THE

RESPONSIBILITIES:
Coordinate the Financial Crime Prevention teams in EMEA, monitoring performance, setting priorities/objectives, and helping to recruit appropriately qualified staff where required Put in place appropriate reporting such that Head Office and EMEA Financial Crime Oversight committees are informed of any significant Financial Crime Prevention matters that have been identified through ongoing monitoring, Audit or incident reporting. Escalate relevant issues to local, business or functional line management should they arise. Formulate proposals to Head Office Financial Security in order to improve global processes or processes that affect the EMEA and the UK. Provide that all audit and regulatory points allocated to the EMEA teams are appropriately actioned and closed in a timely manner. Maintain an inventory of Financial Crime Prevention requirements applicable to the EMEA platform. Provide effective and coordinated advice to all Financial Crime Prevention teams, including to the business where appropriate, as well as providing for an appropriate and timely two-way flow of information Participate in the new product/service process to provide that Financial Crime compliance risks are appropriately considered and where relevant are mitigated. Ensure that all EMEA locations have adequate, clear and sufficiently detailed policies and procedures in place so that relevant regulations, rules and Head Office requirements are properly disseminated and understood. Regularly review the policies and procedures issued by Head Office to confirm that they are suitable for application in the region and escalate concerns when this might not be the case, or where there is clear conflict. To develop regular 'Financial Crime Prevention training, targeted themed and business specific training and general awareness campaigns across the EMEA region In conjunction with the PCU teams, develop and implement a comprehensive risk and rules based Monitoring Programme for EMEA, covering routine monitoring of various aspects of the business Provide technical input into the relevant Head Office Risk Assessment programmes, and where appropriate be prepared to develop local Risk Assessment programmes to satisfy local regulatory expectations. Oversee the risk assessment process to provide that all existing and emerging Financial Crime risks are appropriately identified and managed and that the risk assessment methodology is compliant with EMEA local regulatory requirements. Provide that regular and detailed monitoring is undertaken on transactions, new accounts & existing accounts to provide that potential money laundering, terrorist financing, fraud or sanction breaches is identified and/or prevented. Provide ad hoc reports/information to the UK Head of Compliance and Head Office Financial Security team. EXPERIENCE REQUIRED: Practical experience working in the Financial Crime Prevention team at a senior level of a global bank or securities house. Ideally having held the MLRO position In depth knowledge of UK and European AML, sanctions, anti-bribery and anti-fraud regimes. Good general knowledge of US and Asian AML, sanctions, anti-bribery and anti-fraud regimes Detailed knowledge of UK Money Laundering Regulations, FCA rules/Financial Crime Handbook & JMLSG Guidance Notes Appreciation of the mechanics & workings of the UK law enforcement agencies & courts