Job Title: Deputy European Head of Financial Crime / Deputy UK MLRO
Location: London, U.K.
Department: Financial Crime, Compliance
Employment Type: Permanent
Work Pattern: Full-Time 

Overview:

The responsibility of the Deputy European Head of Financial Crime/Deputy UK MLRO is to support the European Head of Financial Crime/UK MLRO in ensuring that the Bank remains compliant with the legislation and regulation for money laundering, terrorist financing, fraud, bribery and corruption, tax evasion sanctions and other financial crime areas relevant to ABC International Bank plc (ABCIB) in Europe and ABC London Branch.

This is a 2LoD role and assists with the management and enhancement of the Financial Crime Framework within ABCIB, including the oversight and management of Policies, Standards and Procedures. The development of Management Information (MI) is a vital part of the role, and the subsequent analysis.

The role holder will be expected to provide SME level support and guidance to the FCC team and the Bank on AML, Fraud, Bribery & Corruption, Sanctions, and wider financial crime matters. The holder must be a practitioner in financial crime.

The role deputizes for UK MLRO/SMF17 in their absence and will hold Delegated Responsibility and will attend relevant management meetings when required. The DMLRO will also act as the Nominated Officer.

The role holder must have substantial experience as a DMLRO or Head of Financial Crime in a corporate bank and have conducted investigations to their conclusion, including reporting to the relevant authorities where appropriate.

Staff training and communications, key project delivery, transactional reviews and investigations and the development of financial crime programs and initiatives are all an important part of the role.

What You Will Be Doing:

• Assist the MLRO in developing and implementing and maintaining financial crime policies and procedures.
• Ensure compliance with relevant legal and regulatory requirements relating to AML and terrorist financing.
• Be able to conduct and overseeing transactional reviews and investigations.
• Draft and submit SARs and provide advice and guidance on SARs and relevant legislation to the Bank.
• Be able to conduct financial crime risk assessments, undertake and supervise Quality Assurance reviews, manage the audit and Compliance Monitoring Reviews.
• Support the development and delivery of financial crime training on an UK and European basis.
• Central to the role is working in partnership with the departments across the Bank to provide advice and guidance.
• Establish a close active working relationship with Group Financial Crime Compliance and other key Group stakeholders.
• Proactively stay updated on regulations and regulatory changes as well as industry best practice with focus on Financial Crime Risks. 
• Support the local staff in branches and representative offices in the satisfaction of compliance and regulatory requirements related to financial crime.

Candidate Specification:

• Substantial technical knowledge gained from a corporate bank or Regulatory body. 
• Substantial understating of financial crime typologies. 
• Substantial understating of financial crime systems and controls. 
• Must understand banking products and transactions. 
• Must understand trade finance. 
• Must have experience in anti-fraud measures and systems / controls. 
• It is highly desirable if you have a degree in a relevant subject is required and additional industry qualifications. 
• Minimum 8 years’ experience in senior financial crime roles (DMLRO, Head of Financial Crime). 
• Must have attention to detail. 
• Very strong written and verbal skills. 
• Strong participant in meetings. 
• Must be able to engage with staff at all levels and build partnerships.

Equal Employment Opportunity

Bank ABC is committed to the principles of equal employment opportunity for all employees and applicants and, in accordance with applicable laws, does not discriminate on the basis of sex, gender identity, gender expression, race, color, religion, national origin, ancestry, age, marital status, disability, medical condition, sexual orientation, or on any other basis prohibited by law.

We welcome applications from people with disabilities and are committed to providing reasonable adjustments, where necessary, to make interviews and jobs more accessible. Should you have any difficulty during the recruitment process, require any reasonable adjustments or an application to Access to work please contact the recruitment lead on: michael.williams@bank-abc.com