Description:
You will deputise for the MLRO, managing a team of three Financial Crime Compliance Professionals. Providing advice to first line operational functions and other areas of the business as appropriate.
- DMLRO: Support the MLRO in the development and ongoing management of our AML policies and procedures in line with statutory obligations and company risk appetite
- Operational excellence: Provide expert guidance to both 1LoD and 2LoD operations and review escalations related to suspicious activity, sanctions, PEPs, adverse media, complex ownership and high risk customers
- SME: Act as a SME for both current and emerging regulatory obligations ensuring our assessment and subsequent management of risk is appropriate and aligned to the company risk appetite on an ongoing basis
- External stakeholders: Liaise with Law Enforcement, regulators and Partner Banks as a primary point of contact for investigations, reporting, audits and other ad hoc requests
- Internal stakeholders: Establish strong relationships with applicable stakeholders and become the go to person for FC advisory within the business
- Training: Develop targeted training for 1LoD and 2LoD financial crime teams and other parts of the business
- MI: Establish and maintain a MI framework and highlight financial crime risks to the business on an ongoing basis
- Controls: Feed into the ongoing maintenance of onboarding and ongoing due diligence controls. Bring hands on experience to assess and update existing controls to at a minimum industry standard
- Assurance: Liaise with second line assurance and third line audit functions to ensure framework and controls are effectively tested as appropriate periodically
We’re Looking For 🔎
Required skills:
- A solid understanding of complex ownership structures for SME businesses in the UK and US as a minimum.
- Complex Investigation skills required whether it be from ownership structures at onboarding to unravelling complex transaction patterns on an ongoing basis
- Able to communicate effectively with stakeholders at every level in the organisation
- Able to manage multiple ongoing projects both within the FinCrime space and in product development.
- Experience in building out a second line Financial Crime Compliance team.
- Ability to maintain external awareness of the regulatory environment, ensuring risk assessment and policies and procedures are updated as required.
- Previous management experience within Financial Crime and appropriate industry accreditation such as ICA Diploma or ACAMs.
Nice to have skills:
- Strong presenting skills, able to break complex subject matter down into simple terms.
- Experience with SQL and strong Excel skills