Financial Crime - London, United Kingdom - Oliver James Associates

Oliver James Associates

Verified Company

London, United Kingdom

4 days ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Responsibilities

To provide advice on queries from the business relating to licensing and financial crime (Sanctions, AML, ABC, Conflicts of Interest, Gifts & Entertainment, Fraud, POCA, Market Abuse).
To support underwriters by reviewing and performing the necessary Enhanced Due Diligence checks, where required.
To review and implement a scoresheet and guidance document to assist executive management with approving customers and / or transactions deemed to be 'highrisk'.
To provide input to all Know Your Customer (KYC) requests from third parties and produce a standard compliance KYC response document.
To manage the review of the daily sanctions alerts via the various screening systems.
To assist with the production of the halfyearly MLRO reports.
To assist in the completion of the annual risk assessment of every key area's exposure to and control over financial crime, evaluating their controls and their understanding of the companywide controls in place, ensuring the followup of any recommendations.
To assist in the implementation of any findings arising from the historic financial crime risk assessments.
To ensure that all financial crime training modules remain current and effective and provide training to staff, including the delivery of facetoface training, as required.
To support and produce financial crime, monitoring and / or advisory Compliance Hot Topics for review and issuance by the Senior Compliance Officer(s).
To assist and perform the annual Conflicts of Interest attestation and manage the Conflicts of Interest / Gifts & Entertainment registers.
To carry out the quarterly Segregation of Duty reviews, and check for any segregation of duty issues on all new system access requests.
To assist with the completion of the monitoring activities that comprise the Compliance Monitoring Programme and identify and support the implementation of enhancements to this programme as necessary.
To ensure that the importance of contract certainty is understood across the Company and that controls to monitor contract certainty are embedded.
To support the Compliance Department as required and perform tasks requested by the Senior Compliance Officer(s), such as horizon scanning; regulatory returns; compliance projects etc.
To promote a culture of compliance by raising awareness of compliance and regulatory matters and ensure adherence to applicable laws and regulations.

Performance Objectives

Alongside the Senior Compliance Officer, manage all business queries relating to financial crime, sanctions and / or licensing.
To review and update the AML, ABC, Fraud and Sanctions training modules.
To respond to queries from the business within the agreed service standards.
To successfully renew the LATAM and other licenses in advance of the renewal dates.
To close sanctions alerts within 2448 hours, where possible.

Skills And Experience Specification

An instinct to be proactive, identifying improvements to the Department's ways of working, reporting and communications.
Strong analytical skills.
Ability to manage own workload, prioritising tasks appropriately and ensuring that agreed delivery dates are achieved.
Excellent interpersonal skills, able to communicate effectively with a wide range of people face to face and over the telephone, Teams etc.
Good written communication skills so can respond to correspondence in a professional manner both internally and externally.
A minimum of four years' experience in providing financial crime advice to the business in a compliance role.
Experience in using a minimum of one Sanctions Screening Tools (AST)
Worked as part of a team and the willingness to help others

Desirable