Director Aml/kyc - London, United Kingdom - eFinancialCareers

eFinancialCareers

Verified Company

London, United Kingdom

6 days ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Description

Director, AML/KYC and Sanctions

The Director will be responsible for designing and executing the global strategy for CME Group's Anti-Money Laundering (AML)/Know Your Customer (KYC) programs associated with the onboarding and monitoring of clients for regulated businesses, as well as theenhancement of the of global economic sanctions screening and analysis program.

The Director will design, hire and lead a global team to operate these two programs, including colleagues based in London, Belfast and Bangalore.

The role will be part of the leadership team of the Governance, Risk & Compliance (GRC) Department, support the overall CME Group Compliance and Ethics Program, and will provide thought leadership, advice, and guidance to other parts of the company, includingbusiness leaders, Transformation Management Office (TMO responsible for our Strategic Partnership with Google), Client Onboarding Teams, Third Party Risk Management (TPRM), Accounting, etc.

The role can be based in Chicago, New York, or London.

Principal Accountabilities include:

Execution and reporting on Bank Secrecy Act, Anti-Money Laundering and Know Your Customer programs including monitoring and escalations, to meet regulatory and business requirements;
Execution and reporting on a riskbased global sanctions screening and strategy program, including technology selection and implementation;
Providing reasonable assurances to individuals appointed and designated as the AML Compliance Officers for CME Group's regulated businesses (including CME Group's BrokerTec and EBS cash markets businesses) that AML/KYC programs are designed and operatingto comply with regulatory requirements;
Partnering with the TMO, Operations and Technology teams to transform the Company's onboarding process, ensuring that applicable screening and AML/KYC technology is selected, implemented, and embedded into the Company's future state on the Google CloudPlatform;
Partner with various teams and cross functional Divisions to develop, embed and continuously enhance AML/KYC and sanctions services in support of strategic programs and initiatives which are critical to the continued success of CME Group.
Provide strategic direction for CMEwide client and counterparty onboarding services, including defining and setting processes and procedures, implementing metrics and tools to manage capacity, embed service level commitments and drive enhancements to simplifyand streamline processes to enhance the client experience.
Monitoring and communicating potential changes in applicable financial crime regulations and providing advice to the business regarding any such developments, including working with outside counsel and other experts to advise the company on its financialcrime compliance obligations;
Investigating allegations of financial crime misconduct or breaches of our financial crime compliance programs, in collaboration with Corporate Compliance, legal, HR and employment law colleagues;
Partnering with Global Assurance (internal audit) to complete audits and remediate any findings;
Leading the firm's industry and regulatory outreach on financial crime compliance;
Providing reports to the Management Team, Risk Committee, Compliance and Ethics Team, ERM program and others on the Company's compliance with antifinancial crime laws and regulations;
Assessing compliance system technology features/capabilities, data feeds and mapping, appropriate and customized usage, implementation gaps, identification of necessary controls, ensuring alignment to risk appetite, and identifying automated controls/processes;
Supporting Corporate Compliance, as requested, with input on the Company's program to comply with anti bribery and corruption laws and assisting Corporate Compliance in p roviding information to clients and others on CME Group's financial crimes complianceprogram;
Assisting with risk assessments and regulatory examinations where needed; and
Educating and training internal staff on policy changes, new directives and spotting potential red flags or suspicious activity.

Skills and Software Requirements:

At least 12 years' experience in financial crime compliance roles of increasing responsibility, including in highlyregulated environments or with a regulator.
JD and law firm experience preferred but not required.
Securities license (Series 7, 24, or 99) preferred but not required.
Experience advising on design and operation of compliance programs, including development of policies and procedures, monitoring, and internal controls.
Ability to communicate and influence assertively, clearly and concisely, both in writing and verbally; strong attention to detail and accuracy.
Demonstrated ability to work effectively with crossfunctional teams and ability to foster working relationships globally.
Highly professional in interactions, demeanor, and presentation.

Confident and decisive i