Overview

Support the Financial Crime team in ensuring appropriate support and challenge is provided to the business in ensuring that any regulatory risks are raised and managed accordingly. With a particular focus on oversight of the new digital offering.

Client Details

The client is an award-winning bank, providing Real Estate focused Wealth Management solutions, Commercial Real Estate Finance and savings products. They have also recently launced a new digital offering that this role would be heavily invloved in.

Description

  • Act as the Compliance and Financial Crime SME in relation to onboarding of high risk customers
  • Assist with the investigation and remediation of Transaction Monitoring alerts and escalations
  • Ensure that the business considers the impact of Financial Crime rules and regulations, with a particular focus on the Payment Services Regulations, Money Laundering Regulations and PoCA 2002
  • Providing advice to ensure internal processes and procedures are updated to reflect regulatory requirements
  • Produce and maintain management information to enable effective oversight and committee reporting
  • Assist with review of Suspicious Activity Reports
  • Support the management of fraud cases escalated by the first line
  • Monitoring of low/medium risk onboarded customers
  • Advise on policy or procedural changes required to incorporate the identified changes
  • Liaise with members of the Compliance and Financial Crime team as required to ensure alignment with bank policies and procedures
  • Lead due diligence on new providers and outsources on behalf of the team, ensuring that risks are appropriately mitigated
  • Ensure that key Financial Crime regulatory issues are reported to the MLRO with options and recommendations analysed to facilitate reporting to senior management

Profile

  • At least 3 years within a Financial Crime function
  • Prior experience implementing new payment solutions
  • Prior experience with onboarding of GCC customers
  • Strong knowledge of banking and payments, with an understanding of financial crime controls
  • Excellent writing and presentation skills
  • Strong stakeholder management
  • Strong change and project management skills, including the ability to manage time well, prioritise effectively, and handle multiple deadlines

Job Offer

£40,000 to £45,000

Company Benefits

Financial Services

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Page Personnel Finance

£35,000 – £45,000 per annum

Permanent

Associate Financial