Compliance Officer - London, United Kingdom - Nexus Jobs
Description
Compliance Officer - Bank
Our Client is looking to recruit a Compliance Officer with at least 3 years experience of working within Compliance from the banking industry.
- To promote and manage the culture and practice of regulatory compliance and ethical standards conduct across London Bank Branch
- To ensure the effectiveness of the Financial Crime Prevention framework with particular emphasis on AML/CTF and Sanctions Compliance
- To be a SME for regulatory compliance and Financial crime matters to the London Bank Branch staff
- To support the Head of Compliance in the management of compliance and regulatory risks, including liaison with the Regulator's Financial Intelligence Authority and any other regulatory and law enforcement bodies.
Responsibilities
- Perform on going transaction monitoring, on higher risk rated clients at an agreed frequency, as and when required
- To escalate suspicious or ambiguous transactions to supervisor/Manager or Head of Compliance for a review or decision
- Perform Compliance Review on respective business units on periodic basis, as per Compliance Review plan endorsed by Senior Management team
- Perform Control Effective Testing (CET) on selected key business areas, especially areas that poses higher risk in Compliance and/or AML
- Ensure all control gaps are identified and addressed, closed to mitigate any potential risks.
- Assist Head of Compliance with Compliance/Anti-Money Laundering advisory to business team, when required
- Identify potential AML & Compliance process or policy improvements and communicate findings and recommendation to quality assurance management team
- Provide guidance and training, where required on areas of improvement
- Perform on going validation of monitoring strategies to ensure appropriate AML and Compliance governance and control
- Conduct timely follow up on pending outstanding issues to ensure proper resolution and issue closure
Bachelor's Degree or Master's Degree in any discipline (Accounting/Finance/Business/Economics/Financial Engineering/Law) would be of added advantage
Certification in AML/FCC or Compliance
2-3 years of experience of relevant banking/AML compliance in established bank / financial institutions
Technical/Functional skills
- Indepth knowledge of AML compliance function, including the related/applicable rules and regulations
- The required understanding of the business/business units and it's operations.
- Advance knowledge of MS Office especially MS Excel, MS Powerpoint etc.
- Personal integrity and ethics.
- Good judgment in enabling the provision of sound advice on regulation and practice, proactive management of compliance and regulatory risks.
- Good presentation and influencing skills, required in guiding and assisting teams in putting forward proposals for clients, whenever necessary.
- Effective managerial skill as a point of reference for the subordinates.
The Client is based in Central London.
Please send your CV to us in Word format along with your salary and notice period.
Salary:
£45,000.00-£50,000.00 per year
Schedule:
- Monday to Friday
Supplemental pay types:
- Bonus scheme
Ability to commute/relocate:
- London: reliably commute or plan to relocate before starting work (required)
Education:
- Bachelor's (required)
Experience:
Banking Compliance: 3 years (required)
- MS Excel: 3 years (required)
Language:
- English (required)
Licence/Certification:
- FCC or Compliance Certification (required)
- Certificate in AML (required)
Work authorisation:
- United Kingdom (required)
Work Location:
In person
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