Financial Crime Compliance Manager

Compliance Professionals; Greater London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A specialized finance institution in London is seeking a Financial Crime Compliance Advisor to enhance their financial crime risk management framework. The role involves executing the bank’s financial crime program, reviewing high-risk clients, and developing compliance policies. Candidates must have a solid background in financial crime compliance within corporate or private banking, and strong stakeholder management skills are crucial. This position offers the opportunity to impact the bank's operations while ensuring adherence to regulatory requirements.

Qualifications

• Previous experience in 2nd Line Advisory within Financial Crime Compliance from corporate or private banking background.
• Broad financial crime regulatory knowledge and practical experience.
• Excellent stakeholder management skills.

Responsibilities

• Play a key role in the execution of the bank’s financial crime programme.
• Review and sign-off of high-risk clients including PEPs.
• Develop financial crime related policies and procedures.

Skills

Stakeholder management

Financial crime compliance

Regulatory knowledge

Job description

THE COMPANY:

We have been instructed by an international Private, corporate & specialist finance bank who has their European hub in London. They provide a range of corporate banking, Private banking and real estate services.

THE RESPONSIBILITIES:

• Play a key role in the execution of the bank’s financial crime programme including provision of financial crime advice to the business and carrying out control and review activity.
• Review and sign-off of high-risk clients including PEPs
• Develop and assist with the drafting of financial crime related policies and procedures
• Provide input into the compliance risk assessments
• Support the closure and evidence of Internal Audit raised Issues and actions
• Assess the impact of changing legislation through horizon scanning activities, on the Bank’s financial crime framework, and engage with the business teams to facilitate understanding of any proposed changes
• 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.
• 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 the DMLRO with the review of Suspicious activity reports, financial crime – related investigations an projects as required.
• Update Financial Crime compliance desktop procedures and record maintenance.
• 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

EXPERIENCE REQUIRED:

• Previous experience in 2nd Line Advisory within Financial Crime Compliance from corporate or private banking background
• 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
• Excellent stakeholder management with a focus on interaction with the Business.

For further information, please contact Hannah Tabatabai