Compliance Officer- AML (Wholesale Banking)

THE COMPANY:

Our client is an international investment bank based in the City.  They are looking for a Compliance Officer with a specialization in Financial Crime to join the Business.

THE RESPONSIBILITIES:

• Advise the business on client onboarding/review referrals such as PEPs and high-risk clients subject to EDD.
• Investigation of referrals regarding Financial Crime by the business or operational areas.
• Advise the business and support areas on Financial Crime aspects, on the implementation of new products, to ensure compliance with relevant regulations;
• Ensure key Financial Crime regulatory changes are analysed and the necessary changes are implemented;
• Maintenance of the Banks Financial Crime related policies and procedures;
• Complete the regulatory reports related to Financial Crime;
• Monitoring transactions and identification of suspicious activities;
• Provide Financial Crime training;
• Assist with internal audit review focused on Financial Crime ensuring all necessary documentation and reports are provided in a timely manner.
• Monitor and analyse SWIFT transaction to identify any suspicious activities, ensuring compliance with financial crime regulations and internal policies
• Implement and maintain updates to SWIFT monitoring tool, including the integration of new sanctions lists, watchlists, and custom rules to ensure accurate detection of financial crime.
• Prepare and update financial crime and surveillance related slides and presentations for Operational Risk and Compliance Committee (ORCC), ensuring they reflect current risks, trends, and compliance measures.
• Compile and submit detailed monthly financial crime reports to Holding, providing insights into key metrics, incidents, and compliance with regulatory requirements.
• Prepare Management Information for the Operational Risk and Compliance Committee;
• Track reported incidents and follow-up on the action plans implementation;
• Other Compliance tasks and projects, as directed by the Head of Compliance

EXPERIENCE REQUIRED:

• 2^nd line Financial crime/generalist compliance experience from Investment banking/wholesale banking background – NOT KYC
• Financial crime risk assessment/sanctions/policy writing experience would be highly desirable from an investment banking background
• Proven Investment /wholesale banking compliance experience is required
• Experience of acting as a second line of defence, in order to ensure strict compliance with regulations, risk management oversight and sustainable growth.

For further information please contact Hannah Tabatabai