Financial Crime Assistant to £38000 plus 10% Non-Con Pension, Bonus, and full range of Benefits Central London – offered on a hybrid basis 4 days in office
Sponsorship will not be provided at any time
THE COMPANY Growing London operation of international banking group with global assets $60billion. The business comprises private banking, property and commercial lending, trade finance, commercial and wholesale banking together with retail activities.
SKILLS & EXPERIENCE
University degree and any relevant professional qualifications
Minimum 1-5 years working in a banking environment with at least 1 year spent in a financial crime related role within financial services.
Highly efficient, team player, with good attention to detail, accuracy
High standard performer that enjoys working in a dynamic and small team
Ability to work unsupervised, to tight deadlines and to withstand occasionally high pressure demands
Accuracy and high level of numeracy and literacy
Good working knowledge of Windows suite
Views the application of technology to address Financial Crime risks as the preferred option and has the ability to use technology solutions as second nature.
Ability to examine and evaluate regulatory rules & legislation
THE ROLE Reporting to the MLRO you will assist the Financial Crime Department in its role as second line of defence by undertaking financial crime monitoring in accordance with the group Financial Crime Monitoring & Assurance Framework. The role includes the following:
Review and assess internal suspicious activity reports submitted from teams within the bank and recommend follow on actions, as necessary, under the supervision of the MLRO
Maintain the Fraud investigation register and all corresponding investigation documents.
Draft disclosures in preparation for submission to relevant law enforcement agencies under the supervision of the MLRO
Maintain records of all internal SAR reports and disclosures made to relevant authorities.
Assist the MLRO with financial crime review audits
Assist the team with 2LOD assurance testing as required by the FCMA schedule.
Discount daily client database screening and payment matches raised on WorldCheck & Safewatch and escalate as required
WorldCheck batch screening and reporting.
Maintain departmental registers including daily and monthly monitoring, regulatory change tracker & any internal project trackers
Maintain records of remediation requirements resulting from the financial crime monitoring & assurance work and ensure action points are tracked with regards to delays/progress/completion
Maintain RCSA register and log any new processes as required
Maintain audit point recommendations arising from internal audits, third-party reviews and the MLRO report
Complete all other departmental administrative tasks
Assist with client investigations including additional screening and adverse media checks
Maintain SAR correspondence, investigation files & SAR register
Maintain Financial Crime Procedures and assist with the review anti-financial crime standards and frameworks against updated policies or upcoming and current regulations.
Complete the required SLOD checks on EDD and CDD for new and existing customers, Corporates and Financial Institutions.
Supporting the delivery of training to colleagues and embedding an effective risk culture across 1st and 2nd lines of defence
