Job Description

The Head of Financial Crime Operations will be responsible for:

• Oversight of the day to day running of the CDD, Sanction Screening and Transaction Monitoring functions
• Streamline client onboarding processes to ensure rapid revenue realization while adhering to the necessary controls.
• Contribute and make changes to the bank's procedures for the CDD, Sanction Screening and Transaction Monitoring function ensuring consistent rationale and compliance with relevant regulations
• Monitor the following processes:
  • Periodic and trigger events reviews
  • Client sanction screening
  • Respondent Bank remediation
  • Live transaction sanction screening for Swift and mobile money transfers
  • Post transaction monitoring to identify and investigate unusual transactions, patterns, and activity to determine whether they are indicative of potential money laundering or terrorist financing
  • Payment data quality reviews and other regulatory monthly reviews of transactions
  • Generation and QA across all three functions and generate required Management Information
• Keep abreast of regulatory developments and to distribute industry information/provide training to the Operations team and Front Office, passing on knowledge and market updates which may have an impact on the bank
• To manage Monitoring and Audit responses
• Responsibility for annual FATCA/CRS and EMIR submissions to our regulators
• Developing and monitoring operational policies and procedures, ensuring they are diligently followed and are kept in line with changes and developments in Market Practice and Regulations

What's on Offer?

• Competitive salary plus attractive benefits package

Required Knowledge, Skills, and Abilities

• Educated to Degree level or equivalent
• Relevant AML Qualifications· Background of AML/KYC in regulated financial services firms including knowledge of financial crime, regulatory, operational, and conduct risk
• Experience in growing, managing and inspiring internal team; strong leadership and organizational skills must be complemented by relationship building management style
• Demonstrable experience in a banking environment
• Strong written and verbal communication skills and an extremely keen eye for detailed and accurate recording of data· To drive change and provide creative solutions
• Strong Excel / Word skills to be able to construct, format, edit and maintain client records
• Project Management skills, ideally focusing on Lean Six Sigma methodology
• Passionate management and coaching of the team
• Exceptional interpersonal, communication and stakeholder management experience
• The ability to work under pressure and own guidance, whilst having to deliver work within time constraints to a high standard
• Highly organized with strong attention to detail