Job Description
NOTE: This role is not open to Relocation or Sponsorship. Isle of Man residents are eligible to apply.
To supervise and be responsible for regulatory and SB Offshore requirements in managing and controlling risk exposure arising within Banking principally from Operational and Anti-Money Laundering Risks in line with procedures and processes that exist to minimise the risk to the bank. To support the management of the Business Control Unit ('BCU') and act as a source of guidance and expertise within the business as appropriate
Qualifications
Minimum Qualification:
* Secondary/High school/A levels/Matric
Experience Required
* 3 - 4 years experience in Offshore
* Ideally, a minimum of 3 years financial services experience, preferably in a Risk, AML or Compliance department, with a thorough understanding of Anti-Money Laundering and Operational Risk matters.
Key Outputs
* To accurately monitor Risk & Compliance following the banks policies and procedures
* Assist with the administration of Operational and Anti-Money Laundering Risks within the business to ensure that the bank is not exposed to unacceptable levels of risk and report any significant issues to management
* Conduct ongoing monitoring of client transactions and source of funds as required, including the monitoring and review of daily alerts from various information sources
* Conduct retrospective monitoring of Static Data Changes focusing on address changes which increase the possible level of client risk to the Bank
* Act as a point of contact within the business in respect of account queries such as Source of Funds documentation and releasing of payments over accounts that are subject to internal posting restrictions
Additional Information
Behavioural Competencies
* Checking Things
* Developing Expertise
* Documenting Facts
* Exploring Possibilities
* Following Procedures
* Interacting with People
* Managing Tasks
* Meeting Timescales
* Taking Action
* Team Working
* Upholding Standards
Technical Competencies
* Customer Understanding (Business Banking)
* Fraud Detection and Management
* Query Resolution
* Risk Awareness
* Use of Process Design Tools & Systems
SBO