Senior AML Onsite Manager
Bank of London offers a safer business banking model by holding all deposits at the Bank of England, eliminating the risk of 'bank runs.' It provides services such as Deposit-as-a-Service (DaaS), Embedded Banking, real-timeClearing, Payments, and Settlement, as well as Commercial Banking tailored to businesses. Powered by proprietary technology, the bank collaborates with SAP Fioneer to deliver innovative solutions. With a focus on exceptional service and core values of compassion, ownership, and curiosity, the bank strives for excellence in all it does.
Description:
- Analyse financial crime policy and procedures of clients and prepare for Onsite Reviews
- Collaborate with internal teams and stakeholders to ensure informed client visits
- Collaborate with Transaction Monitoring team to review high-risk clients
- Lead onsite reviews with senior stakeholders at the client premises or via video call
- Draft and finalise onsite reports to a high standard and in a timely manner
- Present findings to senior management/committee
- Ensure client file and monitoring teams are kept up to date with all findings
- Support the Financial Crime Risk Director & MLRO in managing and overseeing control issues across their respective business lines, providing adequate checks and challenges of control issues and associated mitigating actions.
- Represent Financial Crime Business Oversight Compliance in key strategic programmes of work such as One Risk Assessment.
- Drive consistent approach and quality of check and challenge across 1Line Financial Crime team
- Deliver control environment insights into through Key Risk Indicators.
- Support the implementation of updates to the Bank Policy and Standards, including the identification of policy snags.
- Understand the varying inherent risk profiles for each business line and provide guidance on control implementation/remediation proportionate to the business risk.
- Identify thematic trends with respect to control environment through data analysis of issues, key risk indicators and other management information.
- Produce financial crime-related management information.
Experience & Skills Required
- Strong SME across Financial Crime regulation, guidance and risk mitigation strategies.
- Understanding of different business segments and the associated financial crime risks.
- Creative and forward thinking, striving to improve and find solutions through effective innovation and ability to manage project and programmes of work end to end.
- Highly organised and structured with excellent written communications skills
- Skilful co-ordination in working across a wide range of stakeholders both within and beyond the function
- Strong analytical skills, with the ability to identify themes and trends from large volumes of data.
What you will bring
Be a results-orientated, self-driven individual with passion, enthusiasm, and ability to influence at all levels.
At minimum, we expect you to have experience conducting similar reviews from either a FinCrime or AML Audit perspective. The successful candidate will also be able to demonstrate experience within Financial Services, particularly the payment industry or correspondent banking. Experience in performing Enhanced Due Diligence on regulated Financial Institutions and experience in performing Onsite reviews/Audits on regulated Financial Institutions and/or High-Risk businesses are essential requirements. Furthermore, it is desirable if you have financial crime related professional qualifications and experience in developing processes. You have the ability to review financial crime policies and procedures in order to identify gaps and recommendations.
Work location
· London / Ireland (5 or 4 days per week in the office)
· Travel to other locations may be required on occasion.
Diversity
Bank of London is an equal opportunity employer committed to inclusion, diversity and belonging. All qualified applicants are welcome and will receive consideration for employment without regard to race, colour, age, religion or religious expression, sex, sexual orientation, gender or gender identity and expression, transgender, national origin, or military veteran status.