Operations Team Leader/ Financial Crime

Operations Team Leader/ Financial Crime

As an Operations Team Leader you will be responsible for:

* Verify customer information and understand the nature of business to determine financial crime risks associated and the level of DD to be applied
* Complete periodic CDD/EDD reviews to include ownership structure analysis for Financial Institutions and Corporates of all risk levels.
* Present recommendations on existing clients, supported by comprehensive assessments on industry and geography risks, adverse news findings, PEPs and UBOs.
* Analyze AML-risks across a wide range of entity types, structures and products and escalate complex issues.
* Work closely with Risk, on financial crime alerts (transaction monitoring, customer screening, payment screening).
* Handle all ‘false positive’ alerts and escalate ‘true positives’ to Risk.
* Conduct periodic reviews of customer activity – as determined by risk category. Update DD information held to ensure accuracy. Escalate any high risk scenarios
* Review new to list PEP/ SOE/ sanction/ enforcement alerts against existing customer-base. Conduct DD refresh accordingly.
* Review after-the-event transaction alerts which have triggered due to rules and patterns designed to detect abnormal, out of character or suspected money laundering activity.
* Review after-the-event transaction alerts which have been declined / accepted, triggered due to rules and patterns designed to detect abnormal, out of character or suspected fraudulent activity.

As an Operations Team Leader you will need to have:

Financial Services/Banking Experience:

* Experience working with high-risk entities and products.
* Knowledge of corporate entities, ownership structures and corporate banking requirements.
* Knowledge of sectors such as business banking, money remittance, electronic money, wealth management, TCSPs.
* Knowledge of agency banking.

Financial Crime Expertise:

* Experience and knowledge of AML and CDD (to include SDD and EDD) for Corporate Clients and confidence working with complex ownership structures.
* Understanding of money laundering typologies across a range of products and services in financial services.
* Experience dealing with PEPs, sanctions, suspicious activity investigation & reporting.
* Understanding of UK and EU AML/CTF legislation (international AML/CTF knowledge is advantageous)
* Understanding of FCA/PRA regulations, permissions and applicable AML supervision amongst Financial Institutions.
* Knowledge of financial crime systems.
* Understanding of fraud and financial crime risks relating to all payment channels
* Knowledge of fraud modus operandi and prevention techniques for both consumer and business customers
* Sound understanding of financial crime related regulation, industry guidance, and industry best practice


* Knowledge of domestic and international electronic and card payment schemes
* Strong people management experience
* Self-starter, able to work independently when needed, and to prioritize tasks.
* Strong attention to detail and good judgement.
* Effective interrogation of internet sources.
* Ability to communicate and negotiate with key stakeholders.
* A recognized AML qualification is desirable but not essential.
* Ability to work effectively with senior management
* Track record in ensuring fraud losses are kept within expectations, whilst delivering excellent customer experience

If you are interested in this fantastic opportunity, please contact Scott Duerden on Tel 0203 846 0791 | Mob 0777 966 3482 | Fax 0203 846 0751 or [email protected]

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