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Form of work
SalaryGreat 18 month maternity cover contract with a fantastic Liverpool-based specialised Vehicle Finance business. Great benefits and a fantastic culture plus a handover period until the maternity leave will mean a really smooth transition.
PURPOSE OF ROLE
- Assist the Financial Crime Manager and Asset Finance Group "AFG" Money Laundering Reporting Officer (MLRO) and be the first contact point for Vehicle Finance queries relating to Money Laundering, Sanctions, Anti-Bribery and Corruption, and Law Enforcement Agencies enquiries. Provide training and coaching to members of financial crime team on AML.
KEY RESPONSIBILITIES
Risk Management and Compliance
- To support the Financial Crime Manager, MLRO & FC Team in ensuring AFG’s compliance with Anti Money Laundering requirements.
- Oversight of referrals made to Financial Crime where there is Money Laundering concerns as well as dealing with legal requests made by Law Enforcement Agencies and Government Departments.
- Maintain a working knowledge of regulations relating to Anti Money Laundering.
- To be the escalation point for Vehicle Finance applications on all issues relating to Money Laundering.
- Oversight of suspicious activity alerts and referrals and analyse the information to determine if there is any Money Laundering activity.
- To make recommendations on Money Laundering issues, referring to the Financial Crime Manager where appropriate.
- To support the ongoing review of high risk customers including PEP alerts, trigger events etc.
- To undertake ad hoc compliance work as required.
- Complete submissions to NCA where applicable.
- Complete witness statements where applicable.
- To work in collaboration with Compliance Advisory, Compliance Monitoring and Legal colleagues to ensure the consistent delivery of regulatory and legislative standards.
- Work in collaboration with the business to make sure agreed SLA’s are adhered to and high-risk customers are managed effectively.
- To assist in the delivery of Anti Money Laundering related training.
- To keep up to date with all relevant regulatory and legislative changes and raise potential emerging risks with line manager.
- To ensure that records are kept of work undertaken and advice given to the business and that there is an appropriate filing system is in place to enable retrieval to meet regulatory responsibilities.
- To ensure that responsibilities regarding Treating Customers Fairly, the Prevention of Financial Crime (including Money Laundering) are carried out effectively and in accordance with the Company’s internal policies.
- Identify areas of weakness in current procedures and make recommendations for improvements.
Customer and Relationship Management
- To liaise with the NCA and other law enforcement agencies to ensure a compliant business.
- Build professional effective working relationships with key internal departments.
- Intra-group liaison to facilitate best practice and business excellence.
Process Management
- Actioning and monitoring SARs and all law enforcement enquires reporting to the NCA where appropriate, managing all post disclosure issues and transactions.
- Review possible PEP, Sanction and SIP matches, referring confirmed matches to the Financial Crime manager, review and maintain a register of PEPs based on the individual risk identified.
- Actioning, reporting and monitoring DPA responsibilities relating to Subject Access Requests.
- To support the ongoing training of the team through coaching and mentoring.
- Review and update current Anti Money Laundering policies and procedures.
Other
- To contribute ideas for process improvements.
- To develop and maintain strong working relationships with key internal colleagues.
- To act with integrity at all times and embrace and demonstrate the philosophy of treating our customers fairly.
- Any other additional responsibilities required within the role.
CORE SKILLS & KNOWLEDGE
- Regulatory Knowledge as applicable to role (compulsory).
- To act with integrity at all times and embrace the philosophy of treating our customers fairly (compulsory).
- To act with integrity at all times and embrace the philosophy of treating our customers fairly.
OTHER ATTRIBUTES
- ICA or equivalent qualification in Anti Money Laundering.
Previous experience of working in an Anti Money Launderin
