Mlro - London, United Kingdom - Compliance Professionals

Compliance Professionals

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

THE COMPANY:

Our client is a International bank based in the West End

THE RESPONSIBILITIES:

SM17 registered
Formulate annual AML plan and perform the relevant quality assurance checks to ensure adherence.
Ensure adequate policies and procedures in place for AML operations in the Branch
Address issues relating to transaction monitoring and customer and payments screening for sanctions and AML purposes.
Research and understand changes in regulation and advise business accordingly.
Compile MI reports for the internal committees in the Branch and Head Office
Carry out AML risk assessments, produce annual MLRO report and report the findings to management and monitor completion of remedial procedures
Identify, investigate, and resolve all activities that are deemed noncompliant.
Provide advice on the implication of future business strategies on AML controls.
Drive datadriven AML analytics and solutions to identify risks and devise corresponding mitigation
Support Group Compliance Requirements and drives implementation within the Branch
Plan and arrange AML training sessions together with AML Manager.
Work to develop AML guidance materials, training resources, and controls.
Engage the local Business units to drive an AML Compliance culture
Ensure all relevant staff receive bespoke training on AML procedures pertaining to their role.
Enhance policies internally relating to AML in the Bank and oversee the implementation of those policies.
Engage with the regulators / local law enforcement agencies and develop rapport with these external stakeholders
Conduct due diligence reviews.

EXPERIENCE REQUIRED:

SMF17 registered form a Banking background
Several years' experience working in the capacity of MLRO, Deputy MLRO from a Wholesale, Corporate or Retail Banking background
Relevant knowledge of PRA/FCA regulation.
Regulatory environment and control awareness.

For further information please contact Hannah Tabatabai