Compliance Coordinator

2 months ago


Weybridge UK, Surrey, United Kingdom Prax Full time

Role: Compliance Administrator

Location: Marble Arch, London


The Legal & Compliance Department is part of Central Services located in Prax Headquarters in London. As the Compliance Assistant for the Prax group, you will be reporting to the Group Ethics & Compliance Officer as part of the Legal and Compliance Department. Also, you will be assisting with performing customer due diligence checks on a wide range of businesses in the UK and internationally.


Duties to include but not limited to:

  • Anti-Money Laundering – assisting with implementing and conducting Know Your Customer (KYC) process at Prax, and assisting with requests for KYC about the group
  • Provide compliance support via close proximity to the dynamic and fast moving IS&T, Risk & Corporate Finance teams.
  • Performing due diligence checks on new and existing counterparties to identify risks and ensure compliance with applicable laws and regulations.
  • Provide on-site compliance support to the centrally located wider Group Legal team.
  • Maintain accurate records of compliance activities, including counterparties documentation and compliance reports, to ensure audit readiness.
  • Compliance policies – assisting with creating, implementing, and keeping up to date a group Code of Conduct and compliance polices
  • Raising concerns – Assisting with managing the raising concerns hotline, Gifts and Entertainment and conflicts of interest registers
  • Compliance training – assisting with set up and implement the online training program for the whole Prax group
  • Keeping up-to-date all compliance registers
  • Data Protection - assisting with all GDPR related matters
  • Other ad-hoc compliance related duties


Qualifications, character and experience:


  • 2 years of experience with AML compliance
  • Ability to meet demanding deadlines, often with competing priorities, and adapts to business needs
  • Interest in process improvement and implementation of change
  • Advanced MS Office skills
  • Oil industry experience would be an advantage
  • Excellent time management/organisational and multi-tasking skills
  • Possess strong analytical skills
  • Strong communication skills
  • Flexible and adaptable in approach
  • 5 days a week in the office


What we offer:


  • 25 days annual holiday entitlement
  • Gym membership allowance
  • Income protection
  • A health cash plan
  • Life assurance cover
  • Critical illness cover
  • Optional private medical insurance cover
  • Pension


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