Compliance Fraud Prevention

Job Description

Our City based client are looking for a Financial Crime Prevention Manager to join their Compliance Team.

This role requires Banking experience and will be 5 days in the office.

Management, completion and maintenance of financial crime processes within the compliance function adopting a compliant approach at all times and ensuring robust controls are operated enabling the Bank to meet its ongoing compliance objectives/regulatory obligations in respect of anti-money laundering/countering terrorist financing and associated obligations.

• Possess a thorough and up-to-date understanding of: relevant financial crime regulatory rules; anti-money laundering and terrorist financing legislation; the Proceeds of Crime Act; statutory financial crime guidance and other statutes/guidance applicable to the Bank’s business.
• Manage and complete the evaluation of suspicious activity reports (SARs) and make disclosures to the National Crime Agency (NCA), acting as a central point of contact for all SARs disclosures and for communication with relevant authorities including the NCA.
• Develop and embed appropriate controls, policies and procedures to manage financial crime risk across the Bank and support the day-to-day operations of the Financial Crime Prevention Team to help the Bank conduct its activities in accordance with regulatory requirements including transaction monitoring and sanctions screening activities.
• Develop and train and develop staff in the Financial Crime Prevention Team.
• Provide training to staff as required: to enable the effective operation of systems and controls; to maintain awareness and to ensure that they understand their individual and corporate responsibilities regarding the detection and prevention of financial crime in the Bank.
• Conduct activities in accordance with regulatory requirements.