Financial Crime Manager

Our client is full-service investment brokerage company based in the City. With an international presence and a strong compliance culture they are an excellent employer.THE RESPONSIBILITIES:Managing large data sets to ensure required reports and controls can be effectively run on a regular and ad hoc basisAssessing data quality to ensure accuracy and integrityExecuting and leading the development and embedding of financial crime controls, including, procedures, systems, and user manualsAssessing, enhancing and streamlining reporting framework on an ongoing basisSupporting the wider function in the management of third-party reviews/recommendations providing timely and high-quality responsesPartnering with internal and external departments within the overall umbrella of Financial Crime Operations, leading end-to-end business analysis and change management activitiesInterpreting and documenting business requirements, producing deliverables for all change phases whilst identifying and communicating any constraints or limitationsDriving strategic direction for activities, in the form of principles, guidance, or approach, as requiredUpholding and advancing all programme/project governance processes, as requiredProviding regular progress updates for any standalone initiatives, where responsibleReviewing the adequacy of Customer Due Diligence (CDD), Know Your Customer (KYC), Know Your Business (KYB), source of wealth and funds, client information, client profiling and suitability during the account opening process.Providing the business with advice and guidance on all relevant regulatory/AML obligations and requirementsWorking with the business to ensure that the firm establishes and maintains appropriate financial crime policies, procedures, systems and controlsMonitoring all aspects of the business to identify actual or potential weaknesses of internal controls and advising on remedial action that may be taken by line managementTo undertake theme, work to assess the firms’ regulatory exposure and make recommendations to the business to ensure Compliance Providing support to line management in its liaison with regulators, auditors (internal & external) other group companies and external organisations where appropriateProvide Financial Crime education, awareness and training to the business as required.Supporting the Head of Financial Crime/MLRODevelop and strengthen relationships to promote best practice and ensure a good understanding of Financial Crime and regulatory requirements.Oversee process for customer screening including sanctions, PEPs and adverse media screening, escalating any true matches to the MLRO and performing quality assurance work as requiredAssist with managing and developing key financial crime themed projectsAssist with developing and producing management information reports for the Board or Financial Crime CommitteeManage the Client On-Boarding Team (COBT) and escalate issues as appropriate to Head of Financial Crime and MLROOversee process for on-going due diligence high risk accountsHandling of all escalated transactions, including research, report writing, approval and transmissionImplement and action on-going monitoring policyOversee the control environment for both fraud and bribery and corruptionUndertake any ad-hoc AML/TF/fraud reporting, risk assessments as requiredOther ad-hoc duties compliance and FCT duties as and when requiredEXPERIENCE REQUIRED:Experience in the commodities or capital markets industryExperience as a financial crime manager or similar level role in the regulated sectorExperience in operational management and promoting and implementing continuous improvementsDetailed knowledge of the 2019 Money Laundering RegulationExperience or working within governance frameworks and processesPrevious experience with SQL and data analysisUnderstanding of expression building for business objects – predominantly for the cloud based application Docuware (electronic document management system)VBA equipped or at the minimum advanced user of Microsoft Excel and Microsoft AccessUnderstanding and applied knowledge of client lifecycle management – technology and solutionsFor further information please contact Hannah TabatabaiUp to £90,000 pa depending on experience
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