Andy File Associates Limited is working as a Recruitment Agency on behalf of our client with regards this permanent position.
Job Role
Deputy Manager is responsible for supporting the Head of Legal & Compliance in managing the Legal, Compliance and Financial Crime functions of the two UK entities.
Job Responsibility
- Develop and maintain policies and procedures of the client to ensure compliance with legal and regulatory obligations with respect to Compliance and Financial Crime
- Manage day-to-day operation of Financial Crime function, including oversight of business, operations and support functions with respect to Compliance and Financial Crime policies and procedures
- Provide advice and assistance to Senior Management, department heads and branches on Compliance and Financial Crime matters
- 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
- Keep abreast of changes in applicable laws and regulations and provide guidance to Senior Management, department heads and branches on proposed regulatory changes
- Identify potential Compliance and Financial Crime risks; develop and implement appropriate controls to address these 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
- Performing oversight and providing support to the legal team
Competency
- 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
Key Interactions/Networks
- Head of Legal & Compliance
- Senior Management
- Department Heads
- Branch Managers
Reporting Relationship
- Head of Legal & Compliance
Person Specification
- Over 10 years of Banking experience with 7 years in Compliance/Financial Crime, working in similar capacity
- Strong Influence and Impact skills