At a Glance
- Tasks: Oversee financial crime prevention and ensure compliance with regulations.
- Company: Join CITIC CLSA, a leader in financial services with a commitment to integrity.
- Benefits: Competitive salary, professional development, and a collaborative work environment.
- Other info: Dynamic role with opportunities for global collaboration and career advancement.
- Why this job: Make a real difference in preventing financial crime while growing your career.
- Qualifications: 7+ years in financial crime or KYC, strong analytical skills, and team player.
The predicted salary is between 60000 - 80000 £ per year.
This role is responsible for overseeing the firm’s financial crime prevention framework, ensuring compliance with FCA regulations and internal policies. It involves maintaining AML procedures, conducting risk assessments, and supporting client onboarding, particularly for higher-risk clients. The role also includes monitoring screening systems and assisting with investigations and SAR submissions. Additionally, it supports training, governance, and collaboration with internal and global teams.
Key Areas of Responsibilities
- Adhere to FCA regulations and the CLSA code of conduct at all times.
- Assisting with developing and maintaining the firm’s AML and financial crime policies in line with evolving statutory and regulatory obligations.
- In consultation with management, determining and updating the money laundering risk-based approach and the risk assessment of the firm’s customers, products and services.
- Taking a key role in the client onboarding process carrying out an advisory, review and approval function particularly in regard to higher risk clients.
- Ensuring that the firm’s clients and associated individuals are screened regularly against sanction lists and for any PEPs, disciplinary action and adverse media and appropriate action taken.
- Daily monitoring of World Check One system to ensure relevant alerts are reviewed and cleared or escalated as necessary.
- Developing and maintaining appropriate risk-based monitoring processes that are proportionate to the scale, nature and complexity of the firm’s operations.
- Assisting with internal suspicious activity reports and investigations including SAR preparation and submitting to the NCA as necessary.
- Ensuring that all relevant staff are adequately trained in financial crime prevention, that the standards and scope of the training is appropriate and that training records are kept.
- Assisting with Financial Crime governance meetings.
- Liaising with Group and Head Office departments to maintain and develop AML policies and procedures globally, including participation in the Global Financial Crime Committee (GFCC).
- Assisting the CLSA Europe Compliance team in Financial Crime matters.
- Knowledge of, and adherence to, the Company’s Environmental Management Systems and policies.
Requirements
- Bachelor’s / master’s degree or above required.
- Minimum 7 years of relevant experience in financial crime or KYC role.
- Understanding of applicable UK, European and Global regulation and legislation relating to financial crime and client onboarding with a motivation to expand that knowledge.
- Strong analytical and quantitative, interpersonal, organizational, problem-solving skills.
- Able to work independently, strong attention to detail with a proactive mindset, a team player.
- Excellent command of / fluent in both spoken and written English.
- Certified as / Licensed with financial crime related qualifications would be a plus.
Compliance Manager, Financial Crime, Compliance - CITIC CLSA in London employer: CITIC CLSA
CITIC CLSA is an exceptional employer that prioritises a collaborative and inclusive work culture, fostering professional growth and development for its employees. With a strong commitment to compliance and financial crime prevention, the firm offers comprehensive training and support, ensuring that team members are well-equipped to excel in their roles. Located in a vibrant financial hub, employees benefit from a dynamic environment that encourages innovation and teamwork, making it an ideal place for those seeking meaningful and rewarding careers.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Manager, Financial Crime, Compliance - CITIC CLSA in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the financial crime and compliance sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of FCA regulations and AML procedures. We recommend creating a cheat sheet of key points and examples from your experience that align with the role. This will help you stand out as a knowledgeable candidate.
✨Tip Number 3
Showcase your skills through real-life scenarios. When discussing your experience, use the STAR method (Situation, Task, Action, Result) to clearly demonstrate how you've tackled challenges in financial crime prevention. This makes your answers more impactful!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and engaged with our company. So, get your application in and let’s make it happen!
We think you need these skills to ace Compliance Manager, Financial Crime, Compliance - CITIC CLSA in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience that match the Compliance Manager role. Highlight your knowledge of FCA regulations and any relevant financial crime prevention frameworks you've worked with.
Craft a Compelling Cover Letter:Use your cover letter to tell us why you're passionate about financial crime compliance. Share specific examples of how you've contributed to AML procedures or client onboarding processes in the past.
Showcase Your Analytical Skills:Since this role requires strong analytical abilities, include examples in your application that demonstrate your problem-solving skills and attention to detail. We want to see how you approach risk assessments and investigations.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at CITIC CLSA
✨Know Your Regulations
Make sure you brush up on FCA regulations and the CLSA code of conduct. Being able to discuss how these regulations impact financial crime prevention will show that you're not just familiar with the rules, but that you can apply them in real-world scenarios.
✨Demonstrate Your Analytical Skills
Prepare examples from your past experience where you've conducted risk assessments or handled AML procedures. Be ready to explain your thought process and how you approached problem-solving in those situations. This will highlight your analytical prowess and attention to detail.
✨Showcase Your Team Spirit
Collaboration is key in this role, so think of instances where you've worked with internal teams or global departments. Share how you contributed to developing policies or training sessions, as this will demonstrate your ability to work well within a team and support governance efforts.
✨Be Ready for Scenario Questions
Expect questions that put you in hypothetical situations related to client onboarding or suspicious activity reports. Practise how you would handle these scenarios, focusing on your decision-making process and adherence to compliance standards. This will help you stand out as a proactive candidate.
