Senior Associate

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

Job summary

A reputable banking firm in Greater London seeks a Senior Associate for SAR investigations. Responsibilities include ensuring timely reporting to the MLRO, preparing reports for the National Crime Agency, and compliance with AML regulations. The ideal candidate has strong analytical skills, SARS knowledge, and excellent communication capabilities. This role offers the chance to contribute to significant compliance projects within the dynamic financial sector.

Qualifications

• Working Knowledge and understanding of the local regulatory environment.
• Knowledge of financial services sector.
• SARS knowledge essential.

Responsibilities

• Conduct suspicions activity reporting investigations within timelines.
• Ensure compliance with AML/KYC regulations.
• Prepare and disclose quality SAR reports to authorities.

Skills

Analytic skills

Attention to detail

Strong verbal communication

Strong written communication

Job description

THE COMPANY:Our client is a successful retail and corporate banking firm. They are looking to hire a Senior Associate- SARS on a FTC basis.

THE RESPONSIBILITIES:

• Suspicious Activity Reporting (SAR) investigations within prescribed timelines.
• Ensure timely, efficient reporting of SAR to the MLRO.
• Preparing quality SAR reports and disclose it to National Crime Agency after getting sign off from MLRO.
• Adherence to SAR timelines as described in POCA _flag_ 2002.
• Ensure compliance with Money Laundering Regulations/ JMLSG guidelines and other AML/KYC related laws and regulations.
• Monitoring of System generated reports and identify out-of-pattern transactions and escalation accordingly.
• Reporting of MI pertaining to open actions to Legal & Compliance Committee.
• Assist with review of Compliance Policies and Procedures.
• Ad hoc projects and assignments.

EXPERIENCE REQUIRED:

• Working Knowledge and understanding of the local regulatory environment.
• Knowledge of financial services sector.
• SARS knowledge essential.
• Strong analytic skills.
• Attention to detail and accuracy.
• Strong verbal and written communication.

For further information please contact Natalie Eshelby.