Financial Crime Compliance Officer

3 months ago

London, United Kingdom Marex Full time

Marex is a diversified global financial services platform, providing essential liquidity, market access and infrastructure services to clients in the energy, commodities and financial markets.

The Group provides comprehensive breadth and depth of coverage across four core services: Market Making, Clearing, Hedging and Investment Solutions and Agency and Execution. It has a leading franchise in many major metals, energy and agricultural products, executing around 50 million trades and clearing 205 million contracts in 2022. The Group provides access to the world's major commodity markets, covering a broad range of clients that include some of the largest commodity producers, consumers and traders, banks, hedge funds and asset managers.

Marex was established in 2005 but through its subsidiaries can trace its roots in the commodity markets back almost 100 years. Headquartered in London with 36 offices worldwide, the Group has over 1,800 employees across Europe, Asia and America.

The Financial Crime Compliance (FCC) function forms part of the second line of defence in the Firm's three lines of defence model.

A critical part of FCC's responsibilities is establishing and maintaining a robust financial crime prevention framework that suitably address the Firm's legal and regulatory obligations and wider expectations/best practices. FCC must also ensure that the financial crime prevention framework remains effective, and therefore also provides oversight and independent challenge of first line of defence financial crime risk management activities and associated financial crime systems/controls. A core activity to achieve this is FCC's assurance monitoring programme, through which first line of defence compliance with internal policies, standards and related procedures is assessed.

The Financial Crime Compliance Officer will be primarily responsible for supporting the delivery of the assurance monitoring programme. This will require the identification of deficiencies in the first line of defence's implementation of the financial crime prevention framework through performance of an annually agreed plan of assurance assignments (thematic and targeted). The issues identified, and the corresponding recommendations/agreed action plans to address deficiencies, are reported to relevant senior and executive management through formal reports. The agreed actions are monitored for completion within defined timeframes to ensure the appropriate and complete remediation of gaps is achieved; regular reporting on the progress to complete actions is similarly reported to senior and executive management.

**Responsibilities**:
Role specific:

- Scope and carry out reviews of financial crime and sanctions control environment through supporting delivery of the annual financial crime compliance assurance plan (“FCCAP”)
- Perform mapping of key risks and legal or regulatory obligations against the processes and procedures under review
- Assess the design adequacy of the controls under review through mapping of keys risks and legal/regulatory obligations against the existing control environment.
- Test the operating effectiveness of the controls under review through designing appropriate testing programmes
- Present findings (interim and finalised) both verbally and in written form to relevant stakeholders both within the FCC team and the wider first line functions
- Prepare accurate and professionally articulated reports that describe and explain any issues identified, and the recommendations for improving associated control activities
- Agree appropriate actions with first line management teams, in line with FCC's recommendations, to adequately address the issues identified and ensure the control environment facilitates management of financial crime and sanctions risks within risk appetite
- Ensure progress of the completion of assurance actions is effectively monitored, reported and escalated (where falling overdue, or insufficiently addressed)
- Ensure all work is robustly documented so that a full audit trail of the assurance review process is available, and that all working papers and other relevant documentation is saved centrally within the Team's network folders for accessibility and recordkeeping purposes.
- Maintain positive and effective working relationships with the FCC team, the first line of defence functions, and other relevant stakeholders
- Support the delivery and ongoing development of management information and reporting relevant to FCC's assurance programme
- Support the MLRO (and other Senior members of the FCC team) in developing the assurance programme, and contribute to the development of the assurance methodology and framework
- Support the FCC team with other responsibilities as considered necessary from time-to-time, which may include, amongst other things: (i) financial crime advisory activities; (ii) delivery of training to the first line functions; and (iii) development of management information

  • Financial Crime Officer

    3 months ago

    London, United Kingdom Compliance Professionals Full time

    **THE COMPANY**: Our client is an international financial services company focusing on wholesale and corporate banking activities. **THE RESPONSIBILITIES**: - Responsible for reviewing the existing Financial Crime risk assessment and to update it - Under supervision of DMLRO document the branches risk-based strategies and the basis for risk assessment and...

