Our client is a prestigious wealth firm. They are looking for a Financial Crime Compliance Officer to join the business on a 12 month temp basis.
THE RESPONSIBILITIES:
Conduct all necessary KYC, source of wealth and other compliance checks on all new high risk, PEP and escalated normal and medium risk accounts
The assessment of PEP, financial crime, terrorist financing, fraud, reputational, jurisdictional and tax related risks. Ensure all Approval information and decisions are sufficiently documented per internal procedure.
Provide Compliance guidance to key stakeholders and assist in managing the remediation of documentation
Assist MLRO in preparation and production of material for annual risk assessments and Group requests for information
Conduct the Compliance review of PEP, High Risk and escalated periodic and event driven reviews
The assessment of material changes to source of wealth, PEP, financial crime, terrorist financing, fraud, reputational, jurisdictional and tax related risks
Conduct monthly sample checks on normal and medium risk new accounts
Daily monitoring and release of SWIFT messages picked up on sanctions screening
Daily review and processing of overnight AML alerts for new adverse news reports/criminal activity and investigation of all hits
Daily review and processing of all risk change alerts
Assist with the review of escalated transaction monitoring alerts
Assist staff with interpretation of rules and assist in development of a positive compliance culture
Assist in production of appropriate MI
Daily completion of compliance monitoring tasks as allocated
EXPERIENCE REQUIRED:
Experience working in a financial crime role within a Private Banking/Wealth Management is essential
Experience of working in customer due diligence/KYC and financial crime/AML monitoring roles.
Experience assessing PEP, financial crime, terrorist financing, fraud, reputational, jurisdictional and tax related risks.
Proven track record of writing management information reports on the results of compliance review and monitoring.
In addition to Word and Excel, good experience of working with a variety of internal support bespoke systems.
For further information please contact Natalie Eshelby
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