Regulatory Compliance

Financial Crime Compliance Testing Manager

Ref: 363| Posted: 31st Jul 2018

This vacancy is now closed
Our client, based in Glasgow, is on the look out for a Financial Crime Compliance Testing Manager to join their Global Financial Crime team.  The position requires strong communication and an excellent understanding of UK Anti-Money Laundering (AML) Regulations.
Our client is an Investment Bank with a world-class reputation for quality and service.  The talent and passion of its people has been critical to its ongoing success.  The company provides a strong foundation for building a professional career – a place for people to learn, to achieve and to grow, sharing a common set of values rooted in integrity, excellence and a strong team ethic.
The ideal candidate should possess the following skills and attributes:
  • Professional experience gained in Financial Crime or Regulatory Compliance or experience within Compliance testing or equivalent (e.g. Internal Audit)
  • Experience within a large financial institution or global consulting/auditing firm or regulatory body preferred
  • Understanding of financial markets and products (in particular, Equities, Fixed Income, Commodities and Investment Banking/Capital Markets)
  • Understanding of UK Money Laundering Regulations and Know Your Customer requirements is strongly preferred
  • Excellent written communication skills: able to describe complex issues accurately and succinctly
  • Demonstrate meticulous attention to detail
  • Ability to work effectively on multiple reviews with different individuals at the same time
  • Excellent interpersonal skills, necessary to work effectively with colleagues across regions and business units
  • Developed investigative skills: inquiry and analysis, interviewing, testing, organisation and presentation (both written and oral)
  • Ability to research and resolve issues autonomously whilst working across teams to acquire information
  • A University degree or equivalent with strong academic credentials
  • Certification as an Anti-Money Laundering Specialist by ACAMS or equivalent AML certification/license – or certification within 15 months of hire
  • Conduct testing to review and assess the effectiveness of the Firm’s AML policies and procedures and controls
  • Define test scope and design specific testing steps for each applicable area of review
  • Communicate test results, present identified issues to the business, work with the business to develop and implement a plan of corrective action and prepare written reports
  • Track status of corrective action plans agreed upon with the business
  • Maintain detailed and organized documentation of work product
  • Coordinate with other professionals in the organization, including Compliance advisory teams, other Compliance Monitoring and Testing Groups and Internal Audit
  • Remain current on industry rules, regulations and best practices to help ensure that the testing program meets regulatory standards
Competitive salary and benefits package