Deputy Manager

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

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