Quilter is a leading provider of advice, investments and wealth management in the UK and internationally. Managing over £100 billion of investments on behalf of over 900,000 customers, we operate in one of the largest wealth markets in the world - and one that is growing.Our promise
At Quilter, we're committed to creating an inclusive culture that embraces diversity. We promote equal opportunities and make sure no applicant receives less favourable treatment on the grounds of gender, marital status, nationality, ethnicity, age, sexual orientation, responsibilities for dependants, physical or mental disability. We select candidates for interview based purely on their skills, qualifications, experience and potential.About the Role
The key tasks involve, but are not limited to the following;
About YouKey behavioural skills:Attention to Detail
- Inputting to the annual risk assessment relating to financial crime, working collaboratively with 2LoD, to ensure all financial crime risks are considered and mitigating controls are explored.
- Carrying out Politically Exposed Persons (PEPs), sanctions and adverse media screening and alert elimination, escalating to 2nd line FC Investigations Team where appropriate, in accordance with the risk based approach.
- Undertaking enhanced due diligence for high risk clients, including PEPs, and transactions.
- Carrying out routine monitoring of high risk business in accordance with the risk based approach, including PEPs.
- Transaction monitoring, including the setting of parameters, investigating matches, escalating as appropriate to 2LoD, and reviewing the parameters on a periodic basis.
- Dealing with queries on AML client concessions where clients are unable to provide standard ID or pass EIDV. Maintain MI on AML concessions.
- Assist with financial crime reporting and data as required by the Group Financial Crime team.
- Assist with 3rd party due diligence questionnaires and 3rd party supplier management referrals in accordance with Group Financial Crime team requirements.
- Identifying opportunities for improvement to financial crime prevention practices, investigation processes, and making recommendations for change to the Group MLRO.
- Embedding a positive culture of confident and proactive customer considerations, leading to informed risk taking through training, communication and of the agreed financial crime risk framework.
- Building and maintaining relationships with other colleagues in industry, to promote networking and the sharing of best practice.
- Attending periodic industry forums on financial crime related topics, to enhance knowledge and expand network.
- Promoting the importance of robust financial crime controls, in order to meet legal and regulatory obligations.
- Handles tasks with thoroughness and accuracy. Recognises and resolves errors.Communication
- Communicates clearly, listens effectively. Written communication is concise and well presented, using appropriate grammar, style and language.Technical
- Has technical knowledge appropriate to the role, including relevant computer systems and keeps this knowledge up to date.Time Management
- Effectively balances priorities to meet agreed deadlines for individual and teamwork. Demonstrates flexibility to adapt to changing business needs.Teamwork
- Acts as a resource to the team. Treats colleagues with professionalism and respect.Decision Making
- Understands consequences of decisions and follows instructions. Acknowledges and learns from mistakes. Corporate Focus and Behaviour
- Understands and applies current regulatory obligations and procedures to achieve compliance, including upholding TCF principles. Good operational knowledge of departmental processes. Develops basic knowledge of the industry and ensures individual work contributes to the success of the Company.
Demonstrates initiative and capability within the role and shows potential for future development. Client Focus (Internal and External) -
Assists the team in developing and maintaining appropriate internal and external business relationships, using the appropriate communication method. Knowledge, skills and experience:
- Experience working in a financial crime prevention role.
- Experience of the wealth management industry would be preferred.
- An understanding of the requirements of FCA/HMT regulations and guidance relating to financial crime.
- Expertise in AML Regulation and guidance from JMLSG and jurisdictional risk relating to financial crime.