AML & Financial Crime AVP

AML & Financial Crime AVP

12 Month Contract (Initial)

London

Hybrid Working

The Adecco group is part of Adecco Workforce Solutions (AWS). We put expertise, energy, and enthusiasm into improving everyone's chance of being part of the workplace. We respect and appreciate people of all ethnicities, generations, religious beliefs, sexual orientations, gender identities and more. We do this by showcasing their talents, skills, and unique experience in an inclusive environment that helps them thrive.

We are happy to be recruiting for one of our high-profile banking clients. They are currently looking for a AML & Financial Crime AVP to join them for an initial 12 month contract, however there may be scope for extension.

Purpose of the Role:

• To act as a subject matter expert for the first line of defence, within the three lines of defence model, protecting the Bank and its clients from Fraud, Sanctions, and Financial Crime risks in relation to all live transactions processed EMEA wide
• To assist in and complete investigations and the collection of background information for CPD in relation to any transactional financial crime investigation as required.
• To escalate and formally report any transaction or client which appears to expose the Bank to any Sanction or Financial Crime risks to the CPD second line for advice / guidance, submitting a SAR where necessary.

Accountabilities & Responsibilities:

• To manage and have oversight of the day to day productivity of the Team, ensuring the daily workload is completed in a timely manner in accordance with Bank Policy and Procedures.
• Where allocated to perform the processing of the roles within the allocated team.
• Where allocated to conduct a 4 eye checks on the team's work, ensuring adherence to agreed procedures.
• Co-ordinating quality reviews to ensure team members are conducting processing of roles accurately, escalating issues where identified.
• Manage, Motivate and Develop staff, to ensure they are meeting their personal and team objectives. Provide constructive feedback, appraisal, coaching, and training to individuals within allocated team on a regular basis, in order to effectively manage and mentor team members.
• Represent the team at internal / external meetings as a subject matter expert.
• Provide assistance and guidance to the team and act as the subject matter expert
• Act as a central point of contact for the team and an escalation point if any issues are noted with files under process
• Review system generated Sanction Hits in the Banks Sanction filter - Fircosoft.
• Complete the level zero initial pass / fail within the systems
• Ensure that items are processed within the agreed cut off times and all items are reviewed in a timely manner.
• Act as a referral point for other staff and provide training when required.
• To manage or undertake a proactive role in any ongoing projects as required including system development and testing.
• Actively participate in Business Contingency Plan updates and User Testing.
• Ensure User Acceptance testing for new functionality rollout is completed and documented in an accurate and timely basis as part of implementation plans.
• Implement and report Management Information for both the monitoring of the Analysts and provision of data for Bank Committees.
• Liaise and develop relationships with Internal / external stakeholders
• Coordinate with FCMO and Financial Crime Group in CPD to ensure all new Standards and Policies are interpreted and implemented within the team and systems
• Escalate activity in line with procedures to CPD ensuring 3 lines of defence are honoured.
• Review and Approve robust desktop procedure manuals to reflect changes in operating processes/working practices.
• Review Quality Review findings and ensure any issues are resolved within the agreed timescale. Ensure that the findings are fed back through the team and any common themes are subject to additional training.
• Assist in and represent the team in any Audit review or ad-hoc investigation.
• Engage in other ad-hoc duties as required or directed.
• Assist in the production of any Management reporting as required.
• Report and escalate issues to the Managing Director of SMFD and the OAD management team.
• Proactively contribute to improved team performance, by identifying weaknesses in the workflow and processes and taking action required to make improvements adopting the OAD Kaizen concept.

Knowledge & Experience Required:

• The role requires a good understanding of the regulatory framework associated with the UK Bribery Act / Financial Crime / Sanctions / AML and to keep abreast of the changes to this.
• Externally recognised qualifications in relation to AML and Customer Due Diligence are preferable. ( e.g. ICA certificates / ACAMS)

Location:

This is a hybrid working role, with a requirement to work from the clients London office 2 days a week.

Working hours:

Standard working hours with some flex where required.

If you feel that this is a role that would suit you then please apply today.

If you do not hear from us within 48 hours of your application, please assume that you have been unsuccessful on this occasion.

The Adecco Group is an equal opportunities company