Financial Crime Officer

Smith & Williamson

Tilney Smith & Williamson

Leading independently owned providers of investment management, financial planning, financial advisory, accountancy, tax and corporate services to private clients, corporates, professional practices, and non-profit organisations. With over 60 offices in the UK, Ireland, Jersey and Guernsey, 3,200 people and an international capability in over 100 countries, our aim is to provide an innovative global service.

 

London

Our London office, based in the City, provides leading edge advice to private clients, professional practices, mid to large corporates and nonprofit organisations.  From the London office we provide the full range of our services: business advisory services, corporate finance, corporate recovery, corporate tax, forensic services and litigation support, investment management, pensions and financial planning and advice on personal tax and trusts.

 

Job Description

 

Purpose of Role

Financial crime monitoring and advice on all relevant financial crime issues primarily for the Professional Services (Tax and Business Services) Division.

 

Reports to – Financial Crime Manager

 

Regulatory Status –Non-Regulated

 

Senior Managers or Certified Persons Regime – No

 

T&C – Yes

 

Responsibilities:

Sanctions/PEP/Enforcement Screening – overseeing the management of the escalated alerts resulting of the screening new and existing clients, and payments, against Financial Sanctions, PEP and Enforcement lists ensuring that all potential matches are promptly investigated and escalated when required
AML – Deal with enquiries about non-standard AML verification issues (including CIFAS). Review and approve EDD for higher-risk potential clients (Medium & High Risk), escalating concerns to the Financial Crime Manager, Associate Director or Deputy MLRO/MLRO as appropriate. Provide advice and assistance in respect of the application of the Professional Services AML requirements to client-specific scenarios
Ongoing Enhanced Due Diligence – Overseeing enhanced ongoing monitoring of higher-risk clients (i.e. clients residing in jurisdictions outside of the approved low risk list, PEPs and any other clients that have been deemed higher risk by Financial Crime)
Management Information – Support in the population of data for monthly compliance reports, financial crime dashboards and any other ad-hoc reports when required
Financial Crime policies and procedures – Overseeing the maintenance of all financial crime registers and logs to ensure accurate record keeping
General advice and financial crime matters – Assist with providing appropriate, consistent advice on financial crime matters to line management and staff, escalating issues as necessary
 

Candidate Profile

 

Experience and Skills:

At least three to four years of experience in a similar role, preferably for an accountancy/audit or business advisory services firm
An industry qualification would be an advantage, or willingness to undertake relevant study
Good inter-personal skills, with a determined and proactive approach
Strong influencing skills with the ability to convince and persuade others, specifically directors, using diplomacy to convey to the business the necessity of their active participation in financial crime matters
Good level of computer literacy – ability to utilise internal systems etc., with good writing skills.
Strong analysis skills and sound judgement with the ability to analyse correctly in a timely manner, making systematic and rational judgement based on relevant information and experience
Willingness to maintain up-to-date knowledge of the rules, regulations and guidance in respect of all aspects of financial crime and keep abreast of relevant financial developments that may affect the industry and understand their potential impact on the business
 

Key Competencies:

Analytical Thinking: Analysing and breaking issues down to resolve them. Make systematic and rational judgement based on relevant information and experience
Judgement: Make timely decisions that demonstrate considered judgement
Planning & Organising: Planning and organising in advance as far as possible. Managing ad-hoc issues as they arise whilst meeting deadlines
Influencing: Exhibits influencing skills. Having the ability to convince and persuade others, specifically directors. Use diplomacy to convey to business the necessity of their active participation in financial crime matters
Financial Awareness: Keeping abreast of relevant financial developments that may affect the industry and understand their potential impact on the business
Technical Expertise: Ability to utilise internal systems etc. Good level of computer literacy.
Written Communication: Necessary for monitoring reports, breach reports, remedial actions etc.
Teamwork: Necessary to work closely with the Financial Crime Director, Senior Compliance Manager and other compliance staff; also, with staff in the business areas
Candidate Profile

 

Education:

An industry qualification would be an advantage, or willingness to undertake relevant study
Experience and Skills:

Demonstrable experience in a similar role
Willingness to maintain up-to-date knowledge of the rules, regulations and guidance in respect of all aspects of financial crime
Good inter-personal skills, with a determined and proactive approach, and excellent attention to detail

To apply for this job please visit smithandwilliamson.earcu.com.


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