Associate Director, Fcc Investigations

**Job***: Compliance

**Primary Location***: Europe & Americas-Jersey-Jersey

**Schedule***: Full-time

**Employee Status***: Permanent

**Posting Date***: 23/Feb/2023, 1:20:11 AM

**Unposting Date***: 09/Mar/2023, 5:59:00 PM

**JOB SUMMARY**

***RESPONSIBILITIES**

A Jersey-based role managing Jersey Transaction Monitoring and Manual Cases, within the FCC team. The role will cover cases impacting Jersey transaction monitoring. To support management in ensuring that Financial Crime Compliance in Jersey operates in accordance with all legal and regulatory requirements, and all Group standards relating to anti-money laundering and sanctions. The role holder will undertake investigations relating to financial crime activity

**Strategy**
- Support the vision, strategy, direction, and leadership of Country Head, Jersey FCC team; consistent with Country Head, CFCC’s vision and strategy for the CFCC function and in support of the Bank’s strategic direction and growth aspirations.
- To support the Bank’s Financial Crime Compliance function (FCC) in ensuring that the Bank operates in accordance with all legal and regulatory requirements and all Group standards relating to anti-money laundering and counter terrorism financing (AML).
- To manage and conduct investigations that detect and report suspicious activity to governmental authorities and enable the Bank to form sound judgments concerning reputational and other risks and meet expectations of regulators and other compliance stakeholders.
- To support the promotion of the business, culture and practice of FCC within the letter and spirit of the law and in accordance with Group standards.
- To drive pro-active and intelligence-led major and significant investigations providing true insight into FCC risk in Jersey.

**Business**
- Support relevant stakeholders to make decisions based on current and possible future policies, practices, and trends.
- Build and maintain effective and constructive relationships with all key regulatory, business and functional stakeholders that is based on trust, capability and integrity.
- Providing timely, responsive and quality regulatory compliance advice and guidance to enable the business and functions to meet/ achieve their strategic and tactical objectives.

**Processes**
- Follow and comply with AML/CTF/CDD/Sanctions policies and procedures where applicable to BAU activities.
- Support in creating/recommending Fraud and ABC Policies/processes.
- Provide advice to relevant stakeholders on compliance with Group standards relating to AML.
- Wherever applicable ensure external SAR reports are properly prepared and filed with the applicable law enforcers as per local regulation requirements.
- Keep proper records and registers for all AML and CTF investigations.
- Respond promptly to any regulatory requests relating to AML and CTF.
- Follow and comply with AML/CTF/CDD/Sanctions policies and procedures where applicable to business as usual (BAU) activities.
- Ensure any investigative work which would fall under the scope of FCC Act is properly captured and oversees the relevant OR processes and controls
- Work with Country Compliance in respect of client CDD related issues and processes

**People & Talent**
- Promote and embed a culture of openness, trust and risk awareness, where ethical, legal and regulatory and policy compliant conduct is the norm.
- Stimulate an environment where forward planning, prioritization, deadline management and efficient, effective streamlined workflows are the norm.
- Collaborate with training teams to input into training curriculum to support closing of capability gaps
- Ensure participation on appropriate FCC awareness & training sessions.
- Champion and act as a role model of the Group’s values and culture in the region
- Create a culture of operational and service excellence in the Team
- Promote and embed a culture of openness, collaboration, trust and risk awareness, where ethical, legal, regulatory and policy compliant conduct is the norm.

**Risk Management**
- Understand technical aspects of systems relevant to CDD, Client Risk Assessments, Name and Transaction Screening, AML Monitoring and Case Management
- Make recommendations (and/or implement) to relevant stakeholders on possible risk management responses to identified risks and/or findings of concerns from investigations.
- Assess risks arising from products / segments / geographies / customers / transactions.
- Inform senior management and relevant regulators of serious regulatory breaches (or where risk tolerances have been breached) and ensure that actions are taken quickly to remediate and/or activities are ceased.
- Analyse significant financial crime risk events (e.g. SAR’s, non-compliant transactions, production orders) to ensure that all connected parties, particularly cross-border are identified and reported at the appropriate levels internally as well as externally across all relevant jurisdictions.
- Identify intellig