Job Description

Job Advert This is a hybrid role - 3 days in the office (City of London location) and 2 days working from home.
Interim Role - Start no later than Mid January 2024 and lasting 12 months.
Role Purpose: Responsible for the management and enhancement of the Financial Crime Risk Framework of the Bank.
Responsibilities:

• Assist the Compliance Director & MLRO by developing and maintaining appropriate systems and controls to ensure effective oversight and monitoring of compliance with all relevant laws and regulations across the bank
• Review of regulatory guidance and change, assessing its impact and making recommendations to the Head of Compliance
• Support the Compliance Director & MLRO on all reporting requirements to internal and external stakeholders
• Development and maintenance of the Financial Crime risk assessment ensuring that risks are identified, appropriate controls are implemented and that risks and controls are reviewed and assessed on an on-going basis
• Ensuring accurate and appropriate Management Information is received by the Compliance Director & MLRO and the Risk Committee on all aspects of Compliance
• Devise the Financial Crime Monitoring Plans and oversee the teams\xe2\x80\x99 completion of these

• Oversight of assurance and monitoring reviews on Business Units\xe2\x80\x99 compliance with Policy and Procedures for Financial Crime
• Act as the Bank\xe2\x80\x99s subject matter expert in relation to all finance crime matters
• Filing suspicious activity reports to the National Crime Agency where approved by the MLRO
• Where the MLRO is not available, deputising as required
• Act as a key stakeholder for projects as allocated by the Compliance Director
• Attend various Business Unit committees as delegated by the Compliance Director
• Keep updated on regulatory developments and ensure that all regulatory changes relating to Financial Crime that affect the bank are reviewed, analysed and drawn to Management and Business Units\xe2\x80\x99 attention for implementation
• Work to develop a compliance culture across the bank

• Knowledge of regulatory framework in financial services
• Current knowledge of money laundering, sanctions, fraud, bribery and corruption and market abuse laws/regulations
• Good understanding and knowledge of JMLSG
• Extensive experience in a financial crime assurance and oversight role
• Knowledge of the regulatory and legislative requirements and industry practice for financial crime
• A thorough understanding of regulations and legislations relating to AML/CTF (Anti-Money Laundering/Counter-Terrorist Financing), Fraud, ABC and Sanctions

• Competitive Salary and Bonus package
• 26 Days Holiday
• 2 Wellbeing Days
• Contributory Pension
• Life Insurance / Income Protection / Critical Illness cover
• Private Medical Insurance
• Season Ticket Loans
• Enhanced Maternity and Paternity Pay
• Excellent career development opportunities and where appropriate sponsorship of a relevant qualification