Senior Associate – Compliance Solutions

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 within the Waystone Compliance Solutions Services function will be responsible for the delivery of corporate services to a diverse portfolio of external clients. This is an excellent opportunity for someone self-motivated, meticulous, detailed-oriented, proactive, able to multi-task and think quickly on their feet. Senior Associate to work closely with Waystone Compliance solutions team and leadership team to provide excellent client services and deliver work within the timelines assigned to the specific task. The minimum expectation of the role is as set out below:

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Be directly responsible for providing ongoing compliance support services to a portfolio of clients.
• Strong attention to details and keen on delivering quality work.
• Strong interpersonal and communication skills (both written & verbal).
• Relationship Management - Provide service excellence to internal and/or external clients.
• A team player, enthusiastic, and self-motivated.
• Analytical skills - collect and analyze information, problem-solving, and make decisions under minimal supervision.
• Commercial awareness and understanding of business environments.
• Assisting with AML screening of customers and conducting risk assessments in a timely manner.
• Providing day-to-day support to clients and colleagues in executing AML and other compliance related matters for clients.
• Develop, initiate, maintain, and revise policies and procedures to ensure compliance with various regulatory requirements.
• Attending and contributing to internal meetings.
• Assisting in promoting the firm at various industry and promotional events or producing certain publications.
• Keeping abreast of relevant laws and regulations.
• Commitment to continued learning, remaining well-informed regarding internal standards, and business goals/knowledge sharing.
• Responsible for maintaining timesheets daily and are expected to meet certain targets on a weekly basis, as set by management.
• Responsible for maintaining, keeping up-to-date, and accurate client files.
• Take responsibility for overall servicing, maintenance and development of client relationships, taking on a portfolio of clients with complex structures, as required.
• Able/willing to take on additional duties as and when required.
• Assists colleagues when capacity permits and notifies manager with availability.
• Assists when other members of team are out of the office with monitoring inboxes and processing work.
• Actively participate in team projects as instructed by manager.
• Ensure the database concerning your assigned engagements contains accurate information on all tabs and that information is consistently updated as appropriate.
• Assist in drafting and sending proposals and Letters of Engagement to potential clients.
• Follow current Waystone policies and procedures as set out in the Employee Handbook and/or develop additional policies as needed for jurisdiction specific.

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:

• The Senior Associate preferably has a minimum of 2-3 years’ experience in asset management / financial services compliance for MAS regulated entities
• Must be able to work in a fast-paced
• Fluent in English (written and spoken).
• Proficient in MS Office (Word, Excel, Outlook, and Teams).

Education

• Minimum university or equivalent education.