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Assistant Manager, Compliance Financial Crime Prevention - London, United Kingdom,

£30k

Our client is an International Banking that is currently recruiting Assistant Manager, Compliance Financial Crime Prevention to join their team at London office;

Job Purpose:

  • Have a general understanding of the relevant Regulators rules, anti-money laundering legislation, Proceeds of Crime Act & Fraud Act and ensure the Bank conducts its activities in accordance with regulatory requirements

Area of Responsibility

Responsibilities:

  • Have a good understanding of: the relevant FCA rules; anti- money laundering legislation; Proceeds of Crime Act & Fraud Act and assist with ensuring the Bank conducts its activities in accordance with regulatory requirements
  • Remain up-to-date with regulatory and legislative developments
  • Carry out SAR evaluations acting as a central point of contact for all SARs disclosures and for communication with relevant authorities including NCA
  • Review and conduct investigation on AML\KYC alerts generated from the Bank's transaction monitoring and name screening systems
  • Assist the Financial Crime Prevention Team in producing periodic management (MI) and reports on AML.
  • Resolution of KYC referrals and provide guidance to the business units
  • Assist with Compliance Monitoring Reviews including completion of fieldwork, identification of findings and report writing
  • Respond to enquiries from law enforcement agencies and regulators and provide full cooperation with enforcement with law enforcement authorities as necessary
  • Assist with the preparation and implementation of policies and processes to help mitigate financial crime risks and maintain compliance
  • Assist in the development and delivery of financial crime training
  • To undertake projects and assignments from time-to-time as directed by management

Technical Skills and Competencies

* Good awareness of regulatory issues
* Good understanding of Anti-Money laundering rules
* Good analytical and communication skills and problem-solving
* Ability to work to tight deadlines
* High level of accuracy and attention to detail
* Able to deal with internal and external queries and referrals in a timely manner
* Able to work independently and as a part of a team
* Good computer literacy and knowledge of Microsoft Word/Excel