Financial Crime Advisory Officer required for a leading international corporate & investment bank based in London.
You will be part of a Financial Crime Advisory team responsible for providing for Global Markets – including, areas including AML, fraud, AB&C, sanctions, PEPs and high-risk clients.
Role requirements for Financial Crime Advisory Officer:
•Provide technical financial crime compliance advice across business areas, on regulatory issues and industry changes, by assisting the business to comply with group Polies and UK regulatory requirements (i.e. with regards to anti-money laundering, financial sanctions and broader financial crime issues.
•Review PEP and other higher-risk referrals (e.g. from the Due Diligence Team, business areas in London or internationally), to assess financial crime risks and agree appropriate level of risk for each referral. To ensure all relevant records are updated and maintained accordingly, to ensure appropriate audit-trails for decisions.
•Review contract and deal specific documentation to asses for the presence of financial crime compliance risk (e.g. sanctions, bribery, money laundering, etc.), to identify options to mitigate identifiable risk (in consultation with other specialists – e.g. Legal).
•Represent the financial crime function in Client Acceptance Committees, New Activity Committees and other internal forums related to higher-risk clients, products and risk in the operating/business environment.
•Provide advice consistent with (and ensuring appropriate application of) Group policies and applicable legal and regulatory requirements, particularly in relation to anti-money laundering (‘AML) and financial sanctions, anti-bribery, and related AML or Financial Crime policies and procedure.
•Maintain up-to-date awareness and understanding of UK requirements, particularly in relation to Money Laundering Regulations (or equivalent), Financial Sanctions (e.g. UK, France, EU and US OFAC) and FCA Handbook (in relation Financial Crime) and FCA Financial Crime Guidance (i.e. ‘core knowledge’).
•Applying understanding of core knowledge when supporting/advising CIB business areas and support functions.
•Competently demonstrate key AML analysis and articulate clear guidance to inform opinion on how best to identify and respond to financial crime risk, including, inter-alia, via formal reporting to the AML Committee and/or a senior business forum.
•Prior experience working in a financial crime advisory environment – including AML, Sanctions and/or anti-bribery systems and controls in a UK CIB.
•An advanced and broad understanding of general AML risk issues in a CIB environment, such as, IB product, intra-jurisdictional AML and sanctions risk and client-type risk.
This is an exceptional bank with excellent career growth and opportunities. They offer a hybrid working set-up. They are at the cutting edge of technology and are a brand that you will be proud to work with.
Please note, should feedback for the Financial Crime Advisory Officer not be received within 28 days due to the large volume of applications; unfortunately, your application has been unsuccessful. However, I may be in touch with similar relevant opportunities in the future.