At a Glance
- Tasks: Conduct compliance reviews and provide expert advice on financial crime risks.
- Company: Prestigious private bank with a strong presence in the UK.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Opportunity for career growth and to work with industry experts.
- Why this job: Join a leading bank and make a real impact in financial crime compliance.
- Qualifications: Experience in financial crime compliance and strong knowledge of KYC and CDD processes.
The predicted salary is between 59400 - 72600 £ per year.
A prestigious private bank with a significant and growing presence in the UK is seeking a Financial Crime Compliance Officer.
It is essential that this candidate has financial crime experience from a wealth background.
Key Responsibilities;
Client Due Diligence (CDD) and Enhanced Due Diligence (EDD)
- Conduct compliance reviews of high-risk client account openings
- Perform compliance reviews of periodic reviews for high-risk clients
- Provide guidance and support to the 1LOD (Wealth Management team) on CDD and EDD requirements for low, medium, and high-risk clients.
Advisory and Query Management
- Manage the team mailbox, responding to advisory-related queries from internal stakeholders, including the wealth management team
- Provide expert advice on financial crime risks
Oversight and Testing of 1LOD
- Reviewing medium and low-risk client files to ensure compliance with CDD requirements.
- Monitoring conditions and ensuring timely resolution of outstanding issues.
- Testing the effectiveness of controls
Management Information (MI) and Reporting
- Assist management in the preparation and analysis of Compliance MI, providing insights into trends, risks, and areas for improvement.
- Support the development and maintenance of dashboards and reports to track financial crime compliance performance.
Policies, Procedures, and Training
- Assist in the development, review, and maintenance of financial crime compliance policies and procedures, ensuring they remain up to date with regulatory changes and industry best practices.
- Provide training and awareness sessions
- Regulatory support
- Support the Head of Financial Crime Compliance KYC Team in responding to regulatory inquiries, audits, and inspections.
- Assist in the preparation of documentation and evidence for internal and external audits related to financial crime compliance.
About You
- Proven experience in a financial crime compliance role within a private banking or wealth management environment.
- Strong knowledge of KYC, CDD, EDD, and financial crime risk management processes.
- Experience in managing compliance reviews and providing advisory support.
- Relevant professional qualifications (e. g., ICA Diploma in Financial Crime Compliance, CAMS) are desirable.
- For further information please contact Natalie Eshelby
- #J-18808-Ljbffr
Financial Crime Compliance Officer in London employer: Compliance Professionals
Join a prestigious private bank that values integrity and excellence, offering a dynamic work environment in the heart of the UK. As a Financial Crime Compliance Officer, you will benefit from a culture that prioritises professional development, providing ample opportunities for growth and advancement within the financial sector. With a commitment to compliance and risk management, this role not only allows you to make a meaningful impact but also offers competitive benefits and a supportive team atmosphere.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Crime Compliance Officer in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
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We think you need these skills to ace Financial Crime Compliance Officer in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Compliance Professionals.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Compliance Professionals's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Compliance Professionals
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Compliance Professionals.
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Since this is a full-time position, employers at Compliance Professionals will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Compliance Professionals employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
