Financial Crime Officer required to sit within the Bank’s mortgage lending business carrying out a broad range of financial crime responsibilities within Financial Crime Operations.
Key Responsibilities
- Support the lending team’s financial crime decision making, including when it is appropriate to request an EDD report or escalate matters to the second line financial crime team
- Undertake PEPs and Sanctions Screening
- Managing Dow Jones alerts
- Ongoing monitoring and periodic reviews
- Management and oversight of customer risk assessments, categorisation, and ongoing management
- Reviewing SIRA matches and ensuring adequate reporting of fraud
- Providing training, knowledge and support to lending teams on financial crime matters
- Develop, improve, and promote AML and CDD processes within the first line
- Act as the lending team’s initial point of contact for advisory support and guidance on AML regulatory requirements, regulatory change and emerging risks
- Help with the review and update of CDD and EDD related processes and associated procedures
- Identify ways in which the Bank can achieve operational efficiencies, enhance broker and customer satisfaction, and reduce financial crime risk across our AML and CDD processes
- Assist with the implementation of risk management programs/frameworks while identifying and minimising negative impacts on the business,
Required knowledge and experience:
- Three years minimum AML experience within a bank or other financial services organisation
- Knowledge of UK and EU AML and ATF legislative and regulatory requirements and expectations
- Familiarity with the AML/ATF risk associated with various products, customers and jurisdictions
- Understanding AML risk assessments and the application of risk-based methodologies
- Knowledge of the Sanctions regime
- Experience in assessing both simple and complex financial crime risk associated with both individual customers and complex company structures, charities and trusts.
Desirable knowledge and experience:
- Experience working within the mortgage sector, and if possible within firms that utilise intermediary distribution channels;
- Relevant professional qualifications such as ACAMS, ICA or equivalent preferred
Please note, should feedback 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.