Financial Crime & Sanctions Manager recruitment
As a result of an internal move my client is seeking an experienced Financial Crime Assurance Sanctions Manager. The purpose of this role is to ensure the organisation meets its Sanctions (and prohibitions) obligations as well as be a subject matter expert on sanctions customer and payment screening procedures.
Responsibilities:
- Receive, review, log and distribute new or updated sanctions or HM Treasury Notice from the companies Group Anti-Money Laundering Committee.
- Ensure that sanctioned or prohibited individuals and entities are correctly identified and reported to the authorities:
- Work any referred Sanction matches to confirm or eliminate match.
- Review any potential payment matches to confirm or eliminate match.
- Report any sanctions matches to appropriate internal authorities.
- Ensure that operational teams take appropriate actions on accounts where sanctions matches have been confirmed.
- Develop/maintain appropriate Sanctions/Prohibitions governance and oversee periodic review of accounts.
- Oversee regular monitoring plan to sample check investigation cases for quality, input, and justification, utilize results for Training and Development coaching.
- Review current matching and review rules, agreeing any revision made in consultation with the Financial Crime Director.
- Monitor operational teams SLA's to ensure policy compliance.
- To provide advice and guidance to the operational team on processes, and procedures when applying customer search matching criteria to sanctions or prohibition lists and be seen as an expert in this field.
- Provide regular reports to line manager on Cluster performance.
- Devise a risk based assurance programme to monitor compliance to relevant. Sanctions and Prohibitions programmes.
- Oversee relevant testing and reviews/challenge of business areas self-certification.
Requirements:
- Strong understanding of retail banking products and services.
- Excellent overview of regulatory requirements in relation to financial crime.
- Strong understanding of FSA regulations.
- Experience in analysing information and reaching an informed decision.
- Fluent knowledge of how Bank of England sanction notification and HM Treasury notices are applied within a financial institution.
To apply to this position or for further information then please send your CV to Richard Roland-Price at richard.rprice@eamesconsulting.com or alternatively call 02070923258.
March 5, 2012
• Tags: Financial Crime & Sanctions Manager recruitment, Retail Banking careers in the UK • Posted in: Financial