Responsibilities:

• Report directly to the MLRO of the Bank, supporting in the oversight and management of the Bank's efforts in preventing and detecting financial crime risks;
• To provide financial crime prevention (FCP) advisory across the Bank with an emphasis on Trade Finance, Sanctions, ABC and Fraud prevention in accordance with relevant laws, regulations and internal policies;
• Manage daily responsibilities of the Financial Crime Advisory function, provide support, guidance and training to the advisory and Trade Finance staff members within the FCP Team, and maintain an effective management reporting line;
• Maintain an awareness of current Financial Crime regulations and legislation and ensure that changes are reflected in the following Bank's policies, procedures and appendices: Anti-Money Laundering (AML), Customer Due Diligence (CDD), PEP, Sanctions, Fraud, Off boarding, Anti-Bribery & Corruption, Trade Finance, Gifts & Hospitality, Sanctions, Country Risk Assessment, and Customer Risk Rating Methodology;
• Direct management of 2 to 4 staff members, including regular 1-2-1 and annual appraisals;
• Undertake systems functionality and framework testing for Trade Finance, Fraud, Sanctions and etc.
• Ensure regular and accurate management information and the relevant reports are produced on a timely basis including: FCA Rep 017 Payments Fraud Report, FCA Financial Crime related Fraud Risk Assessment, Management Report, Quarterly and annual MLRO reports;
• Perform ongoing reviews as determined by the FCP monitoring plan;
• Oversee and support the completion of quarterly CDD and monthly Trade Finance QA reviews and the annual Gift and hospitality review;
• Support delivery of the Bank-wide Financial Crime Risk Assessments;
• Liaise, as required, with Head Office to ensure 'group-wide' policies are implemented in the Bank if appropriate;
• Assist Head Office with Sanctions Risk Assessments and other Sanctions related matters;
• AML Management Work of Overseas Institutions;
• Support the Transaction Monitoring team with the clearing of STORMS alerts in case of high volumes or absences;
• Attend KYC due diligence calls/meetings with counterparties and generate call reports;
• Re-open, suspend and reactivate clients on relevant systems;
• Review and provide guidance on ABC and sanctions clauses on facility agreements;
• Responsible for managing transaction screening system filter settings including algorithms, filter severity settings, tuning and threshold settings, create rules/ exceptions, and testing.
• Maintain personal and professional development and training in order to discharge responsibilities;
• Design relevant course material and ensure staff within the Bank receive proper training in: AML/CFT/ABC, New starter's financial crime induction (monthly) and other financial crime related matters.

Experience:

• 4 day office based role
• Certificate/Diploma in Trade Finance required
• Strong technical financial crime and regulatory and legislative knowledge, including Money Laundering, Terrorist Financing, Sanctions, Fraud, Bribery & Corruption, Trade Finance, Facilitation of Tax Evasion and Modern Slavery;
• Strong Trade Finance, Sanctions, Fraud prevention and ABC advisory experience, preferably gained from acting as a SME in a bank/financial institution;
• Strong Knowledge and previous experience in Trade Based Money Laundering is a must;
• Practical knowledge and experience of the following: JMLSG, ML Regs, POCA 2002, 4/5EUMLD, The Bribery Act 2010, International Sanctions;
• Exceptional attention to detail and good application of the risk-based approach;
• Experience of sanctions payment screening and transaction monitoring systems;
• Experience in financial crime compliance or audit roles with demonstrable career development;
• Track record of performing in a wholesale banking environment with exposure to high risk scenarios;
• Good knowledge of the relevant FCA & PRA rules pertaining to sanctions and financial crime systems and controls and UK Money Laundering Regulations