MLRO - Wholesale Banking (London Area)

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: Currently or Previously held SMF17 function at a wholesale of Corporate Bank 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