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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