Banking Job - Operational & Regulatory Support Team Officer-Banking (1-year FTC) - London - M
People First
- Central London
- Contract
- Full-time
- £Highly Competitive + Bonus + Benefits (Depending on experience)
- Contract
- Central London
- Ref: 22501
- have solid operational support experience within banking
- have solid regulatory support experience within banking
- have experience relative to CoP (Confirmation of Payee) project
- To lead, develop and manage the operational & regulatory support team.
- To review and analyse upcoming regulatory compliance requirements. e.g. CoP (Confirmation of Payee);
- To oversee and lead regulatory change initiatives to ensure that changing and new regulation is embedded appropriately;
- To lead reporting on risk matters to ensure the business meets its external Conduct and Prudential reporting obligations;
- To implement any findings of internal and external auditors and to incorporate any necessary updates to procedures;
- To oversee initial customer due diligence based on bank systems of record, existing document repositories and publicly available information to reduce the Bank's AML and regulatory risk;
- To investigate AML transactional monitoring alerts forwarded by Compliance and Legal and to liaise with customers to obtain clarification;
- To escalate any account suspicions identified to Compliance & Legal;
- To oversee the maintenance of account documentation within banking dept;
- To respond requirement from internal and external audit, risk & ALM dept, compliance & Legal Dept and head office;
- Conduct daily basic CASS review operation in accordance with established "policies".
- Minimum 5 years’ experience obtained from UK banking;
- Sound knowledge of bank policies and procedures;
- Ability to make constructive and practical recommendations and improvements to processes and procedures;
- Knowledge of FCA guidelines and principles;
- Knowledge of money laundering prevention;
- Computer literate with excellent keyboard skills;
- Ability to multitask in an organized manner;
- Good analytical and problem-solving skills and able to work methodically and accurately;
- Working experience relative to CoP (Confirmation of Payee) project is welcome.