MLRO (SMF17)

THE COMPANY:

Our client is one of the leading banking groups, with millions of corporate clients worldwide.

THE RESPONSIBILITIES:

• Assume responsibility for the MLRO function for the Bank, ensuring all AML policies and procedures are communicated to all stakeholders and to provide on-going guidance to front office on matters relating to financial crime.
• Perform an annual risk assessment of AML for the Bank, submitting the MLRO Report to the senior management documenting findings and recommendations, if any.
• Maintain functional oversight of customer due diligence process.
• Review local AML procedures for compliance with UK country specific requirements, ensuring the annual benchmarking exercise is conducted accordingly in this regard.
• Be responsible for the Suspicious Activity reports, making disclosures to NCA, where MLRO judges this to be applicable and necessary.
• Ensure the timely review of transaction alerts triggered ensuring they are closed effectively and correctly; escalating any issues further investigation / decision making if necessary.
• Instigate a periodic review of the risk assessment for bribery and corruption in line with the UK Bribery Act 2010
• Arrange for annual refresher training to all staff on AML and financial crime in accordance with UK laws.

EXPERIENCE REQUIRED:

• Previously held SMF17 function
• Experience within a similar financial services firm (Wholesale, Investment or Corporate Bank)
• Experience of undertaking management meetings and engaging in constructive discussions with the senior leadership team.

For further information please contact Hannah Tabatabai