Assistant Vice President, Financial Crime Specialist
Offer summary
Qualifications:
Bachelor’s Degree or equivalent in a relevant field., Experience in financial crime compliance within banking or financial services., Strong attention to detail and organizational skills., Good communication skills, both written and oral..Key responsibilities:
- Perform KYC, AML, and sanctions investigations and monitoring.
- Support the enhancement of CLS’s AML and sanctions frameworks.
- Conduct documentation quality assurance and review.
- Manage compliance tasks including due diligence, research, and reporting.
Job description
About CLS:
CLS is the trusted party at the centre of the global FX ecosystem. Utilized by thousands of counterparties, CLS makes FX safer, smoother and more cost effective. Trillions of dollars’ worth of currency flows through our systems each day.
Created by the market for the market, our unrivalled global settlement infrastructure reduces systemic risk and provides standardization for participants in many of the world’s most actively traded currencies. We deliver huge efficiencies and savings for our clients: in fact, our approach to multilateral netting shrinks funding requirements by over 96% on average, so clients can put their capital and resources to better use.
CLS products are designed to enable clients to manage risk most effectively across the full FX lifecycle – whether through more efficient processing tools or market intelligence derived from the largest single source of FX executed data available to the market.
Our ambition to make a positive difference starts with our people. Our values – Protect, Improve, Grow – underpin everything that we do at CLS and define and shape a supportive and inclusive working environment in which everyone is encouraged to be open and forward-thinking.
- Functional title – Financial Crime Specialist
- Department - Onboarding, Due Diligence and FCC
- Corporate level - Assistant Vice President
- Report to – Vice President, FCC
- Location – London
What you will be doing:
- Perform and assist with KYC/On-boarding and AML & Sanctions related investigations and monitoring
- Know Your Customer for fund and other third-party customers to CLS: sight check names and addresses, Conduct entity, PEP and principal screening - alert dispositioning. Build comprehensive customer due diligence profile - collect anticipated activity - by product type and volumes
- Act in maker / checker (input/approver) processes for all CLS Products and populate Customer Onboarding Tool with all documentation
- Support the enhancement of the CLS’s AML & Sanctions frameworks
- Conduct documentation Quality Assurance and Review for all documentation
- Run data and spreadsheet reports as requested based on specific criteria. Expected to create increasingly complex reports over time (e.g. individual customer profile, year-on-year growth of customers by region, for each currency, and grouped by counterparty type, etc)
- Support the day-to-day execution of an AML & Sanctions compliance program by managing and conducting a selection of Compliance tasks including:
- Conduct KYC due diligence, enhanced due diligence, data mining and research
- Complete the accompanying administration associated with due diligence, such as drafting reports and accompanying notes
- Complete special projects, including drafting of internal procedures
What we’re looking for:
- Financial Crime Compliance experience required
- Any exposure to payments, correspondent banking, FX, equity or derivatives business is helpful
- Familiarity with Business Intelligence/Data Analytics Software (e.g. Microstrategy) is helpful
- Ability to participate in a project and identify area of improvement
- Ability to provide flexible support during busy times of the year
- Self-starter with ability to work independently
- Can evidence strong planning, organization and time management skills with the ability to effectively deal with multiple work strands simultaneously
- High level of attention to detail
- High level of communication skills (written and oral including presentation skills)
- The ability to interact comfortably with, and relationship manage, senior stakeholders
Professional qualifications / certifications
- Bachelor’s Degree, or equivalent
- Sufficient work experience in Banking and/or Financial Services / consultancy firms
- Demonstrable financial crime compliance subject matter expertise required
Our commitment to employees:
At CLS, we celebrate diversity and consider this to be one of our strongest assets. We are committed to fostering an environment in which everyone feels comfortable to be who they are, and inclusion is valued. All employees have access to our inclusive benefits, including:
- Holiday - UK/Asia: 25 holiday days and 3 ‘life days’ (in addition to bank holidays). US: 23 holiday days.
- 2 paid volunteer days so that you can actively support causes within your community that are important to you.
- Generous parental leave policies to ensure you can enjoy valuable time with your family.
- Parental transition coaching programmes and support services.
- Wellbeing and mental health support resources to ensure you are looking after yourself, and able to support others.
- Affinity Groups (including our Women’s Forum, Black Employee Network and Pride Network) in support of our organisational commitment to embrace and always be learning more about DE&I.
- Hybrid working to promote a healthy work/life balance, enabling employees to work collaboratively in the office when needed and work from home when they don’t.
- Active support of flexible working for all employees where possible.
- Monthly ‘Heads Down Days’ with no meetings across the whole company.
- Generous non-contributory pension provision for UK/Asia employees, and 401K match from CLS for US employees.
- Private medical insurance and dental coverage.
- Social events that give you opportunities to meet new people and broaden your network across the organisation.
- Annual flu vaccinations.
- Discounts and savings and cashback across a wide range of categories including health and retail for UK employees.
- Discounted Gym membership – Complete Body Gym Discount/Sweat equity program for US employees.
- All employees have access to Discover – our comprehensive learning platform with 1000+ courses from LinkedIn Learning.
- Access to frequent development sessions on a number of topics to help you be successful and develop your career at CLS.
Required profile
Experience
Other Skills
- Communication
- Time Management
- Detail Oriented
Vice President - Investment Banking Related jobs
CLS Group
- From: United Kingdom (Full Remote)
- Full time
Housecall Pro
- From: United States (Full Remote)
- Full time
Blue Ashva Capital
- Full time
Stout
- Full time
SetSales