  • Head of Financial Crime Compliance

    2 weeks ago

    London, Greater London, United Kingdom Compliance Professionals Full time

    Position OverviewCOMPANY PROFILE:Compliance Professionals is a prominent financial institution dedicated to providing customized financial services to affluent clients, families, and organizations.KEY RESPONSIBILITIES:Deliver expert guidance on UK financial crime compliance to internal teams.Revise and enhance the organization's Financial Crime Compliance...

  • Head of Financial Crime Compliance

    2 weeks ago

    London, Greater London, United Kingdom Compliance Professionals Full time

    Position OverviewCOMPANY PROFILE:Compliance Professionals is a distinguished private banking institution dedicated to delivering customized financial services to affluent clients, families, and organizations.KEY RESPONSIBILITIES:Offer expertise in UK financial crime compliance to internal teams,Revise and enhance the organization's Financial Crime Compliance...

  • Compliance Monitoring Manager

    2 weeks ago

    London, United Kingdom Compliance Professionals Full time

    Our client is multinational Corporate and Retail banking company based in the City. They are looking for a Compliance Manager - Financial Crime Prevention to join the team on a permanent basis. To possess a thorough and up-to-date understanding of: relevant financial crime regulatory rules; anti-money laundering and terrorist financing legislation; the...

  • Financial Crime Officer

    3 months ago

    London, United Kingdom Compliance Professionals Full time

    **THE COMPANY**: Our client is a successful brokerage firm, providing innovative ways to trade Stocks, ETFs, Forex, Commodities, and more. **THE RESPONSIBILITIES**: - Conducting gap analyses of existing policies and procedures against the JMLSG; - Assistance in developing policies, procedures and guidance for the Onboarding team; - Provide advice on...

  • Head of Financial Crime Compliance

    2 weeks ago

    London, United Kingdom AJ FOX COMPLIANCE Full time

    Position Overview: A prominent International Law Firm is seeking a Head of Financial Crime Compliance to lead their new business intake division.Key Responsibilities:Oversee all risks associated with the firm's operations, including legal, regulatory, commercial, and reputational factors.Manage conflicts of interest and conduct thorough risk assessments for...

  • Compliance Officer

    2 weeks ago

    London, Greater London, United Kingdom Rothstein Recruitment Ltd Full time

    Position OverviewRole: Compliance Officer - Financial CrimeAn exceptional opportunity has arisen to serve as the Compliance Officer for a leading Retail organization. In this pivotal role, you will be responsible for ensuring adherence to anti-money laundering (AML) regulations, alongside relevant financial crime laws and policies.We are in search of a...

  • Compliance Officer

    2 weeks ago

    London, Greater London, United Kingdom Rothstein Recruitment Full time

    Exciting Opportunity to serve as the Compliance Officer for a leading Retail organization. In this role, you will be responsible for ensuring adherence to anti-money laundering (AML) regulations and the associated financial crime laws, policies, and procedures. We are looking for a previously FCA approved Compliance Officer who possesses the essential...

  • Financial Crime Assistant

    3 months ago

    London, United Kingdom Compliance Professionals Full time

    **THE COMPANY**: Our client is a successful banking firm with a strong global presence, offering a comprehensive range of services across corporate and investment banking activities. **THE RESPONSIBILITIES**: - To support the provision of financial crime training to key stakeholders - To support the holistic financial crime compliance programme, where...

  • Compliance Officer

    2 months ago

    London, United Kingdom Compliance Professionals Full time

    **THE COMPANY**: Our client is a global investment management business based in London (currently working on a hybrid basis of 3 days in the office per week). They are looking for a Compliance Officer with a Financial Crime focus to join the thriving team. **THE RESPONSIBILITIES**: - Review complex documentation and AML/KYC information for new clients at...

