Head of FinCrime Operations (Interim Temp role)

THE COMPANY:

We have been instructed by an international Private, and corporate bank who has their European hub in London. They provide a range of corporate banking, Private banking and real estate services.

THE RESPONSIBILITIES:

Lead, manage and develop an effective CDD /KYC team

Build and maintain a strong relationship with the MLRO and 2nd Line Financial Crime Compliance.

Ensure a positive and proactive relationship with 1st line of defence and monitoring/audit functions

Proactively manage control effectiveness and relevance in a regulated environment

Keep up to date with regulatory developments impacting the business for financial crime risk

Provide regular and relevant management information

Attend regular Financial Crime meetings and risk committees within the business

The position will have responsibility for the day-to-day management and leadership of

Financial Crime Operations team. Responsibilities for the team include:

• KYC and onboarding of new customers
• Ongoing and trigger driven Due Diligence reviews
• Customer risk management controls, such as exit management and or enhanced oversight
• Transaction Monitoring alert management and initial review
• Sanctions payment screening alert management
• Negative News/Sanctions customer screening alert management and initial review
• General Financial crime risk support, such as Bribery, Fraud and Tax Evasion
• Maintaining operational and effective processes
• Management of regulatory reporting requirements

EXPERIENCE REQUIRED:

• KYC/CDD Leadership experience ideally form corporate/private banking
• Financial Crime experience and knowledge
• Relevant Financial Crime qualification (e.g. ICA diploma or ACAMS)
• Leadership and managerial skills
• Excellent stakeholder management with a focus on interaction with the Business.

For further information, please contact Hannah Tabatabai