Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Join our team as a Compliance Officer, tackling financial crime and ensuring regulatory compliance.
- Company: We're an international investment bank located in the heart of the City.
- Benefits: Enjoy competitive pay, professional development opportunities, and a dynamic work environment.
- Why this job: Make a real impact by safeguarding the bank against financial crime while growing your career.
- Qualifications: 2nd line compliance experience in investment or wholesale banking is essential; KYC experience is not required.
- Other info: Be part of a supportive team focused on compliance and risk management.
The predicted salary is between 48000 - 72000 £ per year.
THE COMPANY: Our client is an international investment bank based in the City. They are looking for a Compliance Officer with a specialization in Financial Crime to join the Business. THE RESPONSIBILITIES:
- Advise the business on client onboarding/review referrals such as PEPs and high-risk clients subject to EDD.
- Investigation of referrals regarding Financial Crime by the business or operational areas.
- Advise the business and support areas on Financial Crime aspects, on the implementation of new products, to ensure compliance with relevant regulations;
- Ensure key Financial Crime regulatory changes are analysed and the necessary changes are implemented;
- Maintenance of the Banks Financial Crime related policies and procedures;
- Complete the regulatory reports related to Financial Crime;
- Monitoring transactions and identification of suspicious activities;
- Provide Financial Crime training;
- Assist with internal audit review focused on Financial Crime ensuring all necessary documentation and reports are provided in a timely manner.
- Monitor and analyse SWIFT transaction to identify any suspicious activities, ensuring compliance with financial crime regulations and internal policies
- Implement and maintain updates to SWIFT monitoring tool, including the integration of new sanctions lists, watchlists, and custom rules to ensure accurate detection of financial crime.
- Prepare and update financial crime and surveillance related slides and presentations for Operational Risk and Compliance Committee (ORCC), ensuring they reflect current risks, trends, and compliance measures.
- Compile and submit detailed monthly financial crime reports to Holding, providing insights into key metrics, incidents, and compliance with regulatory requirements.
- Prepare Management Information for the Operational Risk and Compliance Committee;
- Track reported incidents and follow-up on the action plans implementation;
- Other Compliance tasks and projects, as directed by the Head of Compliance
EXPERIENCE REQUIRED:
- 2nd line Financial crime/generalist compliance experience from Investment banking/wholesale banking background – NOT KYC
- Financial crime risk assessment/sanctions/policy writing experience would be highly desirable from an investment banking background
- Proven Investment /wholesale banking compliance experience is required
- Experience of acting as a second line of defence, in order to ensure strict compliance with regulations, risk management oversight and sustainable growth.
For further information please contact Hannah Tabatabai #J-18808-Ljbffr
Compliance Officer- AML (Wholesale Banking) employer: Compliance Professionals
Contact Detail:
Compliance Professionals Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Compliance Officer- AML (Wholesale Banking)
✨Tip Number 1
Familiarise yourself with the latest regulations and compliance frameworks related to financial crime, especially those specific to wholesale banking. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in a rapidly changing field.
✨Tip Number 2
Network with professionals in the compliance and financial crime sectors. Attend industry events or join relevant online forums to connect with others who can provide insights or even refer you to opportunities within their organisations.
✨Tip Number 3
Prepare to discuss real-world scenarios where you've successfully identified and managed financial crime risks. Use specific examples from your previous roles to illustrate your problem-solving skills and your ability to implement compliance measures effectively.
✨Tip Number 4
Showcase your analytical skills by being ready to discuss how you would approach monitoring transactions and identifying suspicious activities. Highlight any experience you have with tools like SWIFT and how you’ve used them to enhance compliance efforts.
We think you need these skills to ace Compliance Officer- AML (Wholesale Banking)
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Compliance Officer in AML within wholesale banking. Familiarise yourself with key terms and concepts related to financial crime and compliance.
Tailor Your CV: Highlight your relevant experience in financial crime compliance, particularly in investment or wholesale banking. Use specific examples that demonstrate your expertise in risk assessment, policy writing, and compliance oversight.
Craft a Strong Cover Letter: Write a compelling cover letter that outlines your motivation for applying and how your skills align with the job requirements. Mention your experience with client onboarding, transaction monitoring, and regulatory reporting.
Proofread Your Application: Ensure your application is free from errors. A well-presented application reflects attention to detail, which is crucial in compliance roles. Consider asking a friend or colleague to review it before submission.
How to prepare for a job interview at Compliance Professionals
✨Understand Financial Crime Regulations
Make sure you have a solid grasp of the key financial crime regulations relevant to the role. Familiarise yourself with AML laws, sanctions, and compliance frameworks that the bank adheres to, as this will demonstrate your expertise and readiness for the position.
✨Prepare for Scenario-Based Questions
Expect to be asked about specific scenarios related to financial crime investigations or compliance challenges. Prepare examples from your past experience where you successfully navigated similar situations, showcasing your problem-solving skills and ability to advise on compliance matters.
✨Showcase Your Analytical Skills
Highlight your ability to analyse transactions and identify suspicious activities. Be ready to discuss tools and methodologies you’ve used in the past to monitor compliance and how you’ve contributed to improving processes within your previous roles.
✨Demonstrate Communication Skills
As a Compliance Officer, you'll need to communicate complex regulatory requirements clearly. Prepare to discuss how you've effectively trained teams or presented compliance information to stakeholders, ensuring they understand the importance of adhering to financial crime regulations.
