Compliance & AML Assistant - Banking

Job Description

Our client, a reputable international bank located in the heart of City of London, is looking for a Compliance & AML Assistant.[Purpose of the Job]The role will include various duties in relation to Compliance and Anti-Money Laundering(AML). The Compliance & AML Assistant role is to assist the bank’s Head of Compliance & MLRO to ensure that the bank meets its obligations under the 5th EU Money LaunderingDirective, the UK’s Money Laundering Regulations 2007/2017, the FCA’s rules published in SYSC 6.3, the Proceeds of Crime act, the Bribery Act and those imposed under any other current or subsequent regulatory or legal instrument relating to financial crime.[Key Responsibilities](1) Assist in monitoring the day-to-day operation of the Branch’s AML and Compliance policies including Know-Your-Customer (KYC) procedures(2) Support the Head of Compliance & MLRO and Deputy Compliance & AML Officer on day-to-day / project based Compliance & AML duties(3) Provide assistance to other departments’ projects to meet regulatory requirements.(4) Sanctions/AML checks of the bank’s transactions and customers(5) Provide training and resources for the bank’s employees so that they are made aware of and understand their AML and Compliance responsibilities(6) Investigate payment/instruction messages that fall into OFAC (Office of Foreign Assets Control) alert queues(7) Undergo employee phone and chat monitoring of front line/customer facing staff(8) Draft regular reports to the Risk Management Committee and AML & Sanctions Committee and construct meeting minutes after the Committee meeting(9) Draft and maintain the bank’s policies and procedures for countering the risk that the bank might be used to further financial crime under the Senior Management Regime[Requirements](1) Must have law degree if fresh graduate or up to 2 years’ relevant work experience within UK financial industry(2) Strong attention to details and accuracy(3) Excellent communication & interpersonal skills to liaise with other departments & solve the issues related with various business functions(4) Excellent MS Office skills(5) Familiarity with Dow Jones screening tools is an advantage[Conditions](1) Location: City of London (Bank area)(2) Working hours: 8:30am~4:30pm(3) Annual leave: 31 days in the first full calendar year and thereafter increased by one day per year into maximum of 36 days (including 8 Bank/Public Holidays)(4) Basic salary: 35~40K (depending on experience)(5) Benefits: Group Personal Pension Scheme(Employer contributes 8% of basic salary), Life Assurance, Private Medical and Dental Insurance, Annual Health Check, Season Ticket Loan, Eye care Voucher, Annual Bonus Scheme(full calendar year required)[Before you apply](1) This is an office based role.(2) The right candidate must be eligible to work full-time in UK immediately without any visa restriction. If you’re on any visa permitting full-time work in UK, please indicate your visa status in your CV and when it expires.(3) Please send your CV in MS Word format(4) ONLY right candidates will be contacted, and if your application is successful, we’ll contact you within 5 working days.Required skills

• AML
• Compliance
• Compliance Monitoring
• Financial Crime
• KYC