Compliance Monitoring Officer

Location: City of London (Moorgate)
Compensation: Up to GBP50,000 base, performance related bonus and good benefits
The company: Investment Bank

The Role

To support the business as the first line of defence compliance-related activities and ensuring that tasks are performed in-line with internal policies, standards and procedures, and in accordance with external applicable laws, rules and regulations.
The key focus of the role holder is to review the alerts that are driven from automated AML monitoring and screening systems.

Role Responsibilities

Investigate and process alerts from Client screening and Transaction Monitoring systems, sourcing information as appropriate from bank systems, external sources and / or internal personnel to investigate and process alerts effectively.
Act as Subject Matter Expert and oversee Client screening and Transaction Monitoring systems.
Supporting the Head of Financial Crime Operations in ensuring systems are operating adequately and effectively.
Assist with the development and implementation of applicable compliance and financial crime procedures to enable the Bank to comply with internal and external regulatory requirements, within the Bank's overall risk appetite.
Proactively stay updated on regulations and regulatory changes as well as industry best practice with focus on Financial Crime Risk.
Help promote a compliant culture across the bank consistent with the banks strategic objectives, vision, values and Risk Appetite.

Experience Required

Thorough knowledge of anti-money laundering legislation and sanctions regimes
Understanding of financial crime typologies and how services can be used for money laundering.
Experienced in AML Transaction Monitoring systems and scenarios
Minimum 5 years of experience working in financial crime
Trade Finance experience
Experience working in a bank or investment bank