We are working with a boutique wholesale bank who are looking for a Senior AML/Compliance Officer & DMLRO. Due to the size of the firm, it is a 5-day office based role.
THE RESPONSIBILITIES:
Have responsibility for the review of Branch’s financial crime prevention policies and procedures
To ensure the branch complies with its statutory obligations, as required under UK legislation, UK’s financial regulations (FCA and PRA Guidelines), JMLSG Guidelines and FATF recommendations;
To have an oversight responsibility for Sanctions, and Financial Crime in the London Branch;
To ensure financial crime prevention oversight including Anti- Money Laundering (AML), countering the financing of Terrorism (CFT), and Anti-Bribery and Corruption (ABC) for business lines;
Manage and develop robust branch-wide Financial Crime Risk framework is in place;
To be responsible for oversight and coordination of manual and system generated alerts, including: Screening of Sanctions, SARs, transactions, PEPs and adverse media with the help of AML tools;
To provide Financial Crime Risk advice, mandatory training and guidance to the Senior Management and all staff and to relevant officials at the head office as appropriate;
To ensure that changes required to policies as a result of any new AML laws, rules, regulations internal policies and guidance are implemented;
To oversee Financial Crime Prevention Monitoring reviews for, Fraud Prevention and Sanctions Compliance;
To exercise oversight of Financial Crime Risk compliance testing in accordance with local regulation including Customer Due Diligence (CDD), Enhanced Due Diligence (EDD) sanctions, training, Suspicious Activity Reports (SARs) as appropriate;
To produce monthly reports including Management Information to the CE (SMF-19) and AMLC outlining the adequacy of Financial Crime Risk prevention systems and controls
EXPERIENCE REQUIRED:
Must be able to work 5 days in City office
Have significant experience of delivering high quality anti money laundering support for a Bank sector in the UK, with day-to-day interaction with senior executives.
Demonstrate strong technical skills in UK financial crime law and regulation and a solid understanding and working knowledge of financial crime risk and responsibilities.
Demonstrate reasonable awareness of relevant regulation and law across centers in which the corporate clients.
Be able to demonstrate proven depth in the core areas of Financial Crime, and be able to quickly apply a combination of technical and commercial thinking to a business issue.
Experience of working with stakeholders at Board/ ExCo level
For further information please contact Hannah Tabatabai
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