)
- Good knowledge of WTT, RibWTT, WWFT, Sanctions Act 1977, WFT and applicable international guidelines
- Identifies compliance issues and finds it a challenge to convert these issues to procedures, working methods, training etc.
- Possesses numerical and analytical skills
- Being able to identify compliance risks and to provide advice to mitigate risks
- Able to work independently, as well as being part of a team, with responsibility and commitment
- Reliable, proactive, decisive and persuasive
- Excellent communication skills.
Interested?
If you are interested in this opportunity, please add your curriculum vitae IN WORD in English (cover letter not necessary just a brief motivation of 1 alinea re interest in the position)