We have been instructed by an international corporate & specialist finance bank who has their European hub in London. They provide a range of corporate banking, transactional and real estate services.
THE RESPONSIBILITIES:
Act as an escalation point for financial crime compliance queries
Work with the DMLRO to ensure staff in the Bank receive a proper Financial Crime advisory service.
Responsible for managing KYC, ABC, sanctions and fraud -related escalations.
Provide training and guidance to the first line of defence on financial crime risks and control requirements.
Perform 2nd line assurance reviews as determined by the financial crime prevention monitoring plan and ensure reports are produced on a timely basis.
Maintain strong front office engagement to help identify and facilitate other strategic risk assessments.
Partner with other teams across the Bank to deliver enhancements to processes and client experience, ensuring they adhere to the Bank policies and procedures.
Support critical financial crime actions following audits and reviews.
Deliver financial crime gap analysis, identifying areas for improvement and ensuring that the bank remains compliant with evolving regulations.
Conduct regular horizon scanning to stay ahead of emerging financial crime risks and regulatory changes.
Support the DMLRO with the review of Suspicious activity reports, financial crime – related investigations, or any projects as required.
Update compliance desktop procedures and record maintenance.
Support the preparation and maintenance of Management Information.
Assist with the preparation of regular Management information reports to the Senior Management, Audit committees the Head Office and other ad hoc reports as required
Updating policies and guidelines
EXPERIENCE REQUIRED:
Previous experience in 2nd Line Advisory within Financial Crime Compliance
Broad financial crime regulatory knowledge and practical experience of the following: JMLSG, ML regs, POCA 2002, TACT, SAMLA, ECCTA, Bribery Act 2010, FCA Handbook and International Sanctions
An understanding of industry- wide financial crime practices and trends
Strong second line experience
Credibility dealing with senior stakeholders
Excellent stakeholder management experience with a focus on interaction with the Business.
Ability to be take initiative and think outside the box whilst introducing and enhancing control processes, reporting and oversight.
Effective solutioning, and ability to balance risk and practicality to determine appropriate action/ solutions
For further information, please contact Duncan Jeffery
