Compliance & AML Officer - Spain

Ford Motor

Posted on : 22-05-2025

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1 Vacancy

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Job Location

Barcelona - Spain

Monthly Salary

Not Disclosed

Salary Not Disclosed

Vacancy

1 Vacancy

Posted on : 22-05-2025

Job Description

Description

The individual performing this role is subject to the following:

Annual completion of relevant:
- Group Compliance Training Modules
- Global Corporate Compliance Training
- Local Compliance Training Modules
Ongoing assessment of Fitness and Propriety (F&P) of which the core categories are:
- Honesty Integrity Reputation
- Competence and Capability
- Financial Soundness

Responsibilities

The positionhas the following responsibilities:

PRINCIPAL ACCOUNTABILITIES AS COMPLIANCE OFFICERREGULATORY RELATIONSHIPAct as main point of contact with the local Regulators and establish effective systems and controls to maintain and enhance the relationship. Keep a formal record of all regulatory correspondence sent and received. Escalate key matters arising to Group Compliance as necessary.HORIZON SCANNINGImplement and maintain a framework for monitoring all relevant local legal and regulatory changes assess the impact on local regulatory compliance and advise the affected functions within the location and the wider FCE Group accordingly.COMPLIANCE RISK REGISTER (CRR)Identify key Compliance risks facing the location and be accountable for ongoing development and maintenance of the locations Compliance Risk monitor and evaluate the adequacy and effectiveness of the control framework in place to mitigate risks noted in the CRR.COMPLIANCE MONITORINGDevelop and take ownership of a Compliance Monitoring Programme for the Intermediary ensure that regular compliance monitoring takes place. Update the Compliance Monitoring plan at least annually and as required.POLICIES & PROCEDURESDevelop and maintain all compliance related Policy Letters Procedures and written standards.TRAININGDevelop implement and maintain an ongoing compliance training framework that aligns with regulatory expectations and peers. Leverage Group training materials and platforms where possible.BREACHESAnalyse monitor and report any compliance breaches and support the development and implementation of suitable measures to prevent recurrence.GOVERNANCEDevelop and participate in (including chairing as appropriate) suitable compliance and risk committees including mechanisms for escalating matters to senior management Group compliance and the Regulators as necessary.GOVERNANCEProvide a regular status updates (annually as a minimum) to the location directors and senior managers on all compliance mattersPOLICIES & PROCEDURESDevelop and maintain processes and procedures to ensure effective and efficient compliance with applicable regulations including local regulations antimoney laundering regulations and any other relevant regulatory requirements. Ensuring alignment with other European and UK offices as appropriate.STRATEGYSupport the development and implementation of strategic initiatives and priorities to ensure compliance advice is considered.UNUSUAL EVENTSImplement a framework to track and report the status of Incidents and Whistleblowing matters from the location to relevant Committee and assist FCEs Whistleblowing Champion with onward reporting to external bodies and the Board of Directors as appropriateBUSINESS CONTINUITYResponsible for implementing and overseeing a suitable Business Continuity Incident Management Plan for the compliance function.DATA PROTECTIONLocal support and point of contact of the Ford/Ford Credit European Data Protection Officer

PRINCIPAL ACCOUNTABILITIES AS AML OFFICERREGULATORY RELATIONSHIPMaintaining an appropriate relationship with all relevant AML & Financial Crime regulatory bodies.REGULATORY RETURNSWhere necessary develop and submit AML related regulatory and supervisory returns to the relevant local Regulators.GOVERNANCE & REPORTINGProvide a regular status update (annually as a minimum) to the location board of directors and senior managers on all AML and Financial Crime related matters including Sanctions and PEP Screening Suspicious Activity Reporting and Fraud. Escalate key matters arising to Group Compliance as necessary. RISK ASSESSMENTDesign and implement a dedicated AML and Financial Crime Risk Assessment document for the location. Ensure this remains uptodate and accurate. Obtain annual approval from the location board of directors and senior managers. Escalate key matters arising to Group Compliance as necessary.TRANSATION MONITORING & SARsMaintain an effective reporting process for suspicious transaction reports.PEPs & SANCTIONSEnsure appropriate screening against Sanctions and Politically Exposed Persons (PEP) lists; act in the event of a response to potential matches ensuring compliance with the regulations.PEPS

Review and approve initial PEPs

Review and approve existing PEPs

Maintain detailed and accurate MI of all PEPs

Escalate adverse media and high risk PEPs to Group Compliance

SARs

Oversee transaction monitoring alerts

Review and approve SARs

Escalate SARs to board and senior management

Report SARs to location financial intelligence unit and manage any ongoing dialogue with them on referrals

Maintain detailed and accurate MI of all SARs received and action

RPS User Admin & Accuracy Oversight:

Approve/Remove Users into the location RPS hierarchy

Daily/Weekly/Monthly RPS Reconciliation reporting review challenge and analysis

Manage Changes & updates to listings test new names added for completeness

Analyse name discrepancies and queries re: accuracy

UAT and OAT of changes to RPS

AML related Banking Questionnaires

Complete all AML banking questionnaires on request

Ensure Wolfsberg on file for all banking partners revisit and update annually as a minimum

TRAININGResponsibility for training awareness and instructing employees on methods of money laundering terrorist financing and how to record and report suspicions.CULTUREServe as a contact person in all matters AML and Terrorist Financing for colleagues.INTERNAL AUDITAttend meetings with Internal Audit support with information requests & questions support remedial actions required to close commentsDATA PROTECTION / PRIVACYLiaise with Ford/Ford Credit European Data Protection Officer and implement local initiatives to comply with data protection and privacy Spanish and EU laws

Qualifications

Education and Experience:

Qualifications:

Degree educated with a minimum of 5 10 years of experience in a senior compliance role within the financial services industry. Proven experience managing relationships with regulatory authorities.

Regulatory Expertise:

Deep understanding of Spanish and European Union financial regulations. Knowledge of relevant industry best practices Spanish financed sales in installments and financial lease regulations and Spanish and European Union data protection laws is highly desirable.

Analytical and ProblemSolving Skills:

Exceptional analytical skills with the ability to identify assess and mitigate compliance risks effectively. Strong problemsolving skills and a proactive approach to identifying and resolving issues.

Communication and Leadership Skills:

Excellent written and verbal communication skills in Spanish and English. Strong leadership skills with the ability to influence and motivate teams across different departments.

Desired Characteristics:

Experience working within a global organization.
Understanding of the automotive finance industry.
Ability to simplify complex information and communicate it effectively to diverse audiences.
Proven ability to build consensus and collaborate effectively with various stakeholders.
A proactive resultsoriented approach with a strong commitment to ethical business practices.

Ford is committed to diversity and equality of opportunity for all and is opposed to any form of less favourable treatment or harassment on the grounds of gender marital

status civil partnership status parental status race ethnic origin colour nationality national origin disability sexual orientation religion/belief gender reassignment and

gender identity age and those with caring responsibilities.

#LIJC2

#LIHybrid

Required Experience:

Unclear Seniority

Employment Type

Full-Time

Company Industry

Key Skills

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About Company

Ford Motor

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Compliance & AML Officer - Spain

Ford Motor

Job Description

Employment Type

Company Industry

Key Skills

About Company

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