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80, plsu banking benefits
On behalf of the London Branch of a Corporate Bank we are seeking to recruit a MLRO SMF 16 - SMF17 to manage and control the Banks compliance with Anti-Money Laundering regulations ensuring effective systems and controls are in place.
Develop and implement the compliance strategy for the Branch to meet the Regulatory requirements.
Prepare and undertake a risk-based annual Compliance Monitoring Programme and report any deficiencies to Senior Management
Maintain Compliance Record-Keeping
Actively support and advise the Senior Management and the staff on the relevant compliance regulations and matters.
Ensure that the Branch management and staff understand and address all applicable regulations.
Review and update Branch policies, procedures and processes.
Keep Senior Management and/or related departments notified as to applicable regulatory returns to be completed and timeframes for submission to the FCA/PRA/other Regulators.
Assist Senior Management in liaison with regulatory agencies,
Provide training on Compliance and Financial Crime related matters to the Branch staff.
Report monthly and on an ad-hoc basis (when necessary) to the Managing director and Senior Management on Compliance related matters
Prepare annual Compliance and MLRO reports.
Maintain an awareness of current AML regulations and legislation and ensure that changes are reflected in the Banks policy and procedures and disseminated to staff as appropriate;
Ensure that staff in the Bank receive proper training in anti-money laundering matters;
Ensure that own continuous training and development is maintained in order to discharge MLRO responsibilities;
Receive Suspicious Transactions Reports from staff, investigate them where appropriate and advise staff of required action in a timely manner;
Act as a principal point of contact for all staff on AML matters;
Act as the FATCA/CRS Responsible Officer and ensure FATCA/CRS requirements are met;
Provide regular Management Information reports to our Parent Company and other ad hoc reports as required;
Plan and execute ongoing monitoring reviews of higher risk clients and internal AML controls on a risk based approach;
Deliver and maintain Annual Compliance and Financial Crime Risk Assessments;
Prepare subject related and/or management related reports on compliance, AML , KYC or Financial Crime
Able to communicate with the regulators or other government bodies
Skills and knowledge:
Extensive relevant experience in a similar role within financial services industry.
Strong communication, co-ordination and leadership skills - ability to discuss and reach agreements with personnel at all levels and with diverse background.
Degree in a technical or professional subject.
Please send a copy of your CV to Barbara@bhal.co.uk or call on 0207 972 9460 or 07768 863242
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