Financial Crime Officer – Associate recruitment
Main responsibilities
- Assisting with the implementation and management of the anti-financial crime strategy within the UK covering anti-money laundering, terrorist financing, bribery and corruption
- To work with the Head of the Financial Crime Unit and other members of the team to maintain and further enhance SGLB’s financial crime compliance programme in line with SG Group Instructions relating to financial crime matters and UK regulatory standards
- Proactive participation in the maintenance of the risk cartography, ensuring that the inherent regulatory risks posed by business activity are determined, the mitigating factors assessed to determine the residual risk and the actions required to further mitigate, or reduce, the regulatory risk
- To liaise with the global Know Your Client (“KYC”) Function and the London KYC Team to provide guidance on UK requirements
- Assisting in the maintenance and continuing development of the risk assessment processes including the country risk assessment process;
- To approve high risk accounts for SGLB
- Involvement in the approval of new products from a financial crime perspective;
- Assisting with implementing and maintaining appropriate management information for financial crime;
- Involvement in the planning, review and design of sanction/embargo controls;
- To provide AML advice and guidance to senior management
- To participate in the development and enhancement of SGLB’s financial crime monitoring programme
- To develop and enhance financial crime related policies and procedures as necessary
- To provide financial crime training to the business and senior management and maintain training records
- To conduct investigations and make reports to the Serious and Organised Crime Agency (SOCA) and/or the FSA under the supervision of the MLRO
- To assist the Head of the Financial Crime Unit to produce the FCU’s contribution to the monthly SGLB Compliance and Financial Crime Report for the Head of SG Group Compliance and senior management
- Undertake AML monitoring activities as part of a broader shared monitoring framework within the team
- Attendance at relevant industry and trade association seminars
Specific context
- Post holder must actively pursue a team approach, with frequent interaction and communication across all areas of the Compliance Department.
- Post holder must actively encourage communication and interaction with compliance colleagues in France
- Occasional travel to Paris may be required
CANDIDATE PROFILE
Education
- Graduate level or equivalent preferred
Past experience
- Previous compliance experience relating to Financial Crime
Languages
- Fluent English, French an advantage, but not prerequisite
Technical skills
- In-depth working knowledge of FSA and other regulatory rules
- In-depth working knowledge of financial crime related legislation
- Knowledge of EU directives relating to financial services, as well as broad knowledge of AMF and Commission Bancaire rules
Personal abilities
- Influencing skills
- Presentation skills
- Report-writing skills
May 9, 2012
• Tags: Accounting & Finance careers in the UK, Associate recruitment, Financial Crime Officer • Posted in: Financial