Summary: The Financial Crime Officer, KYC & Compliance role involves collaborating with the Head of Financial Crime KYC team to ensure compliance with financial crime regulations across all group entities. The position requires conducting ongoing KYC reviews, monitoring the effectiveness of compliance programs, and providing management information to senior leadership. Additionally, the officer will support the development of policies and procedures while fostering relationships with various stakeholders to promote best practices in financial crime compliance.

Key Responsibilities:

• Review & oversee periodic reviews across all risk ratings for new and existing relationships.
• Assist in the preparation of Compliance Opinion Forms for new High Risk customers.
• Maintain KYC related policies, procedures, and guidance in compliance with relevant laws.
• Provide support and guidance to staff on KYC related matters.
• Develop relationships with business heads and staff to promote best practices.
• Assist with Group KYC projects and enhancements.
• Provide regular Management Information on KYC matters to senior management.
• Review financial crime related regulatory changes and prepare impact assessments.
• Assess regulatory enforcement actions for financial crime failings.
• Draft and execute controls for adherence to financial crime policies.
• Perform duties in accordance with the Code of Conduct and relevant policies.
• Identify opportunities to streamline internal processes and improve client experience.
• Ensure accurate record-keeping in line with regulatory requirements.

Key Skills:

• Strong understanding of financial crime regulations and compliance.
• Experience in KYC processes and client file reviews.
• Ability to prepare compliance documentation and reports.
• Excellent communication and relationship-building skills.
• Analytical skills for assessing regulatory changes and impacts.
• Proficiency in maintaining accurate records and documentation.
• Ability to work collaboratively across various teams and departments.
• Strong organizational skills and attention to detail.

Salary (Rate): undetermined

City: London

Country: UK

Working Arrangements: undetermined

IR35 Status: undetermined

Seniority Level: undetermined

Industry: Other