  • Financial Crime Contractor

    3 months ago

    London, United Kingdom Compliance Professionals Full time

    **THE COMPANY**: Our client is a global investment management business based in London. They are looking for a Financial Crime Contractor to join the thriving team on a 12 month FTC basis. **THE RESPONSIBILITIES**: - To manage and develop the enhancement of the firm’s financial crime compliance operations - Identifying, assessing and mitigating financial...

  • Compliance Manager

    2 weeks ago

    London, United Kingdom Compliance Professionals Full time

    THE COMPANY: Our client is multinational Corporate and Retail banking company based in the City. They are looking for a Compliance Manager - Financial Crime Prevention to join the team on a permanent basis. THE RESPONSIBILITIES: To possess a thorough and up-to-date understanding of: relevant financial crime regulatory rules; anti-money laundering and...

  • Compliance Manager

    2 weeks ago

    London, United Kingdom Compliance Professionals Full time

    THE COMPANY: Our client is multinational Corporate and Retail banking company based in the City. They are looking for a Compliance Manager - Financial Crime Prevention to join the team on a permanent basis.THE RESPONSIBILITIES:To possess a thorough and up-to-date understanding of: relevant financial crime regulatory rules; anti-money laundering and terrorist...

  • Operations Officer

    3 months ago

    London, United Kingdom Compliance Professionals Full time

    **THE COMPANY**: Our client is multinational Corporate banking company, with over 13,000 branches worldwide. **THE RESPONSIBILITIES**: - To provide sound Level 1 and Level 2 (Level 2 - reviewing role) support for both the Fircosoft the payment screening system and SIRON AMLSiron AML the transaction monitoring system. The timely review of all alerts...

  • Compliance Manager

    2 weeks ago

    London Area, United Kingdom Compliance Professionals Full time

    THE COMPANY: Our client is multinational Corporate and Retail banking company based in the City. They are looking for a Compliance Manager - Financial Crime Prevention to join the team on a permanent basis.THE RESPONSIBILITIES:To possess a thorough and up-to-date understanding of: relevant financial crime regulatory rules; anti-money laundering and terrorist...

  • Compliance Manager

    2 weeks ago

    London Area, United Kingdom Compliance Professionals Full time

    THE COMPANY: Our client is multinational Corporate and Retail banking company based in the City. They are looking for a Compliance Manager - Financial Crime Prevention to join the team on a permanent basis.THE RESPONSIBILITIES:To possess a thorough and up-to-date understanding of: relevant financial crime regulatory rules; anti-money laundering and terrorist...

  • Financial Crime Compliance Officer

    3 months ago

    London, United Kingdom Ebury Full time

    Ebury is a hyper-growth FinTech firm, named in 2021 as one of the top FinTechs to work for by Glassdoor and AltFi. We offer a range of products including FX risk management, trade finance, currency accounts, international payments and API integration. **Financial Crime Compliance Officer** **2/3 days in our High Wycombe office** Ebury Mass Payments (EMP)...

  • Financial Crime Compliance Officer

    3 months ago

    London, United Kingdom Ebury Full time

    Ebury is a hyper-growth FinTech firm, named in 2021 as one of the top FinTechs to work for by Glassdoor and AltFi. We offer a range of products including FX risk management, trade finance, currency accounts, international payments and API integration. **Financial Crime Compliance Officer** **3 days per week in our High Wycombe office** Ebury Mass Payments...

  • Financial Crime Compliance Officer

    3 months ago

    London, United Kingdom Ebury Full time

    Ebury is a hyper-growth FinTech firm, named in 2021 as one of the top FinTechs to work for by Glassdoor and AltFi. We offer a range of products including FX risk management, trade finance, currency accounts, international payments and API integration. **Financial Crime Compliance Officer** **London - 4 days in the office** Ebury Mass Payments (EMP) is the...

  • Head of Financial Crime Prevention

    3 months ago

    London, United Kingdom Compliance Professionals Full time

    **THE COMPANY**: Our Client is a global investment management company, creating investment opportunities to help address society’s biggest challenges. They manage over £3.5bn across various Alternative strategies. **THE PERSON**: You will be in a role where you are ready to step up to be MLRO. This will happen once both parties are comfortable. **THE...