Robert Half is recruiting for a MLRO (SMF17) with trade finance experience to join a European bank.
ROLE: MLRO (SMF17)
LENGTH: 6 Months likely to go perm
LOCATION: London Based
PAY: £140,000 - £150,000
Must Haves
-Trade Finance experience from a similar bank (has dealt with high risk jurisdictions and high risk countries
-Have completed a Section 166 or have dealt with a S166 remediation project
-Has been a SMF17
Responsibilities
* · Responsibilities:
* FCA - Responsibility for the firm’s policies and procedures for countering the risk that the firm might be used to further financial crime.
* Full oversight and autonomous management of the AML function;
* Chair the London Branch Compliance Risk Committee.
* Assume the role of permanent member in London Branch Management Committee
* Review and assume ownership – in collaboration with the Compliance and Risk teams at the Belgium Head Office – of applicable risk assessment methodologies towards business-wide risk assessment, country risk assessment, product risk assessment and customer risk assessment;
* Review and assume ownership of financial crime related policies and procedures, including EDD procedures applicable at KYC and operational levels; Conduct financial crime risk assessments including: business-wide risk assessment, country risk assessment;
* Maintain regular and ongoing interaction with internal and external stakeholders, including senior management, internal audit, external advisors and regulators;
* Conduct the day-to-day management and operation of the AML function, including staff training and awareness, management information, suspicious activity reporting, sanctions screening, activity monitoring, etc.;
* Oversee the timely reviews of customer KYCs and risk assessment through continuous interactions with RMs and the AML/KYC analyst;
* Produce compliance reporting, both internal (monthly management information reports) and external (e.g. REP-CRIM return)
* Report to London Branch Manager (SMF19) with dotted line reporting to Group Head of Compliance in Brussels.
* Requirements:
* Typically 5-10 years of relevant AML experience within an international banking environment with trade finance activities;
* Previous background in high level risk assessments and EDD processes;
* Current or previous SMF17;
* Thorough knowledge of Trade Finance products, risks and EDD processes;
* Strong personality and ability to lead/influence others and implement change
ASAP Start Date
6 Months Fixed Term Contract
£140,000 - £150,000
If this is of interest, please apply and I'll be in touch asap.
Thanks,
Taryn