Financial Crime Advisory SME - Investigations

Job Title:Financial Crime Advisory SME Investigations
Location:London U.K.
Department:Financial Crime
Employment Type:6 months Fixed Term Contract
Work Pattern: FullTime

Overview:

Take an active role in the management of the Financial Crime Compliance team including:

• Providing expert advisory guidance to the 1LOD regarding all financial crime related queries (this includes all financial crime typologies).
• Perform and contribute to the Banks ongoing financial crime risk assessments.
• Formulate and conduct quality assurance testing in line with the result of annual risk assessment
• Evaluate and monitor upstream risk and ensure adherence to new legislative requirements coordinating with ABCIB ABCSA & Turkish Rep Office.
• Contribute to FCC related project work and act as FCC lead where requires. Manage good relationships with relevant stakeholders.
• Contribute to the regulatory returns schedule relating to financial crime matters for FCA CBB and other regulators.

What You Will Be Doing:

• Addressing financial Crime escalations received by the ABCIB London Financial Crime Team including CDD advisory from both ABCIB & ABCSA
• Assist with management of the Safewatch MLRO queue as per assigned schedule including local list updates as required
• Review all new policies and assist operations and front office with the implementation and embedding of those polices standards and procedures across ABCIB and its subsidiaries and representative office.
• Provide advisory services to the first line of defense regarding financial crime queries
• Sign off high risk client periodic reviews and any other new to bank clients and/or transactions as instructed by the MLRO/DMLRO
• Contribute to the development and implementation of the Financial Crime Quality Assurance framework including the drafting of new templates and completion of assigned QA testing points
• Ensure that ABCIB is part of the wider Financial Crime compliance industry to receive the latest interpretation of legislation and regulation. Gap analysis assessments to be performed as instructed by the MLRO/DMLRO
• Input into the production of Financial Crime related Management Information
• Act as department representative for local and group led project work as assigned by the MLRO/DMLRO
• Oversee GRC tool and ensure all financial crime compliance assigned points are updated and addressed before assigned deadlines
• Contribute with bank wide risk assessments as instructed by MLRO/DMLRO including conducting workshops with the first line to assess risk present and completion of questionnaire templates.
• Lead on iSAR investigations and subsequent disclosures to the relevant authorities as instructed by the DMLRO/MLRO
• Contribute to the running of the London Sanctions Desk including approving general requests and conducting enhanced due diligence on transactions where a sanctions nexus is present.
• Contribute to regulatory reporting requirement as instructed by DMLRO/MLRO including RepCrim and Rep017.

Candidate Specification:

• Understanding of the compliance framework
• Understanding of the Financial Crime legislative and regulatory environment for ABCIB
• Understanding of cross border requirements and the application of regulation such as the 5^thEU Money Laundering Directive
• Knowledge and experience in Trade Finance
• Due diligence and KYC experience
• Developing processes and drafting reports
• 5 years AntiFinancial Crime experience
• Openness in dealing with all staff
• Demonstrate a proactive attitude.
• Strong at written and verbal influencing
• Strong participant in discussions and meetings
• Can work as part of a team and independently.
• Must be able to deal with staff at all levels within the organization
• Highly organized strong communication and time management skills

Equal Employment Opportunity

Bank ABC is committed to the principles of equal employment opportunity for all employees and applicants and in accordance with applicable laws does not discriminate on the basis of sex gender identity gender expression race color religion national origin ancestry age marital status disability medical condition sexual orientation or on any other basis prohibited by law.

We welcome applications from people with disabilities and are committed to providing reasonable adjustments where necessary to make interviews and jobs more accessible. Should you have any difficulty during the recruitment process require any reasonable adjustments or an application to Access to work please contact the recruitment lead on: