Job description: THE COMPANY:Our client is a multinational banking organisation. They are seeking a generalist Compliance Officer to join the team.THE RESPONSIBILITIES:
Tracking and operationally implementing UK AML regulatory updates
Working on all financial crime matters depicted in FCA Financial Crime Guide.
Working closely with CDD/KYC customer on-boarding process for complex corporate customers
Assessing the level of risk associated with PEP/RCA, SIE, SIP, and adverse news during customer on-boarding.
Understanding, track and implement the sanctions updates from HM Treasury’s Office for Financial Sanctions Implementation (OFSI)
Good breadth of tracking and implementing the relevant regulatory updates
Working on risk and control processes (CSA, RCSA and RRSA)
New Product Approval Process
Experience of conducting annual risk assessment on various risk areas for example, ABC, CFA, Conduct, Modern Slavery etc.
Dealing with FCA reporting requirements through RegData portal.
Submitting FCA CONNECT Applications.
Updating internal Policies and Procedures in timely manner.
Implementing reg compliance, CDD/KYC, and any other systems.
Formulating compliance testing plan and carrying out the FCC and Reg Compliance testing and QA locally.
EXPERIENCE REQUIRED:
Minimum 4-5 years Compliance experience within the Banking/Financial Industry, leaning towards international and UK compliance.
Knowledge of both financial crime and regulatory compliance/compliance monitoring
A strong knowledge of UK AML regulations including JMLSG guidelines
Familiar with UK’s legal regulatory framework and requirements
Good & practical understanding of banking products
PC literate, particularly Word, Excel, and Power Point
Experience of interacting with an overseas Head Office would be an advantage.
Experience in understanding and implementing CDD/KYC related systems
For further information please contact Natalie EshelbyAbout this roleLocation:LondonSpecialism:,Salary:£Competitive salaryType:Reference:19273
Expected salary:
Location: London
Job date: Fri, 27 Jun 2025 06:52:43 GMT
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