Financial Crime Investigations - AVP

Responsibilities will also include (but not be limited to):

• Undertaking financial crime investigations to make assessment recommendations in line with the relevant impacted countries’ regulatory reporting obligations for SAR/STRs to the MLRO/Nominated Officer to review and approve.
• Undertaking top-level review of transaction monitoring alerts and adverse news name screening ‘hits’ on client accounts generated by automated surveillances.
• Supporting the management of output from our offshoring centres including escalations, quality control, feedback and training where required.
• Reviewing ‘payment approvals’ for AML/financial crime concerns from the business and front office support.
• Extensive investigations for money laundering/terrorist financing which may potentially lead to Suspicious Activity Reporting (SAR).
• Manage ad hoc initiatives such as amendments to policies and procedures, delivering related training to the business and other interested parties.
• Recommending and driving process change and improvements to the exiting transaction surveillance model.

We are looking for:

The expectation is that to undertake the role, the incumbents should have proven experience working in a relevant financial crime position within financial institutions.

• The incumbent should preferably be educated to degree level or have an appropriate FCC qualification such as an ICA Diploma in Financial Crime.
• Knowledge of the regulatory and legislative requirements for the relevant financial crime disciplines including AML/CTF, sanctions, ABC and Tax Evasion, with special focus on the UK SARs regime.
• Experience of complex and multi-jurisdiction financial crime investigations to conclusion.
• An inquisitive person with an investigative attitude, who is willing to learn.
• Proven ability to prioritise, assimilate procedures, engage with business partners and undertake research.