Compliance Associate, Fraud & Financial Crime (Data Analysis)

London, United Kingdom
Dec 15, 2022
Jan 14, 2023
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
Bovill is an independent, specialist financial services regulatory consultancy with a global offering. We specialise in helping clients solve difficult and interesting problems, so we look for people who thrive on intellectual challenge, can roll up their sleeves to delve into issues and get satisfaction from helping clients, conduct a thorough analysis of a problem and translate that into practical advice.

Our Fraud & Financial Crime Practice is looking for a highly motivated, proactive yet disciplined compliance associate to provide financial crime regulatory advice services to clients. In particular, the ideal candidate will bring a deeper data, analytics and systems perspective to our existing advisory services.

The successful candidate will have experience of data, analytics and systems to help identify, manage and mitigate financial crime risk.

Some of the areas you can expect to assist clients in include:
  • Advise clients on UK financial crime regulatory requirements, expectations, and industry practices.
  • General systems and controls development and review - e.g. policy and procedure development, business or client risk assessment, training, etc
  • Assessing the basis upon which systems or models have been calibrated and/or providing advice on statistical validity
  • Defining business requirements and supporting vendor selection processes
  • Performing systems effectiveness testing
  • Documenting process flows, analysing data inputs / outputs and assessing data quality, completeness and integrity
  • Leveraging/analysing client data to identify risks, issues and patterns to support control enhancement
  • Performing independent reviews of firms' systems and controls
  • Being your clients' point of contact on specific elements of our engagements.
  • Participating in client meetings, such as interviews and presentations.

You will have the opportunity to attend relevant industry events to build your network and promote the Bovill brand. In addition, you will be able to participate in and, where relevant, help to present at Bovill events and training sessions, such as client briefings on topical regulatory issues and roundtable events aimed at compliance professionals to enable you to engage with and build Bovill's client base.

Successful candidates will have:
  • At least 2 years demonstrable experience gained at a financial institution, legal practice, consultancy and/or the regulator
  • Degree level education, 2:1 or better, ideally with a focus on mathematics, statistics or similar subject
  • Knowledge and experience of systems configuration, data analytics, model validation as well as foundational understanding of broader systems and controls
  • Technical knowledge of UK AML/CTF regulations and guidance, and a working knowledge of other relevant anti-financial crime laws and regulations such as Sanctions, Terrorist Financing and Bribery and Corruption
  • Excellent report writing skills with the ability to construct well-founded, clear and concise observations and recommendations
  • Ability to write policies and other framework documentation
  • Experience translating regulatory rules and guidance into meaningful and pragmatic solutions for clients
  • A passion for solving interesting problems and have an interest in learning how to manage relationships with clients and the wider team.

When the opportunity arises, you may also be required to assist other teams and clients on a wider range of regulatory matters, so you be keen will develop your knowledge across the spectrum and be willing to collaborate on work outside of your main areas of expertise.

Given the technical nature of the work we do, exceptional written and oral communication skills, and high attention-to-detail are paramount.

In return we offer
  • The opportunity to work in an entrepreneurial, fast moving, stimulating environment
  • Strong career development support - mentoring, coaching, relevant training and development - to enable your progression
  • The opportunity to work closely with, and learn from, our team of regulatory experts who are truly committed to assisting your development
  • A small informal company environment with minimal bureaucracy
  • A competitive salary, performance-related discretionary bonus, and generous flexible benefits package

Bovill actively supports flexible working and currently enjoys a hybrid working environment with a minimum of one to two days per week in the office. We welcome applications from candidates who wish to work part-time, flexible start & finish or compressed hours.
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