Client Due Diligence - Sutton, United Kingdom - Page Group

Page Group

Verified Company

Sutton, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Do you have an interest in developing your career within CDD?

Do you want to work for a vastly growing and regulated UK Bank?

Client Details

Crown Agents Bank is a vastly growing and regulated UK bank that connects emerging and frontier markets to the rest of the world, using FX and payments technology.

We are transforming the way payments and FX move through emerging markets, reducing frictionso that more money gets to those who need it.

Emerging markets payments are usually challenging, expensive, unreliable and opaque. Our solutions help fix these pain points.

Ultimately, we connect traditionally hard-to-reach regions to global financial infrastructure,giving access to the best prices and the fastest, most reliable settlement.

FX and cross-border payments are often complex and expensive, especially when operating in emerging markets.

Crown Agents Bank (CAB) wraps its deep and trusted relationships and strength of network around innovative digital capabilities, and cross-bordertransaction banking solutions to enable fintech, corporates, governments, development organisations and banks to move money to, from, and across often hard-to-reach markets.

Description

Role Summary:

Managing a team of CDD professionals whose primary responsibilities involve the management of our First-Line obligations towards the Know Your Client (KYC) and Know Your Client's Client (KYC) for the maintenance of existing, and onboarding of new CorrespondentBanking, Global Markets (FX / Money Markets) and Trade Finance business as well managing the periodic review cycles for these entities.

Role Responsibilities:

To be responsible alongside the Head of AFC operations for all Firstline Financial Crime risks associated with the client on/off boarding and review process
To raise any concerns to the Head of AFC Operations, Chief Commercial Officer and the MLRO on any Financial Crime risks associated with the business
To work closely with the Head of AFC Operations, and the Relationship Manager's within the Front Office team
To be an integral part of the AFC Operations Leadership Team and to work collaboratively across the entire Bank
To streamline client onboarding processes
To contribute and make changes to the bank's procedures for the CDD function ensuring consistent rationale and compliance with relevant regulations
To own the following processes:
New Client Onboarding
Periodic and trigger events reviews
Client sanction screening
Generation and QA of required Management Information to keep abreast of regulatory developments and to distribute industry information/provide training to the CDD team and Front Office, passing on knowledge and market updates which may have an impact onthe bank
To represent Crown Agents Bank at industry forums, conferences, internal meetings and with the Regulator as applicable
To manage internal monitoring and external Audit responses
Provide detailed KPIs and KRIs for Management review that clearly 'tells a story'.
Responsible for capacity planning to ensure sufficient headcount is in place to deal with current and future projected volume growth.
Conduct regular 11s, midyear appraisals and annual appraisals.

Profile

Desirable Skills and Experience:

Extensive experience in all aspects of AML/Financial Crime specifically in CDD Onboarding & Periodic Reviews.
Strong report writing skills
Exceptional interpersonal, communication and stakeholder management experience
Highly organised with strong attention to detail
Strong people management skills
Setting KPIs and Objectives for the team and individuals using SMART methodology

Job Offer

Hybrid working, 2 days per week in our Sutton office.
Contributory personal pension plan:
Minimum: Employee 2% and Employer 7%.

Employer matches contributions in 1% increments to a maximum of:
Employee 5% and Employer 10%

Life Assurance 4 times annual salary
Group Income Protection
Private Medical Insurance this may include cover for partner and or children at company cost. Cover includes Optical, Dental and Audiology
Discretionary Bonus
Competitive Annual Leave
2 Volunteering Days
Benefit Hut