Compliance Officer (Banking)

Compliance Officer (Banking) - Central London

Salary: £30k - £35k + Excellent Benefits

Office Based

Working for a leading foreign bank in Central London the Compliance Officer role will assist theHead of Compliance and MLRO to ensure that the Bank identifiesand adheres to all regulations in its defence against the risk of terroristfinancing and money laundering.

The Role:

You will play an important role in setting policy for the prevention of financial crime and in particular provide guidance on AML, CFT, sanctions and ABC risk assessments and the CDD and EDD requirements for specific client relationships.


? You will assist in the day-to-day running of the compliance department, give guidance and advice on regulatory changes, assist with writing and maintaining policies and procedures, and liaise with senior managers to ensure the proper implementation of established compliance policies.

? You will work with heads of the business departments as well as the compliance manager to develop procedures and deliver focussed relevant training to them in AML and CFT and develop concise solutions to implementing regulatory changes.

? You will work with the team to monitor and report on any risks of noncompliance within the Bank and propose and follow up that appropriate remedial actions have been taken to achieve completion.
? You will assist in developing risk reporting tools and measures to provide a clear ongoing profile of the risk the banks TF & ML risk and assist in preparing concise reports to committees, executives and above.

What youll need to be successful as a Compliance Officer:

? Experience in a compliance role working within Financial Services.

? Experience in effecting change and overcoming objection in a challenging regulatory environment.
? An Understanding of AML and CFT Regulations.
? Communication skills, interacting with bank staff to communicate compliance requirements.

? IT skills, proficient

  • Location: Central London
  • Salary: 30000-35000 Per Annum
  • Type: Permanent
  • Recruiter: Additional Resources Ltd.
  • Posted: 29-Apr-2024
  • Posted on: