Role details:
- You will be responsible for all necessary Central Bank reporting in Belgium, France, Germany and the Netherlands including e-gate, e-corporate, statistical reports, annual and quarterly reports
- Manage the anti-money laundering programme investigating suspicious transactions and referring suspicious transactions to the Country FIU and reporting to FCA after informing the LCC Head of Compliance.
- Liaise with local authorities, regulators and police with regards their requests.
- Conduct periodic compliance reviews on specific areas of the business, such as client KYC, policy revisions, to establish whether the controls and procedures in place are adequate to ensure continuing compliance with FCA, local Central Bank requirements and the data protection act.
- >Take responsibility for ensuring that the duties imposed by the Money Laundering Regulations and all regulations pertinent to the business are complied.
- Provide anti-money laundering training for new staff, existent staff (on annual basis) and agents (existent and new agents). This includes on-line training.
- Report to head of compliance and the management new policies that must put in place to comply with the regulations and mitigate the risks.
- To produce annual report to the Board of Directors and to ODV.
- Attend the monthly call on the “Post Transactional Monitoring” and agree actions with the head of compliance for the agents spotted. If the opinion differs from the head of compliance and the local AML, a written clarification must be done and records made for eventual audits.
- Produce minutes from the monthly call and send to the Group Financial Unit Analyst.
- First week of each month, inform Group Financial Unit Analyst of the Suspicious Activity Reports submitted to the local FIU and the number of transactions and customers reported.
- Double check the agent’s on boarding applications and report any discrepancies.
- Double check at FCA and local Central Bank websites to ensure that the agents in that country have their details recorded correctly in the website.
- Reviewing and updating existing agents and send to AOB the forms to be amended.
- Ensuring all customer data is properly filed and recorded on the operational system (Omnex) giving support to Transactions analysts with regards documents accepted in your local country.
- Oversight of implementation and suggest internal controls in order to optimize the service and the compliance department performance.
- Undertake compliance visits to agents in your country identified through a risk- based approach and consequently produce the respective reports and summary main findings every month. The list of agents to audit will be sent by the LCC Head of Compliance.
- Update the google agent audit with the findings of the visits.
- Analysis of data and information, using available data sources and research tools such as Lexis Nexis, Call Credit, Credit Safe and GB Group platforms to analyse specific agent on boarding or in Enhance due diligence.
- Ensure that the complaints procedures are set up.
- Produce documents and information requested by external audits no later than 48 hours after requesting.
- Help to produce the risk assessment for your local country, updating manuals, forms and other policy and procedures.
- Collaborate in specific Legal and/or Compliance global projects.
- Flexibility to help other Compliance departments in case of "urgency" matters.
Essential Skills & Experience
Previous Experience of submitting Central Bank compliance reports in one or more of the following territories: Belgium, France, Netherlands or Germany is essential in this role. Fluency in Dutch, French and English is essential. The ability to also speak German would be an advantage.
Ideal Skills & Experience
Previous experience in the Money Transfer industry would be a strong advantage. In addition, you will also be able to demonstrate:
- Ideally you will have experience of facing off to regulators
- You will have excellent Microsoft Office excel and word skills.
- Attention to detail and accuracy
- Team working
- Ability to work with a virtual team
- Ability to work under pressure.
- Experience of analysing data to identify exceptional/suspicious behaviour and
- Experience of training employees & third parties in the compliance/legal obligations connected with their roles.
You must have the right to work in Belgium. Work visas cannot be sponsored. undertaking due diligence to investigate that behaviour.
Please send your CV to job.uk@smallworldfs.com untill 18 August 2016.