Financial Crime Compliance Manager

Financial Services
£55000 - £65000 per annum
12 Apr 2017
11 May 2017
Contract Type
Full Time

Financial Crime Compliance Manager

Central London

Virtual Currencies FinTech Startup

£55K - £65K

Robert Half Risk & Compliance are currently seeking a Financial Crime Compliance Manager to join a virtual currencies FinTech startup based in Central London.

Key Responsibilities

  • Establishing an effective AML framework:
    • Ensuring pre-emptive compliance with regulatory and statutory requirements
    • Keeping up to date with emerging regulations (5th EU AMLD, GDPR) and analysing any potential impacts to current processes
    • Developing and implementing key processes around onboarding (ID&V, KYC and EDD), screening, customer risk assessment, ongoing monitoring and training
    • Developing and implementing policy and procedure documents to support the above
    • Developing and implementing a compliance monitoring programme
    • Developing and performing and entity level risk assessment
  • Providing advice on:
    • Higher risk customer files
    • Red flags or other escalation criteria
    • Unusual transaction activity
    • Potential screening matches
  • Mentor, coach and train other members of the Compliance team
  • Reporting and communications with the FCA and other regulatory authorities
  • Remediating customer files and backlog of screening hits
  • Providing advisory support on new products/services, including assessment of potential AML/CTF risks

Key Skills

  • 3-5 years AML and Sanctions experience in a financial institution
  • Experience with virtual currencies or payments preferred
  • Experience dealing with the FCA or an equivalent regulatory body
  • Familiarity with the Consumer Credit related compliance desirable but not required

Robert Half Ltd acts as an employment business for temporary positions and an employment agency for permanent positions. Robert Half is committed to equal opportunity and diversity. Suitable candidates with equivalent qualifications and more or less experience can apply.