Financial Crime Prevention Senior Manager (1 year FTC)

THE COMPANY:

Our client is multinational Corporate and Retail banking company based in the City.  They are looking for a Financial Crime Prevention Senior Manager to join the team on an FTC basis.

THE RESPONSIBILITIES:

• To possess a thorough up-to-date understanding of the relevant financial crime  regulatory rules, anti-money laundering legislation, Proceeds of Crime Act, Terrorism Act 2000 and all statutes and guidance applicable to the Bank’s business.
• To develop and embed appropriate controls, policies and procedures to manage financial crime risk across the Bank and manage the day-to-day operations of the Financial Crime Prevention Team to help the Bank conduct its activities in accordance with regulatory requirements
• Oversight of the Bank’s transaction monitoring and sanctions screening team and activities.
• To provide ongoing training to all staff as required to maintain awareness and ensure that they understand their individual and corporate responsibilities regarding the detection and prevention of financial crime in the Bank.
• To manage, train and develop staff in the Financial Crime Prevention Team.
• To advise the business units of regulatory changes that might affect them in respect of Money Laundering Regulations and Financial Crime Prevention
• To help develop and implement relevant and appropriate ongoing monitoring programmes that demonstrate compliance with key regulatory requirements.
• To remain up-to-date with regulatory and legislative developments and ensure the implications for the Bank is assessed and where necessary ensure changes are disseminated and implemented.
• Provide full cooperation with law enforcement authorities under the Proceeds of Crime Act 2002, Terrorism Act 2000 and other applicable legislation.
• To help ensure that relevant and reliable management information on the AML/KYC issues is delivered to senior management on a timely basis in order to enable effective action to be taken where necessary.
• To facilitate effective and constructive sharing of knowledge and experience of financial crime prevention issues and to effectively engage with other parts of the Group.
• Oversee and work with the MLRO to help manage SARs disclosures, determining if a SAR notification is required to be disclosed to the NCA and communication with relevant authorities including the NCA.

EXPERIENCE REQUIRED:

• At least five years working in a senior financial crime role within the financial services sector (Wholesale or Retail banking )
• The flexibility to appreciate the commercial objectives of the business, coupled with an ability to change, independently and constructively, senior management, peers or other staff where appropriate, to insist upon adherence to the highest standards of business practice and to the requirements of relevant authorities.
• Ability to execute projects and collaborate and collaborate with other departments
• Ability to use initiative and work with minimum supervision but ensuring, at the same time, that the line reports are kept fully informed at all times.

For further information please contact Hannah Tabatabai