Financial Crime Manager

JOB SUMMARY / INTRODUCTION

As the Financial Crime Manager, you will be supporting the MLRO in relation to all financial crime matters including Anti-Money Laundering (“AML”), Due Diligence, Anti-Bribery Anti-Corruption (“ABC”), Fraud prevention and detection; and Sanctions.

As a Financial Crime Manager, you will work with and lend expert guidance to the business and various stakeholders to ensure the ongoing compliance of AML/CFT control framework and procedures in the UK.

KEY RESPONSIBILITIES

• Developing and maintaining policies and procedures in respect of AML, Due Diligence, ABC, Fraud prevention and detection; and Sanctions.
• Providing guidance to the business on JMLSG, FCA, UK Bribery Act, relevant Sanctions lists and any other applicable rules/guidance.
• Providing financial crime subject matter expertise and other support as required for the UK business and senior management.
• Keeping up to date with developments in Financial Crime regulation and industry best practice and implementing changes where necessary.
• Performing gap analysis against Group policies and procedures
• Providing guidance to the KYC Team and Relationship Managers (“RM”) on Higher risk clients
• Providing advice and guidance to the KYC Team and RM on specific enhanced due diligence requirements for Higher risk clients and complex cases.
• Making decisions based on escalations received from the Transaction Monitoring Team in relation to the referrals for Sanctions, PEPs, and Adverse media.
• Providing analysis/recommendation in relation to escalations to the MLRO
• Understanding the reporting obligations and legal requirements in assigned jurisdictions to ensure submission of high-quality SARs, including liaising with the Financial Intelligence Units
• Assisting the MLRO with responses to requests for information from the FCA or Law Enforcement Agencies (Production Orders etc.)
• Ensuring the appropriate MI is provided to Committees and Head Office on a regular basis
• Assisting the Compliance Monitoring team in their design and testing for financial crime related reviews.
• Assisting in ensuring that there is proper coordination with external auditors, local/Group internal auditors to ensure smooth delivery of duties/tasks and that exceptions raised are properly followed- up.
• Supporting the MLRO with the completion of Risk Assessments
• Managing follow-ups on corrective actions arising from the CMP, audit actions and risk assessments.
• Devise and deliver training to the branch and head office where required
• Assisting the MLRO in the preparation of the annual report.
• Assisting the MLRO in the preparation of the Financial Crime Report to the FCA.
• Perform other additional tasks as required from time to time as directed by the MLRO (UK) or the Group Head MLRO in the head office.
• Managing UK’s compliance with standards, internal and Group policies and procedures and regulations for financial crime.
• OTHER AUTHORITIES AS DIRECTED BY THE HEAD OF INTERNATIONAL COMPLIANCE & CORPORATE GOVERNANCE IN THE LEGAL & COMPLIANCE DIVISION (HEAD OFFICE).

REQUIREMENTS / QUALIFICATIONS

• Bachelor’s Degree or other Professional Qualification in Management, Banking or Finance, preferably with certification in compliance, or AML.
• Relevant experience preferably with working experience in Banking sector, and good knowledge of both Personal and Corporate Investment Banking.
• Able to review, interpret and communicate and apply AML/CFT legal requirements in a commercial fashion
• Experience of dealing with international law enforcement/third parties
• Relevant experience in a Compliance or Audit role.
• Excellent demonstrable working knowledge of UK banking regulation. Ability to work under pressure and to tight deadlines.
• Very strong written and presentation skills.
• Strong analytical, interpersonal and communication skills with excellent attention to detail.
• Proactive, with the ability to generate ideas, think creatively and develop innovative solutions.
• Fluent in English with strong written and verbal skills.
• Confident in learning new IT systems / application and use of software
• DISCRETE AND HAS SENSE FOR INTEGRITY AND HANDLES HIGHLY SENSITIVE INFORMATION WITH ABSOLUTE CONFIDENTIALITY.

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