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Compliance/Risk Officer Apprenticeship with Sciopay Ltd SCIOPAY LIMITED

As a Compliance/Risk Officer you will help manage the day-to-day running of the Transaction Monitoring and End-Customer Onboarding systems, ensuring that Compliance risks are adequately identified, assessed monitored, controlled, and reported as required. You will also complete the Compliance/ Risk Officer Level 3 Advanced Apprenticeship.

This apprenticeship requires you to apply through the employer's website.

Apply now

Closing date: 15 Dec 2022

Apprenticeship summary

  • Annual wage


  • Working week

    Monday to Friday 08:30 - 17.00 shifts

    Total hours per week: 37.5

  • Expected duration

    15 Months

  • Possible start date

    23 Jan 2023

  • Date posted

    05 Oct 2022

  • Apprenticeship level

    Level 3 (A level)

  • Reference number


  • Positions

    1 available

What will the apprentice be doing?

  • Conduct a review of customers' applications at the point of onboarding
  • Carry out enhanced customer due diligence (ECDD) and know-your-customer (KYC) on new customers
  • Conduct sanction/PEP screening and investigate potential hits
  • Conduct monitoring of existing applications to ensure that documentation is up to date
  • Support data-protection compliance
  • Complete Compliance administration (record training, keeping customers records up-to-date) as required
  • Analyse payment and compliance data to identify trends and patterns
  • Review the effectiveness of current monitoring rules and settings and provide feedback on ways to optimise
  • Continuously review current processes and suggest improvements to the process as well as systems used
  • Work cross-departmental to proactively identify and resolve operational compliance queries
  • Undertake assigned Compliance project work
  • Identification and reporting of suspicious activity to relevant global financial intelligence units
  • Proactively escalate urgent cases to the MLRO/DMLRO for further review
  • Keep up-to-date with current and future regulatory changes that affect the business and use this knowledge to proactively suggest improvements to compliance policies and procedures.

What training will the apprentice take and what qualification will the apprentice get at the end?

As a Compliance/ Risk Officer Apprentice you will undertake the Compliance/ Risk Officer Level 3 Advanced Apprenticeship. Completion of the apprenticeship will result in the awarding of the ICA Certificate in Anti-Money Laundering, Compliance, or Financial Crime Prevention.

What is the expected career progression after this apprenticeship?

The candidate will be joining a small team so we will be expecting them to taking a leading role within the compliance department by the end of the apprenticeship. This will potentially include managing a team and having a voice on how the future of our compliance department operates.

Requirements and prospects

Desired skills and personal qualities

IT skills, Organisation skills, Number skills, Team working, Microsoft Excel, Microsoft Word, Willingness to learn, Articulate, Hardworking, Able to build relationships, wants a career in compliance, Able to prioritise & multitask


GCSE or equivalent a minimum of 5 GCSE's (Grade C/4 or above) Essential
GCSE or equivalent English (Grade C / 4 or above) Essential
GCSE or equivalent Maths (Grade C / 4 or above) Essential

About the employer

Sciopay are rebuilding the access to cross border payments. We have created the infrastructure for any entity to offer an alternative international payment solution to the traditional players in the sector but we know that the success of our business depends on the people who keep it moving, which is why we are looking for exceptional talent to join our international payments journey.




131 Finsbury Pavement



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Training provider





Apprenticeship standard

Compliance and risk officer

Level 3 (A level)

Employer's Application Instructions

Upon your first visit to ‘BPP Recruitment’ you will be required to register on the website, please complete all fields upon registration and ensure that you fill out your full education history. Once registered, click apply on the vacancy and follow instructions, you should also upload a copy of your most recent CV as this may be sent to the employer for their consideration.

This apprenticeship requires you to apply through the employer's website.

Apply now

Closing date: 15 Dec 2022