Financial Crime Compliance

Main ResponsibilitiesWorking closely with the MLRO/Head of International Financial Crime in all aspects of that role, including but not limited to:• oversight of the AML Surveillance team to ensure that alerts generated from the automated surveillance system are fully investigated• provide advice and guidance on sanctions related matters to all impacted stakeholders including staff, compliance officers and senior management• oversight of international SB entities • developing and implementing AML policies and procedures across SB international group• ensuring adequate arrangements for awareness and training are in place across SB international group• providing appropriate support and guidance for customer due diligence procedures including approval of high risk customers• receiving internal SAR’s, investigating and making external reports as appropriate• management reporting including receiving and reviewing quarterly AML reports from overseas offices and compiling consolidated reports for senior management;• provide advice and guidance on customer due diligence requirements and the approval of high risk clients;• keeping abreast of national and international regulatory environment, identification of developments that may impact the bank’s control framework and reporting appropriately

Money Laundering Reporting Officer, Wells Fargo Bank NA , London Branch and Wells Fargo Securities International Limited Manage, undertake and enhance the Financial Crime surveillance program which includes both automated and manual solutions covering money laundering, fraud, bribery and corruption and terrorist financing.  Develop and review policies and procedures relating to all aspects of Financial Crime activity. Make regular reports and recommendations to the various boards and committees within Wells Fargo.  Oversee the work of the client on-boarding team to ensure that all required customer documentation is collated and evaluated in accordance with UK requirements. Manage internal audit and external regulatory examinations for the financial crime program.  Run PEP management program across the UK legal entities which includes risk assessment classification, escalation of material issues and managing the ongoing monitoring of PEPs Identify and escalate breaches of the AML/CTF procedures, and liaise with relevant internal stakeholders to ensure that appropriate remedial action is taken. Liaise with the relevant financial crime authorities e.g. SOCA, in relation to the submission of suspicious activities reports. Assist the various business teams to identify the key risks associated with conducting activities in emerging jurisdictions. Undertake the development and delivery of tailored training programmes for all new starters and annual financial crime training across the EMEA region. Keep up to date with key regulatory developments, sanctions alerts and industry best practice and assess the impact of such developments on current procedures. Communicate significant issues to senior management as required. Provide pro-active and expert advice on all aspects of AML/CTF and related sanctions legislation. Involved in the project management of various financial crime initiatives

Key roles and responsibilities:• Review transaction and payment reports for unusual patterns of behaviour by comparing that information against the known customer profile from the automated monitoring system;• Developing and producing policy a wide range of areas which have included AML and Financial Crime, Fraud, Politically Exposed Persons (PEPs), Sanctions, Customer Take-On and Customer Acceptance;• Reviewing all PEPs and high-risk clients from an AML perspective;• Developing and producing departmental guidance notes that have included client take on requirements for brokers;• Developing an AML risk assessment of the banking products to begin departmental AML desk reviews;• Undertaking manual risk based AML reviews for all high-risk clients;• Present AML research to senior managers on country and client profiles;• Review and research payments that have subjected to the automated sanctions monitoring process and have to be released in a time critical manner;• Deputising for the MLRO when away from the office and making the required decisions;• Monthly monitoring of internal AML procedures which includes the client take-on process and KYC requirements to ensure in line with internal policies;• Producing and submitting SARs to SOCA when required;• Conduct preliminary investigations on matters considered irregular by liaising with relevant front office staff;• Write and deliver AML training – this includes initial induction, annual and adhoc training requirements.

Key roles and responsibilities:• Served an attachment at the National Terrorist Financial Investigation Unit, Metropolitan Police as a Financial Investigator into terrorist investigations;• Taking the lead on my own caseload of terrorist investigations • Undertake enquiries through financial institutions and other companies in regard to sensitive enquiries;• Dealing with enquiries on Consent issues whilst at SOCA/NCIS.• Produce financial profiles on specific nominals within investigations;• Previously key point of contact at SOCA for all issues on PEPs (Politically Exposed Persons);• Deal with Suspicious Activity Reports (SARs) which have been disclosed to SOCA and I have evaluated them to be potentially terrorist related;• Maintain, create and update records on computerised databases as necessary, reviewing and 'weeding' all information held, in order to ensure the accuracy and validity of financial intelligence;• Liaise with the intelligence agencies to produce a full intelligence pack for investigation;• Giving presentations on the role of the Terrorist Finance Team, identifying terrorist activity within the financial sector and vulnerable financial products to internal and external customers;• Manage individual cases, prepare case log reports and discuss developments with other agencies;• Research and develop intelligence received via the SARs (Suspicious Activity Reports) process to enable Special Branch officers to undertake financial investigations;• A thorough and working knowledge of key legislatation which includes the Proceeds of Crime Act 2002, Data Protection Act 1998, The Regulation of Investigatory Powers Act 2000 and the Terrorism Act 2000;• Worked with operational police teams in tactical intelligence gathering;