: Financial Crime Compliance Advisory Associate

at  Santander

SKILLS AND KNOWLEDGE

Required:

• Excellent critical thinking, analytical and problem-solving skills
• Should show initiative, be organized and be able to plan and prioritize.
• Previous experience of Financial Crime Compliance Advisory in financial services with an international client-base or comparable large corporate organizations.
• In-depth knowledge of applicable legislation and accompanying industry guidance (AML, Sanctions, ABC, ATE and/or Fraud) and the ability to practically apply these in your day-today work
• Experience of using systems and software to analyze data.
• Good communication, both written and verbal, and ability to make decisions and influence stakeholders.

Desirable:

• Educated to Degree level in a relevant subject
• External qualification in Financial Crime (e.g. from ACAMS or ICA).
• Previous experience in developing financial crime policies and implementing and overseeing control frameworks.
• Knowledge of Financial Crime risks and how these are managed in Wholesale/Corporate and Investment Banking.
• Knowledge of Wholesale/Corporate and Investment Banking products.

As a Financial Crime Compliance Advisory Associate you will assist the Money Laundering Reporting Officer (MLRO) in managing the Anti-Money Laundering (AML), Countering the Financing of Terrorism (CTF) and Sanctions risk framework within second line of defence.

The main tasks in this role include:

• Receiving escalations relating to complex AML, CTF and Sanctions risk cases (including clients, products and services) from the first or other second line of defence teams. Providing advice / recommendations on next steps and need for enhanced monitoring where appropriate for higher risk cases.
• Ensuring that FCC policies and guidance align with Global documents, as well as current legal and regulatory requirements and expectations.
• Maintaining FCC Policies, Standards, Protocols, Waivers and Dispensations.

• Providing guidance and training to the first line of defence on the implementation and impact of policies and standards.

• • Developing and delivering FCC training and awareness programmes for relevant stakeholders.
• Supporting implementation of monitoring and screening tools through ensuring systems meet local regulatory requirements and updating relevant manuals and/or procedures where necessary.
• Recommending and implementing actions required to mitigate financial crime risks identified within the client portfolio and producing high quality reports for senior management.
• Supporting Financial Crime Risk Assessments.
• Contributing towards establishing Risk Appetite thresholds.
• Contributing to change management programmes and internal Policy development as an FCC subject matter expert.
• Developing relevant MI and reporting.