Senior Associate - MLRO

About Waystone

Waystone is a leading asset servicing solutions provider of institutional governance, administration, risk and compliance services to financial institutions. With over 25 years' experience and a comprehensive range of specialist services to its name, Waystone helps our clients structure, operate and grow through our expertise, innovation and digitisation, backed by the operational scale to support global expansion.

Summary

The Senior Associate, reporting to the Manager of MLRO Services, will be an integral part of the team's success through the provision of the service to clients and stakeholders.

Essential Duties and Responsibilities

• Act as MLRO to a portfolio of UCITS and AIFMD investment funds.
• Prepare and present quarterly MLRO Reports to Fund Boards.
• Draft and maintain AML Policies and AML Risk Assessments.
• Conduct annual on site inspections at the fund Administrator, report findings to the board of directors and make recommendations as appropriate.
• Deliver ongoing and annual AML training to the fund board of directors.
• Deal with financial sanctions alerts and report as appropriate.
• Investigate potentially suspicious transactions and report to the authorities as appropriate.
• Liaise with external stakeholders on all AML/CFT matters.
• Ad hoc responsibilities as delegated by the Head of MLRO or Senior Management.

Requirements

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Experience

• Minimum of 3 to 5 years industry experience.
• Self starter with clarity of analysis and of expression, both written and oral.
• Excellent interpersonal and client management skills.
• Excellent presentation and communication skills.
• Experience presenting to senior management and/or board of directors.
• Experience of short-term project management, demonstrated achieving targets.
• Outstanding time management, organisational skills, oral/written communication, critical thinking and attention to detail.
• Must be able to work in a fast paced environment including reporting and providing support to various members of the team.
• Experience working as an MLRO or similar role, particularly in the funds industry, preferred.

Education

• An internationally recognised professional third level qualification.
• Professional qualification and/or the LCI designation.
• Fluency in AML/CFT legislation, regulation and industry best practice as it applies to the funds industry.