Financial Crime Compliance

The Compliance team ensures compliance with applicable regulations and standards by setting policies that cover the Group’s regulatory requirements. The successful candidate will join this team and in particular the Anti-Money Laundering (AML) unit which oversees the implementation of financial crime policies, procedures, systems and controls related to financial crime as articulated by local, European and international regulations and applicable industry standards.

Duties and responsibilities

Ensure compliance with laws, rules, regulations and guidelines issued under the Prevention of Money Laundering and Terrorist Financing, Corruption and Sanctions Regulations by:

  • Communicating guidelines in a clear and understandable manner, being able to understand the bank’s standards and passing on this knowledge to relevant staff; analysing feedback and being proactive in ensuring compliance with applicable AML regulations;
  • Maintaining comprehensive and timely reporting on AML risk and implementation of standards, following internal standards and local regulations (internal and external reporting);
  • Preparing, review and implement the necessary systems and documentation to comply with the applicable AML regulatory framework;
  • Participating in relevant risk and compliance committees and working groups when dealing with AML related matters;
  • Interacting and collaborating with other departments on financial crime compliance issues and requests;
  • Drafting and executing the AML portion of compliance monitoring and action plans;
  • Ensuring that the Bank has adequate anti-money laundering policies and procedures in place;
  • Monitoring account openings and transactions and ensure that suspicious activity is investigated where appropriate;
  • Ensuring that requests for information and documentation received from the FIU, law enforcement, judicial and other authorities are dealt with in a timely manner.

Required knowledge, skills, and experience

  • Master’s degree in economics, Law, Finance, or Business Engineering
  • Effective verbal and written communication in French, Dutch, and English languages
  • At least 2-3 years of AML related experience
  • Certification in Compliance, Financial Crime or AML
  • Sound knowledge of the Group’s Financial Crime Compliance Policies
  • Strong attention to detail with the ability to analyse and escalate identified risks to management and exercise sound judgement with integrity and impartiality
  • Proven ability of working on own initiative and as part of a team
  • Strong organisational skills with the ability of managing priorities within tight deadlines
  • Proven ability to learn and adapt to a changing environment