Cdd Officer

**About Allica Bank**

Recently named In Deloitte’s annual Technology Fast 50 rankings, Allica is the UK’s fastest growing technology firm - and the fastest-growing financial technology (fintech) firm ever.

Allica is on a mission to become Britain’s most recommended business bank, by providing established SMEs - who represent more than a third of UK GDP - with lending, savings and current accounts, delivered through the latest proprietary technology alongside expert human relationships.

**Role Description**

You will implements and undertakes all KYC/KYB activity to support the onboarding and ongoing review and validation of both Retail and SME customers to the Bank. You will be responsible for ensuring and operationalising all required AML activity in conjunction with the 2nd Line Risk and Compliance teams and the MLRO with a particular focus on the management of risk and meeting regulatory requirements, whilst acting at all times in the best interest of customers, employees and other key stakeholders.

**Principal Accountabilities**
- Day-to-day 1st Line CDD activity validating the quality of decisioning supported by external agencies and undertaking full reviews and making decisions and recommendation on more complex CDD activity which falls outside of system parameters.
- Responsible for relevant inwards and outwards payments checking, ensuring adherence to the documented process and appropriate levels of customer service and interaction in accordance with Treating Customers Fairly, the FCA’s Conduct of Business handbooks and other applicable regulatory and payment rules and guidance.
- Implement and observe a first-class leading CDD record and review framework, with records accurately maintained and properly catalogued in accordance with the framework and its procedures and requirements.
- Implement and observe an AML record and review framework, with records accurately maintained, properly catalogued in accordance with the framework and its procedures and requirements.
- Ongoing review of all CDD processes and procedures to assure that key failure points are identified and appropriately flagged.
- Develop and implement a CDD reporting dashboard in line with business operational and reporting needs.
- Ensure controls and checks are in place and are being actively managed to ensure all activities including the management of exceptions and reconciliations are completed accurately, effectively and in a timely manner, escalating issues and problems to the HOO.

**Personal Attributes & Experience**
- Excellent working knowledge of FCA, PRA regulations and JMLSG guidelines.
- Able to facilitate, manage and approve CDD and EDD cases within delegated authority, escalating to the MLRO and with records
- Able to review CDD records for accuracy, completeness and compliance with AML regulatory compliance including maintaining and updating existing clients
- Experience of dealing with a variety of entity types including complex SPVs, charities, trusts and corporates, including SME customers with complex business structures across multi-jurisdictions.
- Able to establish final beneficiary ownership within entities, conducting checks such as PEP, sanction and adverse media and maintaining PEP registers
- Liaising with internal departments and acting as point of contact for clients to resolve any queries, with experience of working with outsourced and multi-site operations.
- Proven experience building and implementing strategies to identify and mitigate CDD and AML risks.
- Experience of building, implementing and improving the customer experience attaching to the CDD and AML processes.

**Working at Allica Bank**

At Allica Bank we want to ensure our employees have the right tools and environment in which to succeed in their role and in support of our customers.

Our employees are at the heart of everything we do, so our benefits are designed with you in mind:

- Full onboarding support and continued development opportunities
- Options for flexible working
- Regular social activities
- 25 days holiday - with the option to buy/sell
- Pension contributions
- Discretionary bonus scheme
- Private health cover (with the option to add family members)
- Life assurance
- Income Protection
- Family friendly policies including enhanced Maternity & Paternity leave
- Season ticket loans

**Don’t tick every box?**

Don’t worry if you don’t have all the skills or requirements listed on the job description. If you think you’ll be a good fit, we’d still love to hear from you

**Diversity**

We’re a diverse bunch here at Allica, with all kinds of experiences, backgrounds, and lifestyles. Our openness and differences make us stronger, and we want everybody to feel comfortable bringing as much of themselves to work with them as they like.

**Job Types**: Full-time, Permanent

**Salary**: £30,000.00-£35,000.00 per year

**Benefits**:

- Company pension
- Private medical insurance
- Work from home

Schedule:

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