Naukrijobs UK
Register
London Jobs
Manchester Jobs
Liverpool Jobs
Nottingham Jobs
Birmingham Jobs
Cambridge Jobs
Glasgow Jobs
Bristol Jobs
Wales Jobs
Oil & Gas Jobs
Banking Jobs
Construction Jobs
Top Management Jobs
IT - Software Jobs
Medical Healthcare Jobs
Purchase / Logistics Jobs
Sales
Ajax Jobs
Designing Jobs
ASP .NET Jobs
Java Jobs
MySQL Jobs
Sap hr Jobs
Software Testing Jobs
Html Jobs
IT Jobs
Logistics Jobs
Customer Service Jobs
Airport Jobs
Banking Jobs
Driver Jobs
Part Time Jobs
Civil Engineering Jobs
Accountant Jobs
Safety Officer Jobs
Nursing Jobs
Civil Engineering Jobs
Hospitality Jobs
Part Time Jobs
Security Jobs
Finance Jobs
Marketing Jobs
Shipping Jobs
Real Estate Jobs
Telecom Jobs

Compliance Manager & MLRO SMF17

Interquest
Job LocationLondon
EducationNot Mentioned
SalaryCompetitive salary
IndustryNot Mentioned
Functional AreaNot Mentioned
Job TypePermanent, full-time

Job Description

ROLETITLE: Compliance Manager& MLRO (SMF17)REPORTS TO: Chief Risk & Compliance Officer (CR&CO)LOCATION: London (West End)MAIN PURPOSE OF THE ROLE:To support the business in meeting its compliance and anti-economic crime responsibilities in relation to the multiple regulatory regimes it operates in.This includes:

  • Economic crime (AML, sanctions, bribery & corruption and fraud): maintaining economic crime framework, defining and delivering economic crime training, suspicious activity monitoring and reporting, independent review and approval of client and counterparties due diligence, Letters of credit and third-party payments.
  • Compliance advisory: advice on regulatory issues, maintaining Compliance framework, training the Business in key compliance issues, promoting and measuring high standard of conduct and ethics and an effective compliance culture)
  • Compliance monitoring: defining and delivering a risk-based monitoring plan - including thematic reviews and control testing, maintaining the conflict of interest, gift & entertainment and complaint registers and reviewing marketing materials.
  • Regulatory affairs (regulatory change management and liaising with the regulators as required)
  • Oversight of compliance with data protection including GDPR
    • DUTIES AND RESPONSIBILITIES:
  • Line management responsibility for the Compliance team, currently consisting of a Senior Compliance Officer and deputy MLRO & Compliance Officer.
  • Supporting the CR&CO with:
    • Regulatory Affairs:
  • Managing the relationship with the regulator and organising and managing their written communications and visits
  • Reviewing and submitting regulatory registrations
    • Policies and procedures:
  • Reviewing policies and procedures at least annually/every 18 months (respectively) against the requirements of our multiple regulators.
    • Compliance Monitoring Programme:
  • Performing a Compliance risk assessment at least annually and preparing a monitoring programme to ensure the risks identified are adequately controlled and managed
  • Overseeing the execution of the Compliance monitoring programme
    • Regulatory Change:
  • Defining and overseeing the implementation of the Regulatory Change Management framework
    • Advisory:
  • Providing clear, reliable and consistent advice on any compliance issues arising in the business, including in relation to any new business initiatives
  • Overseeing the review of marketing material (including investor presentations, client letters, and monthly fund fact sheets) to ensure that they are clear, fair and not misleading.
  • Investigating and remediating regulatory breaches including notification to the regulators
    • Training:
  • Defining and tracking completion of mandatory training plan
  • Providing class-room or remote training to staff and Board on relevant regulatory topics
    • Economic Crime/MLRO:
  • Defining and maintaining the economic crime framework, policies and procedures
  • Ensuring new clients and counterparties comply with the Economic Crime Policies before an account is opened, and ensuring existing clients and counterparties continue to meet the requirements.
  • Approval of LCs referred to Compliance team and approval of all trade finance transactions.
  • Providing training to staff on anti-money laundering, sanctions, fraud, bribery and corruption
  • Preparing and presenting MLRO reports to the Board Audit & Risk Oversight Committee
    • Reporting and Governance:
  • Reporting to the Business Risk Committee and Board and Audit and Risk Oversight Committee, with appropriate timely and high-quality information regarding Compliance and Economic Crime, so that the Committees can effectively discharge their responsibilities
  • Preparing and submitting necessary reports to the regulators and Group Compliance
  • Representing the Compliance & MLRO function on relevant governance committees
    • PROFESSIONAL QUALIFICATIONS REQUIRED
  • Chartered Institute for Securities and Investments Diploma in Regulation and Compliance or equivalent preferred
  • CFA UK Level 4 Certificate in Investment Management (IMC) ideal
    • EXPERIENCE REQUIREDSignificant experience of working in the Compliance department of a Bank preferably having been a MLRO and held a position of responsibility. Ideally you would have held the position of SMF17 (or CF11) for at least 2 years in a bank. Asset management experience is highly desirable. Previous ESG focus and experience would be a great advantage.SKILLS
  • Critical thinking and problem solving
  • Reading comprehension
  • Thorough understanding of the UK Money Laundering regulations and the guidance of the Joint Money Laundering Steering Group.
  • Working knowledge of the regulator sourcebooks that are relevant to the business, especially SYSC, SUP, COBS and good understanding of the prudential requirements.
  • Abreast of current regulations and market practices.
  • Understanding of

    • APPLY NOW

    Compliance Manager & MLRO SMF17 Related Jobs

    © 2019 Naukrijobs All Rights Reserved