Compliance Officer

Permanent @Charlie Watson in Compliance
  • City of London View on Map
  • Post Date : May 28, 2024
  • Apply Before : November 28, 2024
  • Salary: £35,000.00 - £45,000.00 / Annual
  • 0 Application(s)
  • View(s) 156
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Job Detail

  • Job ID 41095

Job Description

Compliance Officer

City of London

5 days per week in office

Permanent

£35,000 – £45,000

 

cer Financial are working alongside an international bank who are based in the City of London. They are seeking a Compliance Officer to work with them on a personal basis. Please only respond if you have experience within compliance in financial services (ideally banking!)

 

Key requirements from suitable candidate:

 

  • Strong regulatory compliance / compliance monitoring experience and knowledge
  • AML and KYC onboarding experience
  • Transaction monitoring experience

The Responsibilities of a Compliance Officer Will Include:

 

  • Responsible for monitoring the branch’s compliance with applicable laws and regulations.
  • Identifying and assessing the appropriateness of the Bank’s compliance policies and procedures in order to conform with applicable laws and regulations.
  • Developing and updating all compliance related policies and Compliance Rule Book.
  • Preparing compliance annual work plan.
  • Performing sufficient and representative compliance review.
  • Carrying out the necessary enquiries/investigations on compliance incidents.
  • Developing and updating AML/CFT policies and procedures.
  • Reviewing “Know Your Customer (KYC)/Customer Due Diligence (CDD)” and inward/Outward remittance transfers compliance requirements.
  • Receive, investigate and file Suspicious Activity Reports (SARs) to National Crime Agency (NCA).
  • Monitor HM’s Treasury financial sanctions and terrorist list.
  • Taking reasonable steps to establishing and maintaining adequate arrangements for AML/CFT awareness and training.
  • Monitoring and reporting to Head Office regarding AML/CFT implementation.
  • Reporting compliance activities and compliance review findings.
  • Monitoring corrective actions to address compliance review findings.
  • Identifying, assessing and reporting to the Branch’s senior management and Head Office new applicable laws and regulations and their impact to branch’s operations and business activities.
  • Identifying and assessing the compliance risks associated with the organisation’s current and proposed future business activities.

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