Compliance Officer- AVP

THE COMPANY:

Our client is a multinational banking organisation.  They are seeking a generalist Compliance Officer to join the team.

THE RESPONSIBILITIES:

• Tracking and operationally implementing UK AML regulatory updates
• Working on all  financial crime matters depicted in FCA Financial Crime Guide.
• Working closely with CDD/KYC customer on-boarding process for complex corporate customers
• Assessing the level of risk associated with PEP/RCA, SIE, SIP, and adverse news during customer on-boarding.
• Understanding, track and implement the sanctions updates from HM Treasury’s Office for Financial Sanctions Implementation (OFSI)
• Good breadth of tracking and implementing the relevant regulatory updates
• Working on risk and control processes (CSA, RCSA and RRSA)
• New Product Approval Process
• Experience of conducting annual risk assessment on various risk areas for example, ABC, CFA, Conduct, Modern Slavery etc.
• Dealing with FCA reporting requirements through RegData portal.
• Submitting FCA CONNECT Applications.
• Updating internal Policies and Procedures in timely manner.
• Implementing reg compliance, CDD/KYC, and any other systems.
• Formulating compliance testing plan and carrying out the FCC and Reg Compliance testing and QA locally.

EXPERIENCE REQUIRED:

• Minimum 4-5 years Compliance experience within the Banking/Financial Industry, leaning towards international and UK compliance.
• Knowledge of both financial crime and regulatory compliance/compliance monitoring
• A strong knowledge of UK AML regulations including JMLSG guidelines
• Familiar with UK’s legal regulatory framework and requirements
• Good & practical understanding of banking products
• PC literate, particularly Word, Excel, and Power Point
• Experience of interacting with an overseas Head Office would be an advantage.
• Experience in understanding and implementing CDD/KYC related systems

For further information please contact Natalie Eshelby