At a Glance
- Tasks: Support AML Sanctions compliance, provide training, and monitor regulatory adherence.
- Company: Join a leading financial services firm committed to ethical integrity and compliance.
- Benefits: Enjoy competitive pay, flexible working options, and opportunities for professional growth.
- Other info: Opportunity to engage with industry groups and influence compliance practices.
- Why this job: Make a real impact in sanctions compliance while developing your expertise in a dynamic environment.
- Qualifications: Relevant experience in compliance or financial regulations is preferred; strong analytical skills are essential.
The predicted salary is between 48000 - 84000 £ per year.
The AML team performs a number of functions, which include:
- Supporting and assisting senior management with adherence to applicable laws and regulations, as well as operating to high standards of business and ethical integrity;
- Interpreting applicable laws, regulations and standards and advising the London staff;
- Providing training where appropriate to staff on a number of relevant laws, regulations and standards;
Monitoring and reporting on the firms and staff compliance with laws, regulations and standards.
Job purpose
Support the UK Head of Sanctions in the provision of sanctions expertise and advice to the business, and second level of defence support in the governance and oversight of key sanctions risk management processes
Key responsibilities
- Support the Head of AML Sanctions and the team to ensure the UK has the infrastructure to comply with Group,Sanctions Policy and UK legal and regulatory requirements in relation to payments filtering and sanctions screening
- Leads on the horizon scanning and tracking of UK Sanctions and Trade regulatory developments and material geo-political events programme including producing guidance, policy and recommendations (with Legal input where required) for Compliance colleagues
- Represents in relevant industry groups and advocacy initiatives to gather intelligence regarding Sanctions & Embargoes and Trade Compliance in the wider financial services sector, making recommendations to enhance the UK Sanctions compliance framework where necessary
- Assist in ensuring local procedures required to implement Group Sanctions Policies and local regulations are up-to-date and appropriate
- Identify opportunities to develop and improve the effectiveness of the sanctions infrastructure governance and oversight framework
- Provide technical advice in relation to complex sanctions and embargoes queries to local stakeholders, wider business and nearshored hubs including , UK Businesses in respect of Group Policy, and local requirements
- Provide technical Sanctions & Embargoes payment alert disposition opinion/advice
- Develop and maintain relationships with key business stakeholders
- Review and report potential circumvention cases, voluntary self-disclosures and potential sanctions incidents/ cases
- Review and dispositioning of Sanctions name screening alerts
- Manage, control and perform regulatory reports related to the UK frozen assets
- Support on significant team processes carried out under Group and Local Policies such as List Management, controls and management information to identify any keys risks or trends
- Providing Sanctions & Embargoes training where appropriate to staff on a number of relevant laws, regulations and the firm
- Support on strategic and tactical projects affecting theLondon Branch sanctions compliance framework
- Provide support/assistance to the wider team on payment and financial sanctions related topics.
AVP - AML Sanctions Manager in Slough employer: Morgan McKinley
As an AVP - AML Sanctions Manager, you will thrive in a dynamic and supportive work environment that prioritises compliance and ethical integrity. Our London office fosters a culture of continuous learning and professional development, offering employees the chance to engage with industry leaders and participate in significant projects that shape the future of sanctions compliance. With competitive benefits and a commitment to employee growth, we ensure that our team members are well-equipped to excel in their roles while making a meaningful impact in the financial services sector.
StudySmarter Expert Advice🤫
We think this is how you could land AVP - AML Sanctions Manager in Slough
✨Tip Number 1
Familiarise yourself with the latest UK sanctions regulations and compliance frameworks. Understanding the nuances of these laws will not only help you in interviews but also demonstrate your commitment to staying updated in this ever-evolving field.
✨Tip Number 2
Network with professionals in the AML and sanctions space. Attend industry events or webinars where you can connect with current employees or leaders in the field. This can provide you with insider knowledge about the company culture and expectations.
✨Tip Number 3
Prepare to discuss real-world scenarios related to sanctions compliance during your interview. Think of examples where you’ve successfully navigated complex regulatory challenges, as this will showcase your practical experience and problem-solving skills.
✨Tip Number 4
Demonstrate your ability to work collaboratively with various stakeholders. Highlight experiences where you’ve effectively communicated complex information to non-experts, as this is crucial for the role and will set you apart from other candidates.
We think you need these skills to ace AVP - AML Sanctions Manager in Slough
Some tips for your application 🫡
Understand the Role:Before applying, make sure to thoroughly understand the responsibilities of the AVP - AML Sanctions Manager position. Familiarise yourself with the key functions such as compliance with laws and regulations, sanctions expertise, and risk management processes.
Tailor Your CV:Customise your CV to highlight relevant experience in AML, sanctions compliance, and regulatory frameworks. Emphasise any previous roles where you provided training or technical advice on sanctions and embargoes.
Craft a Compelling Cover Letter:Write a cover letter that showcases your understanding of the sanctions landscape and your ability to support compliance frameworks. Mention specific examples of how you've contributed to similar projects or initiatives in the past.
Highlight Relevant Skills:In your application, be sure to highlight skills that are crucial for this role, such as analytical thinking, attention to detail, and the ability to communicate complex regulatory information effectively to stakeholders.
How to prepare for a job interview at Morgan McKinley
✨Understand the Regulatory Landscape
Familiarise yourself with the latest UK sanctions and trade regulations. Be prepared to discuss how these laws impact the business and demonstrate your ability to interpret and apply them effectively.
✨Showcase Your Training Skills
Highlight any experience you have in providing training on compliance matters. Be ready to explain how you would approach training staff on relevant laws and regulations, ensuring they understand their importance.
✨Demonstrate Stakeholder Management
Prepare examples of how you've built and maintained relationships with key stakeholders in previous roles. Discuss your approach to collaboration and how you can support the wider business in compliance efforts.
✨Be Ready for Scenario-Based Questions
Expect questions that require you to think critically about complex sanctions and embargoes scenarios. Practice articulating your thought process and decision-making skills in these situations.
