Customer Due Diligence Team Lead

·
Full time
Location: London
· ·
BACB is a UK bank that offers trade finance and investment expertise to clients in specialist markets, especially Africa and the Middle East We have been helping businesses with trade finance and complementary products for over half a century, focusing on trade flows to and from Africa and the Middle East as well as real estate in the UK. Our in-depth knowledge of the countries and practices where our clients operate ensures that we put them first. Additional Info

Hybrid Working: 3 days onsite, 2 from home Location: City of London Contract Type: Permanent Job Summary

The CDD Team Lead is responsible for managing and controlling the day to day operations and resources of the CDD Team, ensuring the efficient processing of customer due diligence (CDD). The TL is responsible for ensuring quality control across the due diligence process when onboarding new clients, managing/completing periodic/trigger reviews and ongoing name screening. Take a lead role in working collaboratively with key stakeholders in both first and second line of defence, to ensure that BACB knows its customers and adopts and maintains appropriate systems and controls in the prevention of financial crime and money laundering. Key Work Outputs and Accountabilities

Responsible for leading the day to day management of the workflow across the CDD team, working with other Senior Associates to ensure allocation of tasks Supports the Head of CDD and contributes to the overall workflow and efficiency of the department. Support Onboarding, Periodic Reviews, Screening and Behavioural Monitoring Maintains procedures and, where requested by the Head of CDD, enhances and re-writes existing or generates new procedures Ensures quality of work is in line with regulatory requirements, minimum standards and procedures Subject matter expert for the area and provides guidance and training for junior staff and other business areas Responsible for the timely production of appropriate MI Supports the Head of CDD in any financial crime monitoring and audit programmes Supports the Head of CDD with vendor and system management, as required Actively promotes and maintains good relationships with all team members, clients and counterparties, representing the bank in a professional and positive manner Required Qualifications and Experience

Minimum of four years’ experience within the KYC/AML/Financial Crime banking sector People Manager/Team Leader experience (at least 2 years) Experience of acting in an advisory/approver capacity within a customer due diligence/financial crime team Proven experience of EDD/PEP (high risk) onboarding and high risk jurisdictions and markets Current knowledge of the UK regulatory environment with regard to financial crime prevention, sanctions regimes and other regulatory requirements Proven experience of onboarding a wide variety of client types, such as Financial Institutions, PLCs, Corporates, SPVs, Trusts, Funds Working knowledge of systems such as World-Check One (or other screening solutions), Bankers Almanac, SWIFT KYC Registry Understanding of first line business activities

#J-18808-Ljbffr

Recent Jobs

London (On site) · Full time

Are you a smart, driven professional who takes pride in making a difference in local communities? Turner & Townsend’s Real Estate division is experiencing significant growth and we’re looking for an experienced industry professional with health project experience to join our high-performing and collaborative Project Management team. Why Join Us? Impactful Work: Contribute to social [...]Read More... from Assistant Project Manager – Healthcare See details

Chasetown (On site) · Full time

My client, Autosmart International are a manufacturing success story! Site Operations Manager – leading fast-paced manufacturing and warehousing About Our Client Autosmart International is a manufacturing success story, leading the field in vehicle cleaning products. We are the No.1 choice of automotive trade customers across the UK. We have doubled in size in the last [...]Read More... from Site Operations Manager See details

London (On site) · Full time

CSS are looking for an experienced duty officer to join our client’s team who are a local council responsible for all areas within the Tendering district. Working hours: All shifts are 8 hours long with various start times available: Monday to Friday – start times between 6AM – 3PM Saturday & Sunday – 6AM – [...]Read More... from Duty Officer See details