Financial Crime Prevention - Technical Specialist

To place the interests of customers at the centre of all activities, act in a way that is consistent with achieving good outcomes for consumers and to comply with the FCA and PRA's Conduct Rules.

Key Responsibilities:

Responsible for dealing with routine FCP matters (e.g. escalations from the front office, general queries, procedure updates).
Providing input and insight into the development of Financial Crime policies.
Monitoring the Financial Crime action log ensuring actions are completed in a timely manner.
Monitoring and review of potential PEP and Sanctions matches and making recommendations for action.
Review bank account opening packs to ensure compliance with AML and business requirements and sign off where authorised to do so.
Provide recommendations to the Head of Due Diligence and MLRO regarding Standard (EDD) and High Risk accounts When requested, take responsibility for the maintenance of the Intranet pages relating to Financial Crime procedure and guidance notes (excluding Fraud).
Assist with the timely completion of regulatory and law enforcement returns and the annual Financial Crime Risk Assessment for the Bank.
Prepare and deliver training to staff across the business as guided and instructed by the MLRO and/or Head of Due Diligence.
Conduct periodic 2LOD reviews of High Risk accounts, PEPs and Investment Management transactions providing recommendations for action to the MLRO/Head of Due Diligence
Oversee the preparation of Financial Crime MI for use by the team and business
Deputise for the Head of Due Diligence at relevant external events and management committees.
Assist with the FCP Monitoring Programme, carrying out review work as and when requested.
Provide ad hoc assistance to the MLRO, Financial Crime Prevention Manager and Head of Due Diligence on projects and queries, requests from Senior Management, Internal Audit and FCA.
Be actively involved in business-wide projects as required.
Risk:

Responsible for managing risks inherent to the role by diligently observing internal policies and procedures.


Key Interfaces:
MLRO
FCP team
Front Line Bankers and their teams
Banking Operations
Investment Management/Wealth Planning

Person Specification

Knowledge/Experience/Skills:

Previous experience of working within a Financial Crime Compliance environment.
Broad knowledge across a range of Financial Crime subject matters.
An understanding of financial crime risks impacting the AL Group.
A very good understanding of the financial crime related regulatory environment and in particular the legal and regulatory framework specific to Anti-Money Laundering.
Knowledge of the FCA’s conduct of business requirements specific to AL Group’s Business desirable.
Qualifications:

Working towards or completed level 4 qualification covering Compliance/Financial Crime desirable.
Competencies:

Team Working
Influencing Others
Performance Focus
Problem Solving and Judgement
Communication and Confidence Read more