Anti-Money Laundering Officer – Russian Markets Knowledge recruitment
Our client, a leading private bank is looking for an Anti-Money Laundering Officer to assist the business in meeting its regulatory requirements in respect to money laundering deterrence. The individual would assist in identifying and mitigating risks across the private bank to help promote a proactive compliance culture within the firm.
Duties Include:
•Review accounts where transactional activity falls within a set of criteria used to spot eventual money laundering activity or finance of terrorism.
•Conduct the department’s anti-money laundering training schedule.
•Monitor changes to business practices and products to ensure that money laundering deterrence procedures and controls are adequate to cover them.
•Liaise with other departments in relation to money laundering deterrence, including the provision of regulatory support and guidance.
•Prepare reports to for key stakeholders on the outcome of monitoring and review work.
•Review new account openings to ensure compliance with the local regulatory requirements as well as with the internal standards with respect to internal KYC policy.
•Corroborate the information provided by the business and perform checks via outside sources.
•Lead and/or assist in ad hoc regulatory projects
The preferred candidate will ideally have a private banking, wealth management or asset management background and demonstrate a strong understanding of current regulatory issues.
You should also possess excellent communication and interpersonal skills and be able to interact at all levels of business effectively. Russian Eastern European markets knowledge language skills would also be advantageous.
If you are interested in this opportunity, please apply online