Senior Compliance Analyst
Description
Who We Are
Moneycorp powers global payments for corporates, institutions and high net worth individuals, combining worldwide reach with local expertise. With over 45 years of market experience, two banking licences and offices in 11 countries, our technology delivers 24/7 accessibility, while our people deliver award-winning service. In 2024, we supported £79bn+ of international payments, reaching 190 countries in 130 currencies. Our 32k+ corporate clients benefit from our regulatory resilience with 63+ permissions globally, access to major payment rails, and proprietary technology.
Moneycorp is a place where energy, commitment to our shared success, and collaboration are core to our values. We’re restless in our drive to surpass the expectations of our customers and unlock opportunities to support them at every stage of their journey. The foundation of our success is our people, and nurturing a culture of belonging for all our colleagues is central to our journey as a global business.
Role Profile
A detail-oriented and proactive Senior Compliance Analyst, sitting in the 2nd Line of Defence, to support the CRCO/MLRO, colleagues and the organisation’s compliance framework. This role will be instrumental in ensuring that the company adheres to regulatory requirements and internal policies through effective monitoring, training, and documentation of compliance procedures.
The Senior Compliance Analyst will also support colleagues in the team in delivering regulatory excellence and timely support to the first line of defence (1LoD) and front office business units, where required. Ensuring the Bank and Group’s risk and compliance objectives are met and the regulatory health of the business is maintained.
Responsibilities
Compliance Monitoring
- Conduct regular and ad-hoc compliance monitoring reviews across business units.
- Identify and report compliance risks, breaches, and control weaknesses.
- Maintain and update the compliance monitoring plan in line with regulatory developments and business changes.
- Collaborate with internal stakeholders to ensure timely remediation of findings.
Training and Awareness
- Develop and deliver compliance training programs tailored to different departments.
- Maintain training records and ensure mandatory training completion.
- Promote a culture of compliance through awareness campaigns and targeted communications.
- Provide guidance and support on compliance-related queries.
Procedures Development and Maintenance
- Draft, review, and update compliance operations procedures and manuals.
- Ensure documentation reflects current regulatory requirements and best practices.
- Work with operational teams to embed procedures into daily workflows.
- Assist in the development of internal controls to support policy implementation.
CRS/FATCA
- Ensure the institution complies with FATCA (Foreign Account Tax Compliance Act) and CRS (Common Reporting Standard) regulations.
- Monitor updates from the IRS, OECD, and local tax authorities.
- Establish and maintain a robust compliance framework including policies, procedures, and internal controls.
- Conduct FATCA and CRS due diligence reviews.
- Prepare and submit FATCA and CRS reports to relevant tax authorities.
Audit and Project Support
- Represent MCB Compliance team to provide administrative, analytical, testing and coordination support to designated team, Bank and Group projects.
- Co-ordinate audit (internal and external) deliverables in a timely manner and track and ensure the execution of Management Action Plans through to completion.
- Where required by the business, prepare project plans, schedule and coordinate meetings, recording minutes and following up on own and colleague actions.
- Prepare status reports, dashboards and KPIs for stakeholders.
Team Support
- Supports colleagues by taking on additional tasks and responsibilities when required to deliver key Compliance objectives.
- Support Financial Crime Team during holidays and absences with high-risk account reviews and payment releases.
What we’re looking for / Knowledge and Experience:
Regulatory Frameworks
- In-depth understanding of financial services regulations, including AML, CFT, FATCA, CRS, and other relevant compliance standards and how to apply these practically with an approach that aligns to the Bank and Group value of Regulatory Excellence.
- Familiarity with Gibraltar, UK, and EU regulatory environments and reporting obligations.
Compliance Monitoring
- Proven experience conducting compliance monitoring reviews and identifying control weaknesses.
- Ability to collaborate and propose design changes to and maintain compliance monitoring plans aligned with regulatory changes.
Policy and Procedure Management
- Experience drafting, reviewing, and updating compliance policies and procedures manuals.
- Experience of embedding compliance controls into business processes.
Training and Awareness
- Skilled in developing and delivering compliance training programs tailored to different business units.
- Experience promoting compliance culture through awareness campaigns and communication strategies.
Regulatory Reporting
- Practical experience in FATCA and CRS compliance, including due diligence reviews and timely reporting to tax authorities.
- Understanding of international tax compliance frameworks and data requirements.
Audit and Assurance
- Experience supporting internal and external audits, including preparation of deliverables and tracking remediation actions.
- Ability to coordinate compliance-related projects and produce accurate status reports and dashboards.
Analytical and Problem-Solving Skills
- Strong ability to analyse regulatory requirements and translate them into practical compliance solutions.
- Skilled in identifying risks and proposing effective mitigation strategies.
Communication and Collaboration
- Excellent written and verbal communication skills for stakeholder engagement and reporting.
- Ability to work collaboratively across teams and influence first-line business units.
Please note: This is a full-time, permanent position with an opportunity to work within the Risk & Compliance team based in our Gibraltar office. There is an option to work one day a week from home.
What you get in return:
This role offers a competitive salary, plus a benefits package including private medical health insurance.
Interested?
If the role sounds like you, we invite you to upload a copy of your CV and can do this by clicking on the Apply Now button.
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Diversity and Inclusion
Moneycorp is proud to be an Equal Opportunity employer. Across our Group, Moneycorp maintains a philosophy that an inclusive company culture inspires creativity, fosters a sense of belonging, and is imperative to both personal and professional growth. With a makeup of 47 percent female employees, Moneycorp has a remarkably diverse workforce. Our commitment to inclusion and opportunity continues to evolve and improve as we listen and engage with our diverse teams.
All qualified applicants will receive consideration for employment without regard to age, colour, family or medical care leave, gender identity or expression, genetic information, marital status, medical condition, national origin, political affiliation, status as an individual with a physical or mental disability status as an individual with a protected veteran status, race, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable laws, regulations and ordinances.
Moneycorp believes that diversity is critical to our success in helping Corporate and Private Clients with their FX and International Payments requirements across the world and is committed to creating an inclusive, mutually respectful environment which celebrates diversity. We hire on the basis of talent, merit, competence, performance, and business needs.