Description
An excellent opportunity has arisen at my Edinburgh based client.
We are looking for a Financial Crime/AML consultant for an initial 2 month contract. The key skills required for this role are as follows: AML (Anti Money Laundering), ABC (Anti-Bribery Checklist), CTF (Counter Terrorism Finance), KYC (Know Your Customer), STF (Sanctions & Terrorist Financing) and MLRO reports.
Our ideal candidate will require previous AML experience which is more focused on; AML policies rather than operational processes; Risk & Controls and Assurance checking.
The main duties for this role are:
* Providing assistance on a variety of money laundering, financial sanctions, terrorist financing and bribery and corruption issues to business units and relevant stakeholder across the business
* Accountable to continually identify and understanding new and emerging money laundering and terrorist financing threats/patterns and articulating the requirements for the business decision rules that form the core of the AML/CTF electronic monitoring programme.
* Decision making on high risk areas such as exception to existing KYC policy; matches found on Sanctions Lists checking, advising on suspicious case, undertaking Politically Exposed Person review. * Responsible of AML standards definition - research and development of the Policy
* Key risk indicators development and management across the business
* Undertake new business/client/products assessments and assess the effectiveness of the controls in place
* Regular assurance and reviews of all AML/CTF controls across the business
* Providing Management Information, including MLRO Reports, monthly summaries, support ad-hoc information requests from regulators
* Provide AML/CTF Subject Matter Expert support to Bank Transformation Programme and any other future projects as they arise