Our client is a well regarded corporate bank offering a variety of deposit and lending products, as well as treasury and foreign exchange services.
THE RESPONSIBILITIES:
Assist in maintaining and promoting a compliance culture appropriate to meet regulatory requirements and in line with industry best practices.
Keep abreast of developments in relevant laws, regulations and guidelines.
Provide advice to staff on compliance issues which arise on a day-to-day basis.
To keep abreast of new regulations for the timely review and adoption of relevant changes considered necessary within the firm.
Carry out quality assurance monitoring of First-Line review activities
Check Compliance with the Bank’s AML due diligence procedures for Account Opening, Trade Finance, Periodic Reviews and Transaction Monitoring.
Investigate fully reports from staff concerning money laundering suspicions and actual or attempted fraud.
Assist with preparation disclosure reports to NCA, as and when required.
Assist to respond to requests for documentation and other requirements contained in court orders.
Assist in preparing and arranging delivery of Compliance and Anti-Money Laundering training to staff in conjunction with the MLRO.
Assist in reviewing Conduct of Business Regulatory Compliance activities as directed by the Head of Compliance.
Arranging formal training for members of staff on money laundering controls and other relevant regulatory matters as appropriate to their job functions.
EXPERIENCE REQUIRED:
Compliance Generalist with Merchant Banking or Trade Finance experience. Please note that this is NOT a pure AML or KYC position.
Experience gained in a financial services/banking environment.
Technical ability and knowledge of relevant legislation and the FSA regulatory environment.
Experience of compliance with UK Money Laundering regulations and guidance.
For further information please contact Natalie Eshelby
