David Brain Email and Phone Number

Partner responsible for 3 Practices (Financial Crime, Conduct & Controls, and Risk & Transformation). Annual revenue of £5.5m.

Provided assurance oversight and technical expertise to teams assuring against known issues and those performing ‘business as usual’ reviews. Managed multiple assurance projects simultaneously.Liaised with senior stakeholders, delivering sometimes challenging messages.

Identified and assessed specific financial crime risks and formulated a range of tailored solutions for individual clients. This often lead to the implemention of these solutions in conjunction with a client’s needs and requirements including benchmarking against a peer group. Clients included:FSA - AML & ABC systems and controlsGlobal Brokerage Firm - ABC framework design and implementation, including risk assessmentInternational Bank - AML & Sanctions assurance reviewGlobal Hedge Fund - AML governance structure, and associated responsiblitiesUK Spread Betting Firm - UK AML reliance provisions

MLRO for 2 UK regulated entities and 16 Irish UCITS funds. Responsibilities included:Implementing an appropriate financial crime prevention structure including risk assessments, a CDD/KYC programme, transaction monitoring, sanctions compliance, policies and procedures, training.Providing financial crime solutions tailored to suit the business units and assessing the impact of new legislation on the company and implementing proportionate solutions.Briefing senior management on financial crime risks, changes in statute/regulation and providing quarterly financial crime MI to ensure senior management could make informed decisions.Performing due diligence on distribution partners/prospective distribution partners and advising relationship managers on AML/CFT scenarios regarding high risk clients.

Practically applying primary and secondary legislation within the AML environment utilising expert knowledge of the Proceeds of Crime Act 2002, Serious Organised Crime and Police Act 2005, Terrorism Act 2000, 2003/2007 Money Laundering RegulationsAnalysed numerous SARs, extracting key information that assisted law enforcement and composing written responses to complex consent requests.Used strong communication skills to develop mutually beneficial relationships with all areas of law enforcement – Police, HMRC, DWP, SFO, as well as other agencies such as the FSA and the OFT.