Provide specialist advice consistent with Group and UK policies/standards and legal and regulatory requirements, particularly in relation to anti-money laundering ('AML) and financial sanctions, anti-bribery and corruption.
Conduct high quality and insightful AML analysis and articulate clear guidance to inform opinion on how best to identify and respond to financial crime risk, and provide formal reporting to the AML Committee and other fora.Identify opportunities to improve AML analysis and reporting.
Review Politically Exposed Persons and other higher risk referrals, to assess financial crime risks and assess appropriate level of risk and agree the appropriate level of risk.
Ensure all associated records are updated and maintained.
Review contract and deal specific documentation for financial crime risk and identify options to mitigate those risks in consultation with other specialists (e.g. more senior colleagues and Legal).
Act as escalation point for junior colleagues for more complex financial crime queries and issues.
Act as a compliance contact for the business in relation to core knowledge areas.
Represent UKFS in Client Acceptance Committees, New Activity Committees and other internal forums related to higher-risk clients, products and risks.
Report any knowledge or suspicion of money laundering or terrorist financing using the bank's internal SAR escalation process.
Report any breaches of legislation or bank policy using the bank's breach reporting procedure and escalate issues.
Maintain up-to-date awareness and understanding of UK requirements, particularly in relation to Anti-Money Laundering, Financial Sanctions and FCA Handbook (in relation to Financial Crime) and FCA Financial Crime Guidance.
Prepare formal reporting to financial crime related committees and fora.
Prepare the development and delivery (where necessary) of financial crime training.
Manage and deliver small-scale Compliance projects.
Professional qualification and prior experience of providing financial crime advice in a Compliance role in a UK regulated bank.
Detailed knowledge of UK financial crime risks, including money laundering, sanctions, bribery and corruption and how they apply to the banking system.
A good understanding of UK, EU, US and other financial sanctions regimes
Knowledge of key principles of the current UK regulatory environment for financial crime and an understanding of future developments.
An ability to translate knowledge and experience into recommendations to improve team operating practices.
Good stakeholder management skills and ability to work with a number of varied stakeholders across the Group
Excellent written and oral English skills in order to articulate technical issues and effectively communicate with individuals across the business.
Computer literacy and a good understanding of relevant specialist Compliance software. Skilled in the use of a range of standard computer software, e.g. Microsoft Office and a good understanding of relevant specialist Compliance systems and software.
If interested, please apply below. Alternatively, email email@example.com
In our company values we aim for equity at all stages of the recruitment process, please let us know if we can do anything to make the process more accessible to you.