Operational & Regulatory Support Team Officer-Banking (1-year FTC)

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Ref: 22501

The Skills You'll Need: English fluent, Solid experience obtained from UK banking and working experience relative to CoP (Confirmation of Payee) project.

Your New Salary: HighlyCompetitive + Bonus + BenefitsDepending on experience

Location: Central London

Office based

1 year Fixed term Contract (Maternity Cover)

Start ASAP

Report to: Manager

Who You'll Be Working for: An international bank

Operational & Regulatory Support - What You'll be Doing Each Day:

• To lead, develop and manage the operational & regulatory support team.
• To review and analyse upcoming regulatory compliance requirements. e.g. CoP (Confirmation of Payee);
• To oversee and lead regulatory change initiatives to ensure that changing and new regulation is embedded appropriately;
• To lead reporting on risk matters to ensure the business meets its external Conduct and Prudential reporting obligations;
• To implement any findings of internal and external auditors and to incorporate any necessary updates to procedures;
• To oversee initial customer due diligence based on bank systems of record, existing document repositories and publicly available information to reduce the Bank's AML and regulatory risk;
• To investigate AML transactional monitoring alerts forwarded by Compliance and Legal and to liaise with customers to obtain clarification;
• To escalate any account suspicions identified to Compliance & Legal;
• To oversee the maintenance of account documentation within banking dept;
• To respond requirement from internal and external audit, risk & ALM dept, compliance & Legal Dept and head office;
• Conduct daily basic CASS review operation in accordance with established "policies".

Operational & Regulatory Support - The Skills You'll Need to Succeed:

• Minimum 5 years’ experience obtained from UK banking;
• Sound knowledge of bank policies and procedures;
• Ability to make constructive and practical recommendations and improvements to processes and procedures;
• Knowledge of FCA guidelines and principles;
• Knowledge of money laundering prevention;
• Computer literate with excellent keyboard skills;
• Ability to multitask in an organized manner;
• Good analytical and problem-solving skills and able to work methodically and accurately;
• Working experience relative to CoP (Confirmation of Payee) project is welcome.

Working hours: 9 to 5

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We would be grateful if you could send your CV as a Word document. If your application is successful, you will be contacted within 7 days. We regret that due to the high volume of applications we receive we cannot provide feedback on individual CVs. Please note that we can only consider candidates who are eligible to work in the UK and are able to provide relevant supporting documentation.

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