Job Description
Financial Crime Middle Office – ABC – Associate
Canary Wharf/Hybrid
Contract
£210 per day (inside IR35 PAYE)
cer Financial are working alongside an international bank based in Canary Wharf. They are looking for a Financial Crime Middle Office – ABC at Associate level on a contract basis. This is inside IR35 PAYE.
As a FCMO – ABC Associate you will be expected to act as an analyst investigating ABC requests for the first line of defence, in the three lines of defence model. This role is designed to protect the Bank from the Bribery, Financial Crime and Sanctions risks associated with the onboarding of new Suppliers and Associated Parties to be used by the Bank and to conduct periodic reviews of these relationships on a risk-based approach.
The responsibilities of the FCMO – ABC Associate will include:
Analyse submissions via the G&E database of Gifts and Entertainment to be given or received by bank staff, ensuring completeness of the records before escalating to the Second Line for approval.
Analyse entries in the ABC Database for new Supplier / Associated Party or ABC periodic reviews, ensuring adherence to the CPD ABC standards, regulatory guidance and internal policies. Where necessary ensuring timely escalation to the relevant second line for further advice and guidance.
Participate in the on the job training of new staff to the team, ensuring that they obtain a full understanding of the systems used as part of their role and the policies and procedures to be followed.
Participate as directed in the remediation of files identified as requiring additional work by the second line Compliance Monitoring Reviews, ensuring that the remediation is fully completed within the allowed timescale and any issues are escalated as soon as identified.
Represent the FCMO at meetings with other areas of the Bank, providing help and guidance in relation to ABC / G&E matters as requested.
Proactively contribute to improved Departmental performance, by identifying weaknesses / inefficiency in systems, workflow and processes, suggesting enhancements and quantify the efficiency gains, be that from a financial perspective or from a customer experience / security aspect.
To participate in any ongoing projects as directed and required. This includes system development testing and implementation.
Prepare MI as directed to be used for reporting purposes for Bank committees (OGRC and Exco).
The successful Finance FCMO – ABC Associate will have:
The role requires a good understanding of the regulatory framework associated with the UK Bribery Act / Financial Crime / Sanctions / AML and to keep abreast of the changes to this.
Previous experience of working within a CDD / ABC team in a financial institution would be a benefit
Externally recognised qualifications in relation to AML and Customer Due Diligence are preferable.( e.g. ICA certificates / ACAMS)
The role requires excellent communication skills both written and verbal and the ability to communicate complex issues and regulatory requirements to all levels of the organisation.
Ability to collaborate and work within a team, supporting others to ensure the overall team objectives are achieved.
