Business Risk Control Specialist, Periodic Reviews

jobs.jerseyeveningpost.com-job boards; United Kingdom; On-site; GBP 60,000 - 80,000; Full time

Job summary

A financial services firm in the United Kingdom is seeking a Business Risk Control Specialist to provide essential risk-related advice and ensure compliance with regulations. The role involves monitoring transactions, liaising with compliance teams, and providing training on AML. Candidates should have 5-7 years of experience in risk management, especially within financial services. Professional growth and skill development opportunities are available.

Benefits

Opportunities for professional growth

Collaborative environment

Training and career development

Qualifications

• 5-7 years in Business Risk Management or Control.
• Significant experience in financial services risk management.
• Thorough understanding of regulatory requirements.

Responsibilities

• Advise on client issues related to AML and sanctions.
• Liaise with Compliance and Management on regulatory issues.
• Conduct training sessions on AML regulations.
• Monitor client transactions for compliance.

Skills

Risk Management

Compliance Management

Anti-Money Laundering (AML)

Regulatory Frameworks

Job description

Overview

Our client is seeking a Business Risk Control Specialist to provide first line risk-related advice and assurance to stakeholders across various Business Units and corporate functions. This role is essential in ensuring compliance with regulatory requirements and internal policies, fostering a culture of quality and transparent risk ownership. The position is not open to relocation or sponsorship; only Jersey residents are eligible to apply.

Responsibilities

• Advise the team on client issues relating to Anti-Money Laundering (AML), sanctions, and potential sanctions
• Liaise with Compliance, Operational Risk, and Senior Management regarding these issues to ensure compliance with regulatory frameworks
• Provide support for risk-based investigations and analyses, including on-boarding, trigger events, and transaction monitoring
• Arrange and deliver training sessions on AML and relevant regulations to International Client Solutions teams
• Conduct ongoing monitoring of client transactions and sources of funds as necessary
• Perform retrospective monitoring of all AML-related matters, ensuring adherence to procedures
• Develop and maintain collaborative relationships with Relationship Managers, Portfolio Managers, and Internal Audit concerning client on-boarding and periodic reviews
• Facilitate the Business Acceptance Committee Forum to ensure that all new clients meet prescribed criteria without exposing the company to excessive risk

Qualifications

• Type of Qualification: Risk Management
• Experience Required: 5-7 years in Business Risk Management/Control and Onboarding
• Significant experience in risk, governance, and compliance management within the financial services industry
• Thorough understanding of regulatory requirements and operational risk matters

What You\'ll Love

This role offers the opportunity to be pivotal in maintaining and enhancing the jurisdiction\'s reputation. You will work in a collaborative environment with opportunities to develop your skills in regulatory oversight, policy creation, and risk-based supervision. The organisation values professional growth and provides ample opportunities for training and career development.

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