Deputy Manager Legal & Compliance
Full job description
Barbara Houghton Associates
Salary: £78,000 per year
We are working with our client, an international bank based in London, with their search for a Deputy Manager Legal & Compliance to join their team on a permanent basis.
Responsibilities include but are not limited to:
Develop and maintain policies and procedures of the Bank.
• Manage day-to-day operation of Financial Crime function,
• Develop and implement a Compliance monitoring plan to assess the adequacy and effectiveness of internal systems of control with respect to Compliance and Financial Crime.
• Perform oversight of regulatory reporting program and liaise with departments and third party service providers to ensure timely and accurate regulatory reporting.
• Independent review and investigation of Compliance and Financial Crime issues.
• Collaborate and liaise with internal and external stakeholders, including regulators.
• Identify potential Compliance and Financial Crime risks
• Perform Financial Crime Risk Assessments for areas including KYC, AML, Sanctions, ABC, Fraud and Market Abuse.
• Periodic and ongoing review and update MLRO Report and Country Risk Assessment.
• Ongoing and periodic reporting to Head of Legal & Compliance, Senior Management, Legal & Compliance Committee, Board Risk Committee, Head Office and regulators.
Skills and knowledge:
• 5 years of financial services/ banking experience
• Exposure to compliance monitoring plan, oversight and review of compliance manual and policies
• Experience in a Compliance, Financial Crime leadership role ideally within mid-sized international banking environment
• Excellent written and verbal communication skills
• Excellent working knowledge of Money Laundering Regulations, JMLSG, and the FCA principles for the banking and financial services sector
• Sound knowledge of KYC, AML and Sanctions processes and understanding of the requirements for risk-based approach to on-boarding, periodic reviews and monitoring
• Strong analytical skills to use data, metrics for risk monitoring
To apply for this job please visit definitejobs.co.uk.