Description
Associate Director - FCC Surveillance & Operations, UK
*This role is an exciting opportunity for contractors (PAYE, inside IR35) at the most prestigious multinational investment bank in London!*
Reports to: Head of Financial Crime Investigations
Business Unit: UK FCC
Job Family: Surveillance & Operations, FCC
Location: London UK
The Role:
A London-based second line of defence role within the UK FCC Surveillance & Operations team. The role holder will undertake investigations into potentially suspicious activity covering the UK business. The role supports the UK Nominated Officer/Head, FCC, UK fulfil their legal obligations with respect to reporting suspicious activity.
Qualifications:
- Good knowledge of financial crime investigations and local regulations, legislations regarding AML/CTF and sanctions and the UK DAML regime.
- Understanding of a correspondent banking business beneficial.
- CISI/ACAMS or equivalent beneficial.
Strategy:
- To support the Bank's Financial Crime Compliance function (FCC) in ensuring that the Bank operates in accordance with all legal and regulatory requirements and all Group standards relating to anti-money laundering and counterterrorism financing (AML).
- To support the Nominated Officer in fulfilling their legal obligations to file suspicious activity reports as per the Proceeds of Crime Act 2002.
- To manage and conduct investigations that detect and report suspicious activity to governmental authorities and enable the Bank to form sound judgments concerning reputational and other risks and meet expectations of regulators and other compliance stakeholders.
Processes:
- Provide advice to relevant stakeholders on compliance with Group standards relating to AML.
- Wherever applicable ensure external SAR reports are properly prepared and filed with the applicable law enforcers as per local regulation requirements.
- Respond promptly to any regulatory requests relating to AML and CTF.
Risk Management:
- Understand technical aspects of systems relevant to CDD, Client Risk Assessments, Name and Transaction Screening, AML Monitoring and Case Management.
- Align/support with the alignment of relevant systems and controls to industry best practice and close out any compliance gaps.
- Apply Group and FCC policies and processes (AML surveillance, client screening, risk assessment) to manage risks.
Think you have what it takes?
If you are interested in a career that will challenge and inspire you - we'd love to hear from you!