We are Hiring for a position of Compliance Manager role for an International Bank Based in London.
Job Purpose:
· Have a good understanding of and remain up to date on relevant regulatory requirements and their application in Anti-Money Laundering legislation, Proceeds of Crime Act and Fraud Act.
· Manage Production Orders and other related orders from external agencies i.e HMRC, Law enforcement agencies and enquiries received from regulators and ensure they are dealt on timely manner.
· Provide support to the Financial Crime Prevention Team and other departments within the Bank in relation to fraud queries, referrals and guidance.
· Review and conduct timely investigations into allegations of First party fraud, Third Party fraud, internal fraud and Fraud / KYC / AML alerts generated from the Banks fraud prevention systems (including debit card fraud).
· Produce periodic and ad hoc management information (MI) and reports on Fraud.
· Identify and analyse fraud data to uncover new and current trends and patterns.
· Complete Suspicious Activity Reports (SARs) administration, evaluation and reporting.
· Assist in the development and delivery of FCP training.
· Preparation of policies and processes and help with their implementation to prevent fraud.
· Provide reports to the Head of Compliance and the management and Board Committees on fraud related matters.
· Point of contact for CIFAS related matters. Manage CIFAS loadings and reviews, ensuring provisions of the Immigration Act are being met by the Bank and oversee quarterly checks.
· To undertake other Compliance related projects as directed by the Head of Compliance