THE COMPANY: Our client is an international investment bank based in the City. They are looking for a Compliance Officer with a specialization in Financial Crime to join the Business. THE RESPONSIBILITIES:
* Advise the business on client onboarding/review referrals such as PEPs and high-risk clients subject to EDD.
* Investigation of referrals regarding Financial Crime by the business or operational areas.
* Advise the business and support areas on Financial Crime aspects, on the implementation of new products, to ensure compliance with relevant regulations;
* Ensure key Financial Crime regulatory changes are analysed and the necessary changes are implemented;
* Maintenance of the Banks Financial Crime related policies and procedures;
* Complete the regulatory reports related to Financial Crime;
* Monitoring transactions and identification of suspicious activities;
* Provide Financial Crime training;
* Assist with internal audit review focused on Financial Crime ensuring all necessary documentation and reports are provided in a timely manner.
* Monitor and analyse SWIFT transaction to identify any suspicious activities, ensuring compliance with financial crime regulations and internal policies
* Implement and maintain updates to SWIFT monitoring tool, including the integration of new sanctions lists, watchlists, and custom rules to ensure accurate detection of financial crime.
* Prepare and update financial crime and surveillance related slides and presentations for Operational Risk and Compliance Committee (ORCC), ensuring they reflect current risks, trends, and compliance measures.
* Compile and submit detailed monthly financial crime reports to Holding, providing insights into key metrics, incidents, and compliance with regulatory requirements.
* Prepare Management Information for the Operational Risk and Compliance Committee;
* Track reported incidents and follow-up on the action plans implementation;
* Other Compliance tasks and projects, as directed by the Head of Compliance
EXPERIENCE REQUIRED:
* 2nd line Financial crime/generalist compliance experience from Investment banking/wholesale banking background - NOT KYC
* Financial crime risk assessment/sanctions/policy writing experience would be highly desirable from an investment banking background
* Proven Investment /wholesale banking compliance experience is required
* Experience of acting as a second line of defence, in order to ensure strict compliance with regulations, risk management oversight and sustainable growth.
For further information please contact Hannah Tabatabai #J-18808-Ljbffr