logo for LMA

Precious Metals AML and Onboarding Specialist - London, United Kingdom,

£51k

Our client is a highly successful financial services firm

Responsibilities

  • Act as subject matter expert for precious metals business within Compliance Department, assist Chief Money Laundering Reporting Officer EMEA & Asia and Chief Compliance Officer in developing knowledge of other members of staff
  • Perform onboarding/know your customer ("KYC") on prospective precious metals clients, conduct risk based reviews of existing clients and their business
  • Develop and maintain company's suite of policies and procedures to comply with laws, regulations and guidance applicable to trading of precious metals, e.g. Organisation for Economic Co-Operation and Development ("OECD") Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High Risk Areas
  • Monitor horizon regulatory developments relevant to the precious metals market, e.g. the EU Conflict Minerals Regulation
  • Conduct monitoring tasks as required

Requirements

  • 2-3 years' experience gained in the precious metals market
  • Compliance/AML/KYC experience is desirable but not essential. Applicants who have worked in other functions will be considered if they can demonstrate interest in working in a control function