Financial Crime Manager - #150350

Job Title: Financial Crime Manager

Department: Financial Crime

Location: Jersey

Contract Type: FTC - 12 Months

The Role

To assist the MLCO/MLRO with the oversight and delivery of the effective systems and controls, within RIMI, to detect and protect against Financial Crime, Sanctions and Proliferation Financing.

Outcomes of the Role

• Fulfil a subject matter expert (SME) role for the AML function, as agreed with the MLRO/MLCO and be part of the Senior Management Function.

• Assist the MLRO/MLCO with overseeing the firm’s systems and controls for compliance with the firm’s anti-money laundering, terrorist/proliferation financing, sanctions, bribery, tax evasion and financial crime policies and procedures.

• To assist with the Financial Crime Compliance Monitoring Plan, by testing systems and controls and providing management information to the MLCO as required. Monitor the actions from the testing to ensure completion in a timely manner and deal with any remediate actions for the AML Team.

• To assist the MLRO/MLCO with internal/external audit remediation and reporting.

• To act as Deputy MLRO and identify potential suspicious activity and where requested, take responsibility for the initial investigation of suspicious activity reports, compiling full reports and ensuring all confirmed findings are reported to the MLRO and logged accordingly.

• To cover the MLRO/MLCO role as described in their job description when the MLRO/MLCO is not available. Including liaising with the JFSC/JFCU/JFIU and any other third parties and dealing with legal/regulatory notices.

• Assist in the identification, analysis and implementation of changes driven by legal and regulatory change, industry guidance or best practice.

• Co-operate with law enforcement/regulatory officers by providing accurate records within a legal framework, ensuring all their enquiries are dealt with within compliance and strict timescales.

• Assist in the creation and delivery of the AML training programme including its content and implementation. Manage training attendance and provide regular reporting to the MLRO.

• Provide oversight of the PEP and Sanctions screening software including oversight of its results. Investigate and record PEP and Sanction matches in preparation for MLRO sign off. Act as the PEP Manager, conducting annual reviews and managing the PEP register.