Compliance and Risk Management Leader

2 weeks ago


Canary Wharf, Greater London, United Kingdom Barbara Houghton Associates Full time

Job Title: Compliance and Risk Management Leader

Job Summary:

Barbara Houghton Associates is seeking a highly skilled Compliance and Risk Management Leader to join our team. As a key member of our organization, you will be responsible for leading all activities related to Anti-Money Laundering (AML) and Compliance within a wholesale bank.

Key Responsibilities:

  • Research and understand changes in regulations and develop policies internally relating to AML.
  • Develop and oversee the implementation of AML policies, guidance materials, training resources, and controls.
  • Update internal handbooks on AML policies and advise senior management on any likely implications of changes to internal policies.
  • Implement the annual AML plan and perform quality assurance checks to ensure adherence.
  • Conduct due diligence reviews, report results of reviews of AML risk assessments, and monitor remedial proceedings.
  • Identify, investigate, and resolve non-compliant activities.
  • Plan AML training sessions and provide advice on the implications of future business strategies.
  • Act as a subject matter expert for the business and point of reference to address related queries.
  • Compile reports for the board and management.
  • Address issues relating to transaction monitoring, filtering, and sanctions.
  • Handle the preparation work and management of inspections by the regulator.
  • Develop and update internal procedures.
  • Oversight of all compliance issues.

Requirements:

  • Strong background in Financial Services.
  • In-depth knowledge and understanding of AML/CTF regulations.
  • Confident and concise communication skills with a proven organizational ability.
  • Solution-oriented with the capability to present at management meetings.
  • Legal experience in loan documentation is a distinct advantage.


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