Aml Manager - Cardiff, United Kingdom - Chamberlain Career Management Limited

Chamberlain Career Management Limited

Verified Company

Cardiff, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

AML Manager

Location:
remote

The Bank:

For over 50 years they've been making a difference to the lives of their customers, helping them achieve their hopes and dreams.

The Bank is majority owned by a charitable foundation that awards grants to registered charities in the UK and overseas.

As the foundation is funded by the profits generated from the bank, there is a significant drive for success amongst employees.

They focus on Savings, Mortgages and Commercial Lending - the latter lending to professional property developers and investors throughout the UK.

The bank has ambitious and exciting growth plans which this role is part of.

Role Purpose:

To provide a centralised onboarding service to ensure compliance with the Bank's regulatory and statutory obligations. To be first point of contact for queries and provide support to the Commercial Lending team. This is a first line role reporting into theHead of Credit.

Responsibilities:

General

Accountability and oversight of Onboarding KYC processing for Development, PBTL and Residential loans
Develop and execute a quality and training programme for onboarding of KYC and delivery to members of Commercial Lending Team
Assessing the adequacy of policies, processes and controls, preparing reports for senior management
Act as referral point for AML/KYC queries and providing resolution, and act as central contact between Commercial Lending and the Compliance team
Provide support for ongoing KYC processing as required

Anti-Money Laundering

Developing and maintain a good understanding of antimoney laundering and financial crime legislation, and a comprehensive understanding of client due diligence requirements
Provide ongoing support and guidance to the Commercial Lending Team in respect of antimoney laundering and financial crime and complex issues and queries for Onboarding KYC
Provide support and cover for Ongoing KYC, as required
Maintaining a working understanding of the Bank's antimoney laundering and financial crime policies and procedures
Maintaining a good knowledge of potential red flags regarding the client and work types across the Bank and the jurisdictions within which the firm's clients are
Lead efforts to assess, evaluate and make recommendations to management regarding process and policies relating to KYC procedures
Oversee processes ensuring that the right people have access to the right level of information at the right time

Training & Awareness

Raise awareness, and develop a robust ongoing training program on Anti-Money Laundering processes
Deliver and plan 'onthe job' training sessions to all staff within Commercial Lending, and at induction for new starters.

Operational Resilience

Carry out appropriate testing, sampling and auditing of processes for operational resilience
Report to senior management and make recommendations for improvements

Group Support

Keep abreast of regulatory, legislative and industry developments and ensure policy, training and advice remains current
Develop and maintain good knowledge of all company policies and procedures and legislative/regulatory requirements. Including but not exhaustively; Conduct Rules, Data Protection, Money Laundering, etc.
Undertake any other reasonable tasks as and when requested by management

Skills, Knowledge, Experience & Education:

Expert in AML legislation
Excellent stakeholder management and communication skills
Strong presentational skills
Proactive and persistent
Impartial
Ability to work autonomously
Good analytical and investigative skills
Accuracy and attention to detail
Planning and organizational skills
Able to work to set procedures
Able to remain calm under pressure
3 years' experience in Financial Crime for a bank or Financial Institution
Experience of training staff
Experience of auditing/sampling of processes and controls
Experience of working in 1st line of defence.
Educated to 'A' level standard education, as minimum degree desirable
ICA Diploma in AML, Financial Crime, or equivalent

The Opportunity:

This is the chance to join a '50+ yearold startup' that has a history of innovation in their markets, and their people are the drivers for this
They ensure employees feel valued recognition is key at the bank, and it's in their nature to celebrate great work done by their people
The bank has ambitious growth plans that for the right people can lead to substantial career opportunities
A competitive basic salary is on offer plus excellent pension and various other competitive benefits
The position comes with flexible working, and you can be based anywhere in the UK