Senior Associate Compliance and Financial Crime

THE COMPANY:

Our client is a successful retail and corporate banking firm. They are looking to hire a Senior Associate within Compliance and Financial Crime.

THE RESPONSIBILITIES:

• Provide independent oversight of first line AML/CFT risk management activities, including customer due diligence, transaction monitoring, and screening.
• Conduct risk-based and thematic reviews to assess the adequacy and effectiveness of AML controls and procedures across business units.
• Identify and report on gaps, control weaknesses, and breaches, and track remediation to closure.
• Review and challenge first line risk assessments, escalations, and decisions on high-risk customers or transactions.
• Ad hoc projects and assignments
• Assist the MLRO in investigating unusual or suspicious activity escalated by the business.
• Prepare and support the filing of Suspicious Activity Reports
• Support the MLRO in interactions with regulators, including inspections, audits, and reporting obligations.
• Assist in preparing responses to regulatory requests
• Provide advice to the business and operational teams on AML/CTF compliance issues
• Monitor changes to applicable laws and regulations and support implementation of policy and process updates to ensure ongoing compliance.
• Act as the primary point of contact from compliance
• Analyze AML-related data and trends to identify emerging risks or control issues.
• Prepare MI for the MLRO, senior management, and relevant committees to support governance and decision-making.
• Participate in relevant governance forums, risk committees, or working groups relating to financial crime.
• Support the MLRO in preparing reports and updates for senior management and the Board
• Serve as the key point of contact for data protection
• Develop and deliver training on data protection-related topics.
• Manage various administrative duties

EXPERIENCE REQUIRED:

• Professional certifications such as CAMS, ICA Diploma, or equivalent AML/CTF qualification preferred.
• Experience in AML compliance, preferably in a regulated financial institution.
• Strong understanding of AML/CTF laws, regulations, and regulatory expectations.
• Experience operating within a 3 Lines of Defence model.
• Excellent analytical, investigative, and problem-solving skills.
• Strong interpersonal, communication, and stakeholder management abilities.

For further information please contact Natalie Eshelby