Financial Crime Assistant
TO £35000 + 15% Non-Con Pension + Bonus + Benefits
Central London
THE COMPANY
Growing London operation of international banking group with global assets $20billion. The business comprises FX/MM, commercial and wholesale banking together with retail activities
SKILLS & EXPERIENCE
- University degree and any relevant professional qualifications
- 3-5 year in financial crime related role.
- Experience with Fraud, Money Laundering monitoring, control testing.
- 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
- Ability to examine and evaluate regulatory rules & legislation
- European or Arabic language is useful
THE ROLE
Reporting to the MLRO/Deputy 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:
- Conduct as advised 2LOD assurance testing as required by the Group Financial Crime Monitoring & Assurance schedule.
- Maintain records of remediation requirements resulting from financial crime review audits and ensure action points are tracked with regards to delays/progress/completion
- Assist with the new staff induction process
- Maintain applicable financial crime registers
- Assist MLRO/Deputy MLRO with implementation or remediation work resulting from regulatory change
- Assist with monthly newsletter to the Bank detailing financial crime updates
- Clear sanctions alerts from Safewatch as escalated by the Operations team
- Clear database alerts raised by World Check
- Assist MLRO/Deputy MLRO with escalated file reviews/openings/blocks
- Assist with client/transactional investigations as required
- Act as Financial Crime liaison for all operational matters
- Assist with department admin
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