Financial Crime Manager

  • Location

    London, England

  • Sector:

    Operations & Middle Office

  • Job type:


  • Salary:

    Up to £55000 per annum

  • Contact:

    Bethany Singer

  • Contact email:


  • Job ref:


  • Published:

    5 months ago

Main responsibilities will include;

  • You will provide support within the wider Financial Crime team which is responsible for: developing and maintaining policies and procedures in respect of AML, Due Diligence, ABC, Fraud prevention and detection; and Sanctions.
  • Providing guidance to the business on JMLSG, FCA, UK Bribery Act, relevant Sanctions lists and any other applicable rules/guidance.
  • Providing financial crime subject matter expertise and other support as required for the UK business and management.
  • Keeping up to date with developments in Financial Crime regulation and industry best practice, and implementing changes where necessary.
  • Approving Higher risk new accounts, providing guidance to and the KYC Team and Relationship Managers ("RM") on Higher risk clients
  • Providing advice and guidance to the KYC Team and RM on specific enhanced due diligence requirements for Higher risk clients and complex cases.
  • Performing enhanced due diligence where required (SPVs, PEPs, adverse media etc.)
  • Providing advice to the Transaction Monitoring Team in relation to the referrals for Sanctions, PEPs and Adverse media.
  • Understanding the reporting obligations and legal requirements in assigned jurisdictions to ensure submission of high quality SARs, including liaising with the Financial Intelligence Units (FIUs)
  • Assisting the MLRO/DMLRO with responses to requests for information from the FCA or Law Enforcement Agencies (Production Orders etc.)
  • Assisting the Compliance Monitoring team in their design and testing for financial crime related reviews.
  • Assisting in ensuring that there is proper coordination with external auditors, local/Group internal auditors to ensure smooth delivery of duties/tasks and that exceptions raised are properly followed up.
  • Managing follow-ups on corrective actions arising from the CMP and audit actions.
  • Assisting the MLRO/DMLRO in the preparation of the annual report.
  • Assisting the MLRO/DMLRO in the preparation of the Financial Crime Report to the FCA.

To be considered for this opportunity, ideal candidates must have the following experience/skills;

  • Bachelor's Degree or other Professional Qualification in Management, Banking or Finance, preferably with certification in compliance, or AML.
  • Relevant experience preferably with working experience in Banking sector, and good knowledge of both Personal and Corporate Investment Banking.
  • Able to review, interpret and communicate and apply AML/CFT legal requirements in a commercial fashion
  • Experience of dealing with international law enforcement/third parties
  • Relevant experience in a Compliance or Audit role.
  • Excellent demonstrable working knowledge of UK and EU banking regulation. Ability to work under pressure and to tight deadlines.
  • Very strong written and presentation skills.
  • Strong analytical, interpersonal and communication skills with excellent attention to detail.
  • Proactive, with the ability to generate ideas, think creatively and develop innovative solutions.

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