Job Description

• Monitoring changes and developments in UK and US sanctions regimes and providing support to Business units and Compliance staff both within and outside the EMEA region on the understanding and application of economic sanctions (including consultation with external legal counsel) and advising on risk mitigation as required.
• Monitoring EU and UK legal and/or regulatory developments in relation to AML, CfT and financial crime (including tax evasion). Work with the Regulatory Change Management Team to ensure appropriate EU/EMEA implementation of necessary regulatory change.
• Act as the principal EMEA liaison team for Head Office team and Head Office Sanctions Compliance Teams.
• Engaging with HO CPD to ensure that changes and/or updates to the Banks’ Global AML and/or Sanctions Compliance policies and procedures and systems are appropriately understood for implementation into EMEA Branches and business models (where relevant).
• Conduct Quality Assurance checks on AML and Sanctions policies, procedures and implementation within the EMEA Region.
• Monitor and close QA and Completeness tasks associated with Transaction Monitoring and Screening alert reviews, CDD onboarding and CDD regular reviews.
• Work with the European IT And Operations Department (EIOD) to ensure that transaction screening, transaction monitoring and customer screening systems and processes operate effectively across the EMEA region.
• Work with Internal Audit Department Europe (IADE), other EMEA internal audit staff and external auditors to address any audit items or technical system validation findings, relevant to AML/CDD/Financial Crime/Sanctions.
• Conduct or support thematic and targeted reviews in response to issues/events internally within the Bank, or in response to external events (enforcement action and/or penalties in relation to AML/CDD, Financial Crime and/or Sanctions matters).

Benefits

In addition to the great opportunity outlined above we are also currently able to offer:

• Competitive starting salary, plus discretionary bonus
• Non-contributory pension
• 25 days’ annual leave (increasing with service)
• Core working hours
• Hybrid working - office and home based
• Virtual GP
• Wellbeing benefits, including Mental Health Allies and First Aiders

Required Knowledge, Skills, and Abilities

• Experience with AML and CDD procedures (customer onboarding and regular review in accordance with EU Money Laundering Directives (and implementation within member states)
• Experience of using transaction filtering systems (such as FircoSoft). Experience with transaction monitoring systems
• Experience with other AML technology solutions including Client Lifecycle systems (such as Fenergo or PEGA).
• Experience of dealing with enquiries relating to the Implementation of EU Economic Sanctions and/or Trade Embargoes/Restrictions under the Common Foreign & Security Policy (CFSP)