Mlro (Smf17) - International Bank - London, United Kingdom - Market Talent Ltd

Market Talent Ltd

Verified Company

London, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

We are assisting a small international bank who upholds a family orientated and a close-knit working environment.

You will be heading up a small team to enhance and maintain an appropriate compliance function for a small international bank based in Canary Wharf; that delivers second line of defence capability, providing check and challenge to bank's delivery against its regulatory commitments.

Responsibilities:

Handle the preparation work and management of inspections by the regulator;
Research and understand changes in regulation;
Develop policies and procedures internally relating to Financial Crime Prevention in the company and oversee the implementation of those policies and procedures;
Work to develop Financial Crime Prevention guidance materials, training resources, and controls;
Update internal handbook on Financial Crime Prevention policies and procedures;
Advise senior management of any likely implications of changes to internal policies;
Implement the annual Financial Crime Prevention plan and perform the relevant quality assurance checks to ensure adherence;
Conduct due diligence reviews;
Report results of reviews of Financial Crime risk assessments and monitor remedial proceedings;
Identify, investigate, and resolve all activities that are deemed noncompliant;
Plan Financial Crime Prevention training sessions;
Inform the relevant authorities of any breaches;
Compile reports for the board and internal risk committees;
Address issues relating to transaction monitoring, filtering, and sanctions;
Provide advice on the implication of future business strategies;
Handle the preparation work and management of inspections by the regulators;
Develop and update internal procedures;
Oversight of all compliance issues;
Complete Financial Crime Prevention Business Wide Risk AML Assessment;
Review and approve new customers onboarding, KYC updates;
Issue Annual MLRO report;
Completing the following

Regulatory Reports:
REP017, Complaints, PS-Complaints, REP-CRIM, REP001, REP002, REP008, REP010, REP018, REP020, PS, OFSI Sanction Report.

Submitting SARs to the NCA;

Requirements:

An SMF17 / previously approved person
Leadership level of experience between 710 years of experience within financial services/ primarily in Banking
Ideally hold experience or understanding of small international banking world.

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Job Type:
Permanent

Salary:
£110,000.00-£130,000.00 per year

Benefits: