Manager of Financial Crime/ DMLRO

Compliance Professionals; Greater London; On-site; GBP 90,000 - 120,000; Full time

Job summary

Compliance Professionals in London is seeking a Senior Financial Crime Lead to head the Financial Crime Team and oversee the UK regulatory framework.

You will manage the day-to-day operations of the Financial Crime Framework, oversee AML/CFT, sanctions and due diligence, and prepare MLRO reports. The role requires 10+ years of UK regulated bank experience and strong stakeholder management.

Qualifications

• Strong knowledge of UK Financial Crime legalisation and UK regulatory framework.
• Minimum of 10 years of strong financial crime experience in a UK regulated whole bank.
• Experience of DMLRO and managing a team.
• Strong stakeholder management skills.

Responsibilities

• Lead and manage the Financial Crime Team.
• Oversee the Financial Crime Framework day-to-day operations.
• Lead financial crime risk assessments and regulatory reporting.
• Oversee AML, CFT, sanctions, fraud prevention and customer due diligence.

Skills

Regulatory knowledge

Stakeholder management

DMLRO experience

Leadership

Job description

THE COMPANY:

Our client is an international financial services company focusing on wholesale and corporate banking activities.

THE RESPONSIBILITIES:

• Lead and Manage the Financial Crime Team.
• Manage the day-to-day operation of the Financial Crime Framework.
• Responsible for the financial crime risk assessment
• Oversee AML, CFT, sanctions, fraud prevention and customer due diligence activities
• Review regulatory publications, enforcement actions and lessons learnt from industry events
• Responsible for the financial crime elements within the Compliance Monitoring plan, ensuring monitoring tasks are risk based and effective.
• Provide regulatory advice and guidance to business on financial crime matters in addition to any other relevant stakeholders as required.
• Work will relevant stakeholders and implement regulatory developments.
• Lead the preparation for the Branch’s MLRO report
• Manage Financial crime related audit findings, investigations and review and any remediation activities.
• Prepare Management information and governance reporting.
• Oversee financial crime training and awareness
• Support new business initiatives, products and services by providing financial crime advice and assessment.
• Monitor effectiveness of Financial Crime systems and controls
• Develop and maintain financial Crime policies, procedures and controls.
• Work closely with Global Compliance office ensuring that London Financial Crime framework is aligned to Head Office global standards where relevant and feasible
• Escalate material matters in a timely manner to MLRO
• Undertake such other duties and responsibilities

EXPERIENCE REQUIRED:

• Strong Knowledge of UK Financial Crime legalisation and UK regulatory Framework
• Minimum of 10 years of strong financial crime experience gained in within a UK regulated whole bank
• Previous experience of DMLRO and managing a team
• Strong stakeholder management skills