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Senior Manager AML Financial Crime

Compliance Enquire

Type:	Permanent
Hours:	Full Time
Reference:	89591

Full Description

Senior Manager AML Financial Crime

Department: Compliance

Employment Type: Permanent

Location: Jersey

Description

To assist the Head of Compliance with the execution of AML/CFT controls to ensure compliance with relevant legislation and regulation in Jersey, the provision of AML/CFT technical training and advisory service to colleagues.

Key Responsibilities

Assist the Head of Compliance with devising and implementing a robust AML/Financial Crime strategy
Assist the Head of Risk with analysis of and recording of AML Financial Crime risks within RHTCs risk framework, their impact and controls within the Business Risk Assessment
Act as the AML/Financial Crime Team representative at Risk & Compliance Committee and RHTC Board meetings as and when required
Work with members of the Risk and Compliance function to engender and support a compliance culture
Analyse the effectiveness and adequacy of documented AML/CFT policies and procedures, assisting the MLCO in ensuring any relevant changes to the regulatory environment are considered and appropriate amendments made to RHTCs control framework
Delivering training on AML Financial Crime related topics including induction training for new starters.
Day-to-day oversight of the AML/Financial Crime Team, including the identification and delivery of training to any junior members of the team and ongoing supervision of work undertaken
Line manager of the Senior Administrator and 2 x Administrators, AML/Financial Crime
Assist in the production of regular compliance reports including management information and analysis of failures and issues to identify causes and remedial actions
Provide in-house expertise, advice and guidance and technical support to RHTC management and personnel on relevant legislation, regulation and policies and procedures
Oversee and direct regular and ad-hoc screening, including the reporting of any confirmed matches and any recommended actions to the Senior Manager, Regulatory. Screening to include:
Worldcheck and Riskscreen screening
Background checks with the review of open source / public information
Sanctions screening
Oversee and direct the identification, review and reporting of Politically Exposed Persons, together with any recommended actions, to the Risk and Compliance Committee
Oversee and direct the execution of the following testing, with the reporting of any findings and recommended actions to the Senior Manager, Regulatory:
CDD Monitoring Programme
Transaction Monitoring Programme
Obliged Persons Testing
High risk jurisdiction reviews
Oversee and direct the review, collation of any relevant information and response to:
Liaison Notices
Royal Court and Petty Debts Lists
Liaise with the Senior Manager, Regulatory, colleagues in the Compliance Team, Risk & Governance Team and client-facing teams to agree the appropriate measures to be taken in response to any findings

Ensure the review and regularly update RHTCs AML registers and compliance records, including:

Politically Exposed Persons
Customer Due Diligence; outstanding and deficiencies
Enhanced Due Diligence
Enhance Monitoring Plans

Assist colleagues with any AML/CFT technical queries

Review and provide feedback on related profile information including:
Source of Wealth
Source of Funds
Rationale for use of Jersey and RHTC
Rationale for a client structure or entity
Biographical background information
Advise the Senior Manager, Regulatory of any suggested improvements to AML/CFT controls and processes
Co-ordinate any ad hoc tasks and projects being undertaken by the AML Team and any other reasonable duties that may be assigned

Skills, Knowledge and Expertise

A minimum of 5 years compliance experience, ideally working in a trust environment, in an AML Financial Crime related role.
Professional Compliance Qualification at Diploma level preferably AML/CFT related.
Good knowledge of AML/CFT legal and regulatory requirements in Jersey, as well as RHTCs AML/CFT policies and procedures, with the ability to apply this knowledge to real life situations and make appropriate recommendations as to actions
Proactive with very close attention to detail to ensure the teams work is of a consistently high standard
Good administrative, analytical and organisational skills are essential, to ensure the teams accurate and timely completion of work
Good interpersonal, written and verbal communication skills, with the ability to communicate at all levels and across teams within the business, and to challenge where appropriate
Good knowledge of Microsoft Office packages and applications
Flexible, with the ability to work to time pressures, managing own and the Teams workloads and prioritising accordingly
Able to investigate and undertake research on technical, legislative and/or regulatory matters
Able to work as part of a team, liaising and co-ordinating with colleagues
Member of the International Compliance Association or other relevant professional body