linkedin

Back to job search

AML Oversight Officer

  • Location:

    City of London

  • Sector:

    Financial Crime

  • Job type:

    Permanent

  • Contact:

    Emma Karslake

  • Contact email:

    emma@rutherfordsearch.com

  • Job ref:

    EKA005

  • Published:

    3 months ago

  • Expiry date:

    2020-09-08

Our client, a fast growing and successful Fintech are looking for an AML oversight officer to join their London team. The firm have plans to build the most advanced data driven intelligence AML platform becoming world-class in the field.

As an oversight officer, you will be mandated with the full oversight of Business AML Department and run a monitoring control framework (in line with the business strategy as defined by the Management), manage any clients or transactions oversight and AML-related matters, implement controls and oversight on operational day-to-day activities in KYC, transaction monitoring or sanctions screening.

Responsibilities

  • Act as primary point of contact for Business AML operational activities with QA responsibilities and oversight queries concerning clients and transactions

  • Maintain AML/CTF due diligence process and ongoing oversight program on operational teams

  • Manage the internal oversight process, including collecting data, identifying improvements, tracking actions to completion

  • Engage periodic activities teams review to ensure that all operations remain consistent with services delivered

  • Complete a periodic review of KPIs and KRIs to ensure they remain fit for purpose and within agreed tolerances

  • Work with cross-functional teams and cross-country teams to help identify issues that require flagging to senior management

  • Assist operational teams in responding to regulatory queries, on-site visit preparations and follow-on requests for information

  • Propose updates to Business AML policies and procedures to remediate any gaps with regulatory and other requirements

  • Support initial and ongoing due diligence with operational teams, aligned with business needs and compliant with the regulations and internal requirements

  • Prepare necessary reporting highlighting operational risks or gaps identified as appropriate and when required

  • Support the maintenance and the update of the AML data

  • Retain and manage documentation to ensure proof of evidence is available for auditors and compliance regulators reviews

  • Support the Head of Business AML in reporting to the Executive Committee

  • Contribute to various internal projects to enhance BC services

Candidate Profile

  • Deep knowledge on applicable AML/KYC regulations and related matters

  • Fintech experience desirable

  • 5 + years of experience in banking oversight either directly or via an advisory capacity

  • Analytical and confident with working with figures and statistical data to development AML oversight control framework and reporting

Our Commitment to Equality

Rutherford recognises that discrimination and victimisation is unacceptable and that it is in the interests of the Company and its employees to utilise the skills of the total workforce. It is the aim of the Company to ensure that no job applicant receives less favourable facilities or treatment (either directly or indirectly) in recruitment or employment on grounds of age, disability, gender/gender reassignment, marriage/civil partnership, pregnancy/maternity, race, religion or belief, sex, or sexual orientation (the protected characteristics). Our aim is that candidates will be truly representative of all sections of society and each candidate feels respected and able to give of their best. All candidates, whether part-time, full-time or temporary, will be treated fairly and with respect. Selection of candidates will be based on aptitude and ability.