Job description

Requirements

  • Entry level
  • No Education
  • Salary ZAR100,000.00 - ZAR130,000.00 gross per year
  • East London

Description

Head of Compliance/ MLRO - SMF16/SMF17

Reed Banking are exclusively retained to recruit a SMF16 and SMF17, Head of Compliance/ MLRO for a global private banking and wealth management organisation based in the City of London.

Role Details:


- SMF16 Compliance Oversight including relevant prescribed responsibilities
- SMF17 Money Laundering Reporting Officer (MLRO) – acting as the MLRO for the London branch including receipt assessment, and onward disclosure of SARs
- Legislations and regulations – keep up to date with any changes to UK Compliance regulations and laws, issued via the FCA and the PRA
- Compliance policies and procedures
- AML/CFT policies and procedures, implementing and reviewing
- New business reviews – including high risk accounts and PEP approvals
- Transactional monitoring
- Regulatory approvals, appointment of UK individuals, maintaining the senior managers regime
- Regulatory reporting, via Gabriel and Connect
- Be the compliance SME for the London branch

Key Candidate Requirements:


- Strong knowledge of UK banking and investments business regulations
- Excellent stakeholder management skills and the ability to develop strong relationships internally and with third parties
- Previous experience working in Private Banking and/or Wealth Management
- ICA Diploma in Compliance or CISI International Diploma in Investment Compliance (ideal)
- CASS experience would also be highly beneficial for this role

Please get in touch with Olivia Power, for a confidential conversation either by calling or email

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