Aml Compliance Manager

Summary

The Purpose of the Role

Principal Accountabilities

• Ensure regulatory compliance is maintained through leadership and management of a team of 1 AML Compliance Officer and 5 PO AML Analyst grades responsible for, daily receipt, review and first tier investigation of Suspicious Activity Reports and appropriate disclosure to the National Crime Agency (NCA), daily regulatory Travel Money transaction monitoring, investigation, and PEPs & Sanctions screening, JMLIT Section 7 requests, and NCA SAR non-disclosures. Develop and maintain an effective working relationship with the external provider of the Grapevine service, ensuring fraud and suspicious activity reports are properly captured
• Collaborate with multiple stakeholders across the business to ensure AML regulatory obligations for HMRC branch premises registration is maintained and kept up to date, supporting employee Fit & Proper processes and accountable for overseeing premises and agent Fit & Proper data submission to HMRC.
• Develop and maintain effective working relationships with a variety of key stakeholders both internally and externally (including representing Post Office at industry forums with regulators and law enforcement agencies). Lead and build on regular bi-lateral meetings with banks within the BFA to ensure that a proactive approach can be demonstrated to external regulators in respect of money laundering risks relating to cash based deposits.
• Investigate network AML/CTF non-conformance, ensuring that appropriate intervention activity is undertaken and develop intel packages for Law Enforcement referral. Act as a point of contact for active Law Enforcement pursue activity.
• Develop and implement financial crime MI, analytics and intel sharing capability, ensuring that key internal stakeholders and banks within the BFA receive regular MI to enable them to understand the current threats and trends.
• Provide reports to the monthly financial crime governance forum and contribute to the quarterly Audit & Risk Compliance Committee and annual MLRO report, ensuring appropriate reporting of all non-conformance issues and regulatory investigations and issues.
• Research and use insights gained from Section 7 requests, National Economic Crime Centre typology alerts, MI, intel, investigations and SARs to provide input to financial crime risk assessments, communications and mandatory compliance training modules.
• Regularly review all fraud and loss risk incidences, to identify patterns and cost/income/sales/customer experience impacts. From this analysis, design and develop revised approaches and tactical responses.
• Coach, mentor, and develop staff, including overseeing new employee on-boarding and providing career development planning and opportunities.

Qualifications, Experience & Skills

• The job holder will need to pass National Crime Agency CTC vetting
• Strong interpersonal and communication skills dealing with internal and external stakeholders and industry forums
• Experience in building effective relationships with key stakeholders in various financial crime communities in order to inform decision-making
• The ability to assimilate a wide range of information, make practical judgments and take appropriate decision based on data and information
• Proven ability to assess and manage risks
• Excellent and well-developed written communications
• Sound planning and organisational skills
• Recognised financial crime industry qualifications desirable e.g. ICA Diploma
• Experience working in a financial crime area and a money laundering regulated environment, essential
• Experience conducting and overseeing financial crime investigations
• Good knowledge of Microsoft Office tools (particularly Office 365, MS Dynamics, Power BI, Excel, Word and PowerPoint), SharePoint, plus some knowledge of SAP Business Objects and experience of producing MI and intel packages
• Experience dealing with sensitive and confidential work

About Post Office