Legal Senior Director - London, United Kingdom - Morgan McKinley

Description

To manage the EMEA Client On-boarding function of 16 FTE. Role will manage this functionacross the region along with the respective European Branches / Subsidiaries.
Oversight of new clientpipeline, periodic reviews and overnight client screening.

The role holder is also responsible in a leadership and management capacity for hiring and development,resource management, product expertise and all other relevant management responsibilities forthe Client On-boarding Function.

AML/KYC technical expertise, sound decision making, risk awareness and managementexperience to support the team.
Provision of EMEA wide support, including to Continental Offices where required.
Ensure the functions KYC & Tax regulatory responsibilities are understood withprocesses and controls established to ensure compliance.

Ensuring that the Company complies with the relevant KYC and anti-money launderinglegislation, regulation and guidance, including the Money Laundering Regulations 2007,section 6.3 of the FSA Handbook (Senior Management Arrangements, Systems andControls - Financial Crime) and the Guidance issued by the Joint Money LaunderingSteering Group.

Ensure the applicable regulatory due diligence has been conducted on all new andexisting clients.

Ensure the effective running of the Client Onboarding team to ensure all day to dayactivities are completed, identifying operational issues, taking steps to mitigate risk byenhancing operating process & systems.

Work with the business to manage client On-boarding pipeline and complete periodicrolling client account reviews for all the firm Liaise with Credit, Legal and Compliance to ensure relevant approvals have beengranted.

Key point of escalation for all Client and stakeholders both internal and external to thefirm, in relation to all Client On-boarding tasks.

Produce regular and detailed MI to ensure senior management across entities are fullyaware of workload and throughput.