Senior Administrator, Banking Risk & Conduct

Isle of Man
Permanent
Our client seeks a Banking Risk & Conduct Senior Administrator to join their team.  
   
Role: To supervise and be responsible for regulatory and Group 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 Banking Risk & Conduct Team (BRCT) and act as a source of guidance and expertise within the business as appropriate.  
   
Key Responsibilities:
  • 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
  • Assist with managing of deceased account processes
  • Assist with Mandate update records, control and monitoring
  • Assist with cases involving fraud/attempted fraud
  • Assist with Operational and Anti-Money Laundering Risk monitoring for the bank
  • Maintain an awareness and comply with all Anti-Money Laundering laws, regulations, policies and procedures relevant to the Bank
  • Comply with all policies and procedures relevant to the role
  • To provide assistance to the Banking Risk Manager
  • Act as a point of contact within the business in respect of account queries such as Source of Funds Documentation
  • Assist with the releasing of payments over accounts that are subject to internal posting restrictions
  • Assist in the review of payments that have been flagged by the sanction monitoring software
  • Assist in the review of payments that have been queried by the corresponding bank
  • Assist in the review of account holders that have been flagged by the sanction / PEP monitoring software
  • Undertake client reviews (CBB, IPB, and IWI) as over the schedule and inline with the Client take on and maintenance manual, ensuring that clients are correctly classified as per the Compliance Guidance Note on Client classification and updating the schedule accordingly
  • Undertake trigger reviews where applicable, in line with procedure
  • Conduct ongoing monitoring of client transactions and source of funds as required, including the monitoring and review of daily alerts and various information sources
  • Conduct retrospective monitoring of Static Data Changes focussing on address changes which increase the possible level of client risk to the Bank
  • Liaise directly with clients in respect of associated accounts and transactions, and in doing so to demonstrate clarity regarding the regulatory requirements, whilst demonstrating understanding and empathy with the clients' position
  • Support, manage and maintain relationships with designated stakeholders and teams to ensure ongoing confidence and trust
  • Adhere to completing allocated work within given timeframes
  • Achieve daily and weekly targets, by operating in an effective yet productive manner, through optimal use of time
  • Ensure a high quality of work at all times, proactively seek feedback on outputs
  • Report any shortfalls in service to line manager
 
Key Skills & Experience:
  • Educated to A level standard
  • International Certificate (preferred)
  • 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
 
 
Your specialist: Debbie Amankwa
Quote job ref: 10839

Hi, I'm Debbie and I look forward to receiving your submission for this fantastic opportunity with this business.