Business Control Unit Senior Officer

To supervise and be responsible for regulatory and SB Offshore requirements in managing and controlling risk exposure arising within Banking principally from Operational and Anti-Money Laundering Risks in line with procedures and processes that exist to minimise the risk to the bank. To support the management of the Business Control Unit ('BCU') and act as a source of guidance and expertise within the business as appropriate

Responsibilities

Supervise and be responsible for regulatory and SB Offshore requirements in managing and controlling risk exposure arising within Banking principally from Operational and Anti-Money Laundering Risks; Support the management of the Business Control Unit ('BCU') and act as a source of guidance and expertise within the business; Act as a point of contact within the business in respect of account queries such as Source of Funds documentation and releasing of payments over accounts that are subject to internal posting restrictions; Undertake client reviews, (CBB, IPB, and IWI), as per the schedule and inline with the SBO Client take on and maintenance manual; Accurately monitor Risk & Compliance following the banks policies and procedures; Liaise directly with clients / RM's in respect of associated accounts and transactions; Support, manage and maintain relationships with designated stakeholders and teams

Requirements

Secondary/High school/A levels; 3-4 years in Business Control Unit; Applicants must be eligible to work in Isle of Man; Checking Things; Meeting Timescales; Taking Action; Managing Tasks; Following Procedures; Customer Understanding (Business Banking); Fraud Detection and Management; Query Resolution; Risk Awareness; Use of Process Design Tools & Systems

Nice to have

Ideally, a minimum of 3 years financial services experience, preferably in a Risk, AML or Compliance department, with a thorough understanding of Anti-Money Laundering and Operational Risk matters