Natixis UK is looking for a(n) Financial Crime Officer (6 months' FTC)
Welcome to Natixis
At Natixis, we create tailor-made solutions in asset & wealth management, corporate and investment banking, insurance, and payments, with over 16,000 staff members in 38 countries.
As an equal opportunity employer, Natixis is keen on promoting all talents and empowering our employees to evolve, grow, and take ownership of their careers. We strongly believe that our people are our greatest assets.
To keep moving forward collectively, to better serve our clients, and to provide them with best in class solutions for their growth.
We strongly encourage every employee to foster change and we seek to give the opportunities to make a true impact.
What we can offer:
At Natixis, you have a great opportunity to join an entrepreneurial, agile and growing organisation, and to be part of an inspiring team.
Overall Purpose of the role
• To consistently review and develop the systems and controls engaged by the London Branch for the prevention of financial crime.
• To assist the MLRO in the London Branch with regards to their responsibility to protect the London Branch from being used for any form of financial crime.
Main responsibilities and duties of the role
• To assist with the onboarding and review of the due diligence performed on high risk London clients, including performing Enhanced Due Diligence on the London Branch's high risk client population.
• To liaise with Front Office staff in London with regards to the high risk clients that they manage.
• Work closely with the client onboarding team in case of any issues with new or existing clients. Also necessitates close collaboration with the Financial Security Team in Head Office on reputational issues that could impact Natixis.
• Provide AML and ABC advisory to London branch staff to ensure compliance with the Group and UK standards. When requested assist overseas locations with the handling of issues and provide advice/opinion on cases to Head Office as appropriate.
• Investigate and provide advice on the handling of sanctions and AML/CTF positive alerts as they arise in conjunction with Head Office.
• To review the London Branch's financial crime policies and procedures to ensure that they continue to meet UK and French regulatory requirements.
• To perform regular quality checks of work performed on behalf of the Financial Crime Prevention Team in London by other teams in London, Head Office and other branches.
• To produce regular Management Information to be presented to senior management in London and Head Office, including the Financial Crime Oversight Committee in London.
• To raise and escalate financial crime risks identified, suggesting solutions to mitigate these risks.
• To produce regulatory news alerts for the London Branch when there is a change in regulation or industry best practice.
• To assist with requests from external parties, including external consultants and the UK Financial Conduct Authority.
• To provide and review ongoing financial crime awareness training for London Branch employees.
• To assist with the completion the financial crime risk assessments for the London Branch.
• To assist with any financial crime remediation projects.
• Any other ad hoc tasks that are required.
• The ability to liaise with all areas of the Bank, from Sales to control functions, in order to drive forward changes and improvements.
• Good knowledge of UK financial crime regulatory requirements, including the Money Laundering Regulations 2017, the FCA's Financial Crime Guide and JMLSG guidance.
• Experience working in a financial crime team performing reviews of KYC files, drafting policies and procedures and providing advice to the business on financial crime matters.
• Experience working in financial services, in particular wholesale banking with a solid understanding of the business lines operating in London and a willingness to understand new business lines as appropriate.
• The ability to work in a team and produce high quality deliverables.
• The ability to work under pressure and prioritise tasks.