Assistant Manager Financial Crime

Job Description

Meraki Talent are currently working with a leading overseas bank within the Financial Services sector. This organisation really values there employees, and offers and amazing benefits package. The role has a dotted line reporting into the head of compliance, which also which gives you great exposure into the business. There is an excellent opportunity for an experienced Assistant Manager in Financial Crime to join their organisation. This role is based in central London and operates on hybrid model. As an Assistant Manager in financial crime your duties will be

• To enhance and execute the Anti Financial Crime approach, including systems and controls within the companies EMEA Division, ensuring the branch meets its regulatory obligations.
• Reporting and working with the DMLRO & MLRO in ensuring that a risk based, and proportionate control framework is operated across 1st line and 2nd line to give the SMF17 and SMF 19 confidence that activities are being completed in an effective and Compliantway.
• Reporting to the DMLRO, the Financial Crime Officer will Develop the existing financial crime framework within the branch ensuring policies, procedures, advisory, monitoring and training are in line with regulatory requirements
• To ensure relevant HO policies are understood and where applicable aligned to local UK requirements and build a good relationship with the Head Office.

Your Key Responsibilities

• Reviewing the existing Financial Crime risk assessment and to update to ensure the branch has a comprehensive financial crime risk assessment completed.
• You will be Under supervision of DMLRO and you will document the branches risk-based strategies and the basis for risk assessment and subsequent monitoring.
• Reviewing and updating the existing financial crime policies and procedures ensuring they are in line with the updated the risk assessment. Where they have been updated, to ensure that key changes are communicated to all relevant staff within the branch.
• Responsible for designing, implementing, and delivering effective training on financial crime prevention. The training will need to be tailored to the specific business units ensuring all employees understand their role in preventing financial crime, recognizingred flags, and complying with rules and regulations.
• Ensuring the FC crime framework takes into consideration and applies where required, Head Office Rules on AML/CFT guidelines
• Closely work with HO Global Compliance and pro-actively addressing all FC related matters
• You will support all departments across the branch to identify and make enhancements in capturing specific FC crimes risks related to their business area. To ensure their business risk registers contain those risks and adequate controls.
• To work with 1st line of defence to ensure they have adequate controls and processes in place which are in line with the financial crime policy
• Provide the business and support functions with a proactive and expert financial crime advice
• Assist DMLRO and MLRO in enhancing the MI for the monthly Compliance Committee
• Provide input for the Annual MLRO report on key financial crime related matters.
• Stay informed of current and forthcoming Financial Crime regulations relevant to the branch and carry out appropriate actions required.
• To undertake financial crime monitoring activities
• Review onboarding applications of new clients and ongoing due diligence of existing clients in line with policy.
• Perform thematic reviews on Financial Crime themes