Deputy MLRO

Expiring today

Recruiter
Anonymous
Location
London
Salary
85000.00 - 85000.00 GBP Annual + GBP85000/annum
Posted
26 Sep 2017
Closes
24 Oct 2017
Category
Accounting
Function
Consultant
Contract Type
Permanent
Hours
Full Time
Key Responsibilities

* Reviewing the adequacy of Customer Due Diligence (CDD), Know Your Customer (KYC), Know Your Business (KYB), source of funds, client information, client profiling and suitability during the account opening process
* Providing the business with advice and guidance on all relevant regulatory obligations and requirements
* Working with the business to ensure that the firm establishes and maintains appropriate policies, procedures, systems and controls
* Monitoring all aspects of the business to identify actual or potential weaknesses of internal controls and advising on remedial action that may be taken by line management.
* To undertake theme work to assess the firms' regulatory exposure and make recommendations to the business to enable it to ensure compliance.
* Providing support to line management in its liaison with regulators, auditors (internal & external) other group companies and external organisations where appropriate.
* Provide Financial Crime education, awareness and training to the business as required
* Develop and strengthen relationships to promote best practice and ensure a good understanding of Financial Crime requirements
* Liaise with local law enforcement and regulators to resolve issue
* Addressing requests for information from the FCA and other regulators
* Have a thorough understanding of UK financial crime rules and regulations

Experience

* Strong KYC (on boarding) knowledge within an approval role or compliance function.
* Powerful understanding of risks and methods to forecast AML events.
* Thorough knowledge of OFAC and AML rules and regulations in UK, and Spain.
* Experience with Dodd-Frank, MiFID, EMIR, FATCA
* Either a knowledge or experience in a European branch as incoming firm in the UK