Lead Specialist - Risk and Compliance

Role Overview

The role focuses on ensuring that Senior Management, including Boards and Committees, are confident that regulatory requirements are met.

This involves conducting risk-based assurance reviews to evaluate compliance with regulatory procedures and internal control standards.

The Analyst wills support business units in meeting compliance responsibilities and executes a work program approved by the Risk Committee.

The role will assist with reviews and provide recommendations to resolve issues identified in these reviews, covering Artex regulated businesses. Additionally, the role fosters collaboration within the Risk & Compliance division.

The Lead Specialist must be a consummate team player.

Key Responsibilities and Duties:

• Identify potential risks through detailed analysis of market trends, financial data, and business operations.

• The successful candidate shall be responsible for updating the corporate risk register. • Drafting and reviewing client and corporate policies and procedures to ensure compliance with applicable laws and regulations.

• Prepare detailed reports summarizing risk assessment findings and present them to management.

• Conduct comprehensive risk assessments to evaluate the likelihood and impact of identified risks.

• Conducting risk-based assurance reviews, both routine and thematic, to assess the extent to which the business complies with the appropriate regulatory requirements

• Support and lead regular reviews of the business units, key business processes and the activities of the Company to ensure continued adherence to and effective implementation of policies, procedures and regulations.

• Guide, input and review details pertinent to the onboarding process for new clients/directors/investors via Artex's automated online onboarding platform(s).

• Support the maintenance and updates to the Assurance Plan and reporting against objectives and SLAs.

• Keep up to date with industry knowledge to ensure appropriate competency levels are maintained.

• Review and remediate daily screening of client databases.

• Efficiently maintain logs, records and files related to compliance activities.

• Support internal testing/assessments and audit requirements

• Any other ad-hoc duties and projects, as required.

• Produce high-quality business documents and written materials that convey information accurately and professionally

• Accurately record and document discussions and decisions made during meetings.

• Ensure minutes are distributed to relevant stakeholders in a timely manner

• Monitor the progress of action items assigned during meetings.

• Coordinate with responsible parties to ensure timely completion of tasks.

• Provide updates on the status of actions to relevant stakeholders.

• Compile and analyze data to create comprehensive reports for the Board.

• Ensure reports are aligned with governance standards and objectives.

• Present findings and insights to support informed decision-making by the Board.

Minimum Requirements:

• Candidates with internal audit, risk management or regulatory compliance experience are preferred.

• Professional designation in internal audit or risk management is desirable

• A bachelor's degree in a business related field is required.

• Minimum 5 years' experience in internal audit, risk management or related experience.

• Experience reviewing and assessing complex client and organizational structures

• Experience with applying a risk based approach

• Excellent analytical and organizational skills with strong attention to detail

• Excellent written and verbal communication skills in English are essential

• Dedicated team player with strong interpersonal skills

• A self-starter with a committed, enthusiastic and flexible approach

• Computer literate and competent in using the full Microsoft Office Suite, Adobe Acrobat and experience with AML software applications in general would be beneficial

• High level of proficiency conducting internet researches and independent verification of CDD information.

• Ability to work unsupervised and use own initiative, contribute suggestions/ideas for process improvements

• Familiarity with international AML and CFT regulations i.e. U.S.A and UK would be beneficial .