Regulatory & Financial crime compliance officer

Compliance Officer (Regulatory and financial crime - banking)
City of London
5 days per week in office
Permanent
£35,000 - £45,000
You MUST have experience with both REGULATORY COMPLIANCE MONITORING and FINANCIAL CRIME COMPLIANCE - Ideally from a banking background
cer Financial are working alongside an international bank who are based in the City of London. They are seeking a Compliance Officer to work with them on a personal basis. Please only respond if you have experience within compliance in financial services (ideally banking!)
Key requirements from suitable candidate:
Strong regulatory compliance / compliance monitoring experience and knowledge
AML and KYC onboarding experience
Transaction monitoring experience
The Responsibilities of a Compliance Officer Will Include:
Responsible for monitoring the branchs compliance with applicable laws and regulations.
Identifying and assessing the appropriateness of the Banks compliance policies and procedures in order to conform with applicable laws and regulations.
Developing and updating all compliance related policies and Compliance Rule Book.
Preparing compliance annual work plan.
Performing sufficient and representative compliance review.
Carrying out the necessary enquiries/investigations on compliance incidents.
Developing and updating AML/CFT policies and procedures.
Reviewing Know Your Customer (KYC)/Customer Due Diligence (CDD) and inward/Outward remittance transfers compliance requirements.
Receive, investigate and file Suspicious Activity Reports (SARs) to National Crime Agency (NCA).
Monitor HMs Treasury financial sanctions and terrorist list.
Taking reasonable steps to establishing and maintaining adequate arrangements for AML/CFT awareness and training.
Monitoring and reporting to Head Office regarding AML/CFT implementation.
Reporting compliance activities and compliance review findings.
Monitoring corrective actions to address compliance review findings.
Identifying, assessing and reporting to the Branchs senior management and Head Office new applicable laws and regulations and their impact to branchs operations and business activities.
Identifying and assessing the compliance risks associated with the organisations current and proposed future business activities.
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