Senior Manager

3 weeks ago


London, United Kingdom Hays Specialist Recruitment Limited Full time

Senior Manager - Trade Finance Quality Control
International Bank are seeking an experienced Manager to drive and manage the Trade Finance Quality Control Team by ensuring that all internal and external legislation and regulations are always adhered to. **Strong people management skills are required.**
Key Result Areas
- Assist in leading a team that will provide a level of service which consistently and flexibly meets and exceeds customer expectations, increasing customer loyalty, retention and recommendation.
- Assist in defining and executing operational plans to support the Bank's overall business strategies.
- Operational Integrity:

- Assist in ensuring that the Bank's standards are maintained and that the operations procedure manual is always followed by all staff.
- Assist in developing and continuously improving the processes and procedures ensuring the procedure manuals are aligned with the relevant Bank policies and required governance approval processes.
- Assist in protecting the Bank from Money Laundering, Financial Crime and Terrorist Financing by following robust procedures, providing training and guidance to staff.
- People Management:

- Fully develop the skills and abilities of the Trade Finance Quality Control Function by ensuring there is regular cross training and ensure they are competent to undertake the fundamental requirements of their role, by identifying learning and developmentneeds and providing the training identified as part of this process.
- Ensure that the Quality Control function is always adequately resourced.

Systems and Controls:
Ensure a very strong and sustainable control environment in Trade Finance Quality Control function with well-defined end to end processes and support other areas of the Trade Finance Operations Function in this area as and when required to do so.
To ensure adequate and robust processes and controls (automated/ manual) are in place to ensure compliance with applicable rules and regulations.
Compile and present relevant MI reports on a periodic basis for the management team.
Key Responsibilities,
Work closely with the analysts, QC Team and Head of TFO to ensure that systems and processes are in line with expectations, and address risks using a risk-based approach
To flag any financial crime trends/concerns or control weaknesses identified to the relevant stakeholders including the proposal of improvements and the implantation of effective control improvements.
Keep abreast of knowledge relating to the UK and global financial crime regulatory framework (JMLSG Guidance, FCA Thematic Review TR13, Wolfsberg Principles, etc)
Skills and Competencies
- Highly skilled in knowledge of Fraud, Financial Crime and Money Laundering Risk and all other policies relating to banks' obligations under compliance and regulation concerning Trade Finance activities.
- The ability to work on own initiative, be pro-active and take full responsibility to ensure role requirements are met.
- Strong communication skills with various levels of management/stakeholders
- Ability to present issues and results to senior management in a clearly articulated manner
- Proven team-player

Knowledge
- Experience of the financial services industry
- Knowledge of the UK and global financial crime regulatory framework (JMLSG Guidance, FCA Thematic Review TR13, Wolfsberg Principles, etc).- Thorough understanding of FCA requirements relating to Financial Crime in Trade Finance.
- Trade finance operations, product processes and risk frameworks.
- Trade finance "red flag" indicators,

Experience
- 10 years' experience working in International Trade Finance at Management level.
- Experience of implementing, using, and upgrading banking systems and controls in Trade

Finance.
- Experience setting up processes and well-versed in operating procedures and process maps.
- Working knowledge of all aspects of Risk - Credit, Regulatory and Product.
- Extensive understanding of Trade Finance products - including an in-depth and broad specialist knowledge of trade services operations and associated areas including Documentary and Guarantee business related issues including regulatory requirements.
- Sound knowledge of all banking products and services.
- Experience in defining service level benchmarks/ targets and their periodic monitoring.


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