Senior Quality Control Officer, Trade Finance/Financial Crime

THE COMPANY:

Our client is a a global banking group with offices based in the City.  They are looking to hire a Senior Quality Control Officer with experience in Trade Finance and Financial Crime.

THE RESPONSIBILITIES:

• Overseeing a team of Quality Control reviewers to determine whether Financial Crime Control process outputs meet the established quality objectives set out in the department procedures.
• Ensuring consistency of application of the department’s screening standards against existing financial crime controls and regulatory benchmarks and ensuring that audit trail and record keeping is completed as per department procedures.
• Acting as a final reviewer of transactions reviewed by the team and testing assessments of the first line to ensure business is conducted in line with the risk and compliance policies.
• Together with the Senior Manager Quality Control, monitoring the performance of the Operations analysts to ensure that the transactions are always compliant with the UK applicable rules & regulations.
• Identifying any financial crime trends/concerns or control weaknesses to the relevant stakeholders including the proposal of improvements and the implantation of effective control improvements.
• Ensuring that the results of the QC reviews are communicated to the Operations team and are addressed in a timely manner.
• Escalating errors and exceptions identified during QC reviews in accordance with the department procedures and the validation of action plans to address QC findings.
• Pro-actively engaging with the Operations teams at all levels and building collaborative, effective relationships across the business and providing advice and guidance to them on Financial Crime Control processes and their application in a BAU environment.
• Supporting general QC trade-based activities and other duties, including special assignments and preparation of reports for presentation and submission to the relevant committees.

EXPERIENCE REQUIRED:

• At least 5 years of work experience within financial crime control area of a bank with product experience of trade finance.
• Experience in Financial Crime Compliance or Regulatory Compliance; Quality Control/Assurance; Testing/ monitoring Function.
• Overall knowledge of Microsoft Office (Excel, Word and Outlook).
• Knowledge of using Sanction, PEP and adverse media screening tools/software.

For further information please contact Hannah Tabatabai