Share this Job

Senior KYC Financial Institutions and Trade finance controls - London

Date: Jan 4, 2019

Location: London, GB

Company: Intesa Sanpaolo Group

Intesa Sanpaolo is the banking group leader in Italy. Assisting more than 11,1 milion of retail customers through a network of 4400 branches, it significantly supports the development of Companies and gives an important sustain to the country's growth. The Group has a selected retail banking presence in Central and Eastern Europe, the Middle East and North Africa, with approximately 1,200 branches and 7.8 million customers in 12 countries. Intesa Sanpaolo is also present in 29 countries in support of its corporate customers’ cross-border business. It is looking for new qualify profiles who want to face demanding and challenging career path with the following requirements:

Scope and Purpose


As a member of the London branch AML team, the role is primarily responsible for performing 2nd line oversight over client onboarding and monitoring activities performed by the 1st line Financial Institutions team. The main activity are: Perform 2nd line Compliance Monitoring activity in accordance with the Branch Financial Crime Compliance Monitoring Plan. Perform KYC onboarding processes to verify completion in accordance with Branch procedures. Evaluate Management Information and assist the MLRO in developing / maintaining the Compliance Monitoring Plan on risk basis. Assist in the production of Management Information and reports detailing results of compliance monitoring activity, providing analysis where appropriate. Present findings to the MLRO and business, prepare salient facts in accordance Branch procedures, explain potentially complex structures, issues and offer solutions where appropriate. Monitor industry and professional developments in respect of financial crime, stay informed, and identifying opportunities to enhance Branch risk mitigation and compliance, sharing developments with the wider team. Applying industry, risk and control expertise to support the team and Branch. Maintaining professional working knowledge and application of legal and regulatory obligations in respect of money laundering / terror financing and sanctions compliance, as it applies to the UK. Maintaining broad knowledge of international standards and guidance from bodies including FATF, Wolfsberg, Egmont, IMF, World Bank and SWIFT. Maintaining a working knowledge of the Trade finance and correspondent banking guidance and practices provided by World Trade Organization (WTO), International Trade Centre and the International Chamber of Commerce and Incoterms. 

Required Experience


Experience of working in an audit function or 2nd line oversight role would be desirable. Previous experience working within branch compliance functions would be advantageous. Strong Microsoft Office capabilities, particularly in Word and Excel. Experience using tools such as Safe Watch, Net Reveal, World Check, Companies House PSC register, Open source research would be advantageous. 

Competencies Required


Excellent graduate level education or equivalent. Qualification in banking, regulation, risk governance, law or financial crime (ICA, ACAMS) would be preferable. Experienced in performing second line oversight or audit of KYC for Financial Institutions using 4th EU Directive compliant requirements. Experienced in the assessment and application of Financial Crime guidance such as KYC for corporates, trade based money laundering, beneficial ownership research and mapping, PEP identification, application of Enhanced Due Diligence measures. Experienced in the application of recommendations made by technical bodies including FATF and Wolfsberg. Able to evaluate complex data sets and large volumes of data, analytical and detail conscious. Excellent report writing skills - objective, well researched, evidenced and fact based. Research and investigation skills - World check, open source research tools and adverse media screening. Evaluation, documentation and formulation of recommendations. Effective communicator, able to explain complex issues and offer solutions. Ability to assimilate information and produce concise and clear written output. 


Everyone is an asset for our Group and that person could be you! Check out our job opportunities, apply and join our team!

Find similar jobs: