CDD High Risk officer

Job Introduction

We have an exciting opportunity to join our established CDD Team as a High Risk Officer on a 6 Month FTC.

• Undertake Assessment on both new to bank and existing CDD/EDD of High Risk Clients
• Evaluate and elevate the development and enhancement of the banks instructions
• Escalate & liaise with MLRO where exceptions to retain or exit are required.
• Present Complex cases to Financial Crime Customer Committee to obtain approval to retain or exit
• Ensure internal CDD/EDD requirements are adhered to and be able to clearly breakdown and communicate the instructions where there are gaps in due diligence;
• Communicate effectively with key stakeholders including CDD/FCP and branch colleagues raising issues from case checking to enable these to be resolved in a timely manner;
• Ensure work flow management tools are completed fully and accurately to enable data to be extracted for MI reporting purposes
• Identify any key risks and AML ‘red flags’ and elevate these accordingly;
• Review PEP & RCA screening matches and queries - making recommendations to onboard / retain / declassify / exit;
• Operate in line with the Bank's Risk Management framework (including sub-frameworks) and relevant risk and compliance policies and procedures, ensuring appropriate and timely escalation of any concerns to their line manager;
• Perform ad-hoc duties delegated by Team Manager.

Please note that this role is based in our Manchester Head Office on a hybrid basis.

• Strong understanding and experience of AML, KYC, Sanctions, EDD and banking products and the UK regulatory environment.
• A demonstrable understanding of corporate structures and the ability to advise on KYC/CDD requirements both for direct clients and related/associated parties, including the ability to carry out risk assessments and recommendations.
• Able to demonstrate a thorough understanding and application of simplified, standard and enhanced due diligence
• Recognise when they are able to make individual decisions and when there is a need to elevate to the Team Manager and / or 2nd Line of Defence
• Be proactive and collaborative to make relevant changes to policies, procedures and working practices and liaise with second line of defence where relevant
• Flexible, adaptable and responds effectively to changing business needs
• Excellent time management skills and able to prioritize workloads to meet agreed deadlines
• A team player with a positive, supportive and engaged approach to change
• Ability to apply themselves to problem solving and analysing situations, delivering practical and compliant financial crime controls/solutions adopting a risk based approach
• Ability to manage customer expectation through effective communication skills

The successful candidate will ideally have relevant specialist FC qualifications: e.g. ICA Diploma in FC/AML, ACAMS.

Handelsbanken is a relationship bank with a decentralised way of working, a strong local presence thanks to a nationwide network of branches, and a long-term approach to customer relations. Each Handelsbanken branch operates as a local business enabling it to make decisions at a local level and provide a bespoke service. The focus is always on the need of the individual customer and not on the sale of specific products.

The Bank is deeply committed to embedding good equality and diversity practice into all of our activities. This is so that we are an inclusive, welcoming and inspiring place to work that encourages everyone to apply, regardless of socio-economic background, age, disability, pregnancy and/or parental status, race (including colour, nationality, and ethnic or national origin), veteran status, marital and civil partnership status, religion or belief, sex, gender reassignment or sexual orientation.

Check our Handelsbanken website for further information.

At Handelsbanken, we deeply value our unique culture and values including trust in and respect for each individual. We take pride in nurturing a work environment where people flourish, and where they are empowered to take decisions in their areas of expertise. We take a long term perspective in everything we do and want each employee who joins us to build a long terms successful career with the Bank.

• We have a wide range of learning and development available, empowering and enabling our colleagues to take ownership of their own development.
• Competitive Salary and an extensive range of benefits is provided, including private medical insurance, income protection and life assurance
• A market-leading pension contribution of 15% paid by the bank, which can be invested in a wide range of funds (including ESG and Shariah funds)

Your journey with us begins once you have submitted your application. One of our Handelsbanken recruiters will be reviewing your details and will later organise a phone conversation if you match the role requirements. If there is a mutual fit, we will extend an invitation for you to…