Negotiable
Sponsorship is not provided with this role.
Our client, an international Bank, is looking for a London based Corporate/Wholesale Banking Financial Crime. This is a hybrid position, 4 days in the office, 1 day work from home.
The Senior Financial Crime - Corporate Banking will support in managing and strengthening the financial crime compliance framework for the London branch. This role has a strong focus on financial crime, anti-money laundering (AML), sanctions, and anti-bribery and corruption (ABC) compliance. The Senior Financial Crime - Corporate Banking will support in ensuring compliance with UK regulatory requirements and mitigating financial crime risks.
Duties will include (but not limited to):
Maintain and enhance the financial crime compliance framework, including policies, procedures, and controls, ensuring compliance with UK laws and regulatory requirements.
Support to ensure the Branch comply with the Money Laundering, Terrorist Financing, and Transfer of Funds (Information on the Payer) Regulations 2017.
Assist to oversee the branchs compliance with FCA/PRA regulations and JMLSG guidance related to financial crime.
Assist in identifying, assessing, and managing financial crime risks, including AML, sanctions, ABC, and fraud risks.
Support the preparation and submission of Suspicious Activity Reports (SARs) to the National Crime Agency (NCA) and maintain related records.
Conduct regular reviews of the Financial Crime Risk Assessments, escalating issues and recommending enhancements to mitigate risks.
Monitor compliance with UK, Chinese and US sanctions regimes, including screening payments and customer records for sanctions breaches.
Oversee client onboarding processes, ensuring compliance with KYC, Customer Due Diligence (CDD), and Enhanced Due Diligence (EDD) requirements for high-risk customers, including Politically Exposed Persons (PEPs).
Conduct ongoing monitoring of customer activity and ensure accurate maintenance of client files and KYC documentation.
Act as the primary point of contact in the MLROs absence.
Provide advice to staff on financial crime issues and escalation protocols, ensuring that suspicious activity is reported appropriately.
Assist in preparing financial crime-related reports for senior management, Head Office, and regulatory bodies.
Design and deliver AML, sanctions, and financial crime compliance training to staff, fostering a culture of compliance and risk awareness.
Provide tailored guidance to front-office and operational teams on high-risk areas, such as sanctions screening and transaction monitoring.
Assist in preparing for and managing internal and external audits and regulatory inspections related to financial crime compliance.
Ensure timely resolution of any findings or recommendations from audits or reviews.
Support the preparation of reports.
Act as a compliance representative in committees or meetings as required, presenting financial crime updates and escalating significant issues.
Assist in implementing the Compliance Monitoring Programme, with a focus on financial crime-related activities.
Skills & Experience:
Minimum of 10 years relevant experience.
Regulatory Expertise: Strong knowledge of the regulatory requirements for third-country branches in the UK, including FCA and PRA rules, AML regulations, and JMLSG guidance.
AML/Financial Crime Expertise: Significant experience in managing AML, sanctions compliance, and ABC programmes within a regulated financial institution; Practical knowledge of transaction monitoring systems and sanctions screening tools.
Deputy MLRO Experience: Proven ability to fulfil MLRO responsibilities, including handling SARs, managing financial crime risks, and liaising with regulators.
Analytical and Organisation Skills: Ability to manage multiple priorities while maintaining attention to detail and meeting deadlines; Strong analytical and investigative skills to assess risks and identify suspicious activity.
Solid 2nd line of defence experience.
Must come from a wholesale/corporate banking environment.
For more information on this role please contact Sarah Roffey by sending your CV to sarah@bhal.co.uk and quoting ref 16850SR.
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