Job Goal:

• Help the Personal Banking (“PB”) Head of Compliance in guaranteeing the obligatory Compliance framework is in place to cowl associated insurance coverage insurance policies and procedures referring to the properly timed analysis and approval of all new accounts, BAU opinions, QA opinions, ongoing transaction monitoring, reporting and teaching. Degree of contact for all points referring to account opening and transaction monitoring and all interior and exterior audits pertaining to PB. Backup for the Head of Compliance. Liable for managing the PB Compliance employees, updating insurance coverage insurance policies and pointers and guaranteeing file preserving is maintained.
• The candidate should course of fantastic Russian language experience in the case of learning, writing and speaking, thus enabling him/her to take care of Russian shoppers. Moreover, should possess first-hand work experience in coping with purchasers from CIS nations with thorough knowledge of documentation requirements, regulatory framework and KYC CDD requirements related to completely totally different jurisdictions particularly Russia, Ukraine and the CIS space

Job Duties:

• Deputy for the Head of Compliance, Personal Banking (HOD). Help the HOD in relation to regulatory and senior administration engagement and related reporting.
• Characterize the HOD in WM Hazard / totally different associated committee conferences in his absence or as may be required now and again.
• Give priority to requests made by or on behalf of HOD. Current the HOD with solutions, knowledge and tales of ample accuracy, aspect, top quality, context and relevance all through the given deadlines and timeframes. This incorporates advert hoc requests along with ongoing/frequent requests, paying homage to these referring to Compliance updates to quite a few committees.
• Current proactive solutions to HOD in enhancing controls and effectivity and shutting out of gaps acknowledged.
• Enter and co-ordination of meeting packs.
• Creating important relationship with interior and exterior shoppers via the acceptable administration of their expectations and agreed targets.
• Assist with Inside / Exterior audits all through and after, guaranteeing that the audit practice and any queries which can be obtained now and again is managed and actioned timeously. Adjust to-up / monitor and provide standing exchange on the progress of any potential and current audit observations or solutions and assure pro-active determination thereof to boost audit scores.
• Be sure that an environment friendly Compliance framework is in place and is entrenched adequately masking talked about areas. Hold and exchange Compliance manuals, insurance coverage insurance policies and pointers as required so as to take care of it associated with the native along with the worldwide regulatory developments. Skilled-actively assess implications of latest regulatory developments on Enterprise, take cognizance of enterprise biggest practices and initiatives to with a view to current the proper acceptable however smart advice. Guaranteeing that the regulatory opinions are carried out based on the licensed timelines and reporting of the acknowledged breach/findings is accomplished on the associated committees.
• Assist the Personal Banking Administration in all options referring to interpretation, analysis and implementing regulatory requirements from the associated Anti-Money Laundering, Counter Terrorist Financing and Sanctions Legal guidelines along with totally different regulatory requirements as may be related.
• Areas of accountability embody account opening opinions, on-going due diligence opinions, QA opinions, transaction monitoring, purchaser screening and payment screening.
• Actively participate in Group duties.
• Contribute and provide solutions throughout the implementation of various system deliverables based on the Group’s ongoing initiatives within the path of enhancing system efficiencies. Co-ordinate and participate in conducting UATs’ to verify straightforward completion of the duties.
• Help the HOD with FATF evaluation / Central Monetary establishment opinions, along with the preliminary hazard analysis for PB
• Liable for the analysis and exchange of monitoring plan of the AML employees. Observe, administration and have an effect on actions with the exact intention to increase and improve operational efficiencies.
• Deal with effectivity, experience development and experience with a view to improve innovation, receive efficiencies and improve competencies.
• Respect of the:

· On-going Purchaser Due Diligence (Extreme Hazard account on-boarding) opinions;

· Assure adherence to the improved PEP onboarding course of;

· Deliberate (annual / bi-annual / quarterly) QA opinions and reporting thereof;

· Transactional / operational monitoring actions;

· Third-party Due Diligence Prepare Assessments;

· Each different ad-hoc monitoring opinions that is carried out by the Compliance employees; and

· Reporting any breaches in areas of accountability.

. Assist the HOD throughout the analysis and implementation of all unit processes.

• Energetic participation in Crew conferences to assist the unit to carry out its goals. Counsel procedures or processes within the path of enhancing efficiencies. Comprise employees members and foster an equal options custom.
• Providing guidance and advice to Enterprise on related tips, guidelines, group insurance coverage insurance policies and compliance course of and procedures pertaining to account opening and another AML/CFT points.
• Decoding and analyzing the developments to decide any irregularities and to implement additional controls to mitigate risks.
• Assure acceptable skilling and sufficient functionality of employees members for the adherence to operational and restore necessities.
• Current help to the Enterprise successfully. Co-ordinate teaching and provide help / guidance and enter to the PB Compliance employees with a view to rollout the Compliance monitoring. Drive the annual Compliance teaching program for the PB Enterprise house.
• Decide key areas of self-improvement or as acknowledged by HOD and attend teaching courses to increase knowledge base and experience.

Info and Experience:

• Crew participant
• Self-motivated
• Unbiased
• Assertive and guaranteed
• Devoted to making a regular enchancment custom

{{Qualifications}}:

• The incumbent could have a minimal of 7 years compliance experience throughout the financial firms enterprise, ideally private banking in a acknowledged market of which a minimal of 3 years ought to be in a managerial perform. In depth hands-on experience in on-boarding purchasers, transaction monitoring, STR submitting, ongoing opinions, and so forth. Moreover, should possess first-hand work experience in coping with purchasers from CIS nations and via knowledge of documentation requirements, regulatory framework and KYC CDD requirements related to completely totally different jurisdictions particularly throughout the CIS space.
• UAE private banking / regulatory experience most popular.
• ACAMS