Private Banking AML/KYC 1st Line Reviews Contract

Recruiter
Holmes Search
Location
London, United Kingdom
Salary
£300 - £400 per day
Posted
29 Apr 2022
Closes
24 May 2022
Ref
14694789
Job Function
Wealth Management
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
  • Ensure feedback of monitoring results to RMs, IAs and assistants and coaching where required
  • Ensure remediation requirements are promptly logged
  • Respond to ad-hoc requests and client issues
  • Conveying the outcome of decisions in an authoritative and persuasive manner
  • Maintaining high standards of client service and efficient turnaround of queries
  • Supporting the front office in complying with the financial crime policies and procedures
  • Referring matters appropriately to other teams within Second Line of Defence ("2LOD")or 1LOD, as required
  • Assist in the gathering and analysis of regular Management Information, and prepare packs for delivery to senior committees
  • Providing guidance and support on financial crime related matters to the Client Onboarding Team and Business Assurance Specialists as required as part of their functions
  • Liaising with 2LOD (Financial Crime Team) on behalf of the Client Onboarding Team and Business Assurance Specialists as required to ensure consistent and considered guidance, standards and application of policies
  • Support Head of Client Onboarding in drafting procedures and training materials requiring Financial Crime input and taking ownership of control procedure documents as required.
  • Provide a 4 Eye Check of all high risk account opening packs and dip sample of standard risk account opening packs approved by the Client Onboarding Team
  • Provide a 1LoD Risk Assessment for all High Risk account opening packs prior to submission to 2LoD
  • Act as an escalation point for the Client Onboarding Team and Business Assurance Specialists for Financial Crime matters to 2LoD.
  • Report suspicious activity
  • 1st Line of Defence (1LOD) control and oversight of the private banking business
  • Investigate / review ad-hoc requests and issues identified in governance committees

Similar jobs

Similar jobs

  • You need to sign in to save