Financial Crime Executive and Deputy Laundering Reporting Officer

Job Description - Financial Crime Executive and Deputy Money Laundering Reporting Officer (MER
0003Z4D)

Financial Crime Executive and Deputy Money Laundering Reporting Officer Group :
Mercedes-Benz Group AG

Description

AtMercedes-Benz Financial Services, our employees are at the heart of our business. Our colleagues provide a range of financial solutions designed around the changing needs of our diverse customers. It doesn’t matter the colour of your skin, the beliefs you value, the people you love or the tattoos you wear, we support you for being you.

Through the doors of Mercedes-Benz Financial Services, you will find a passionate team working to support our customers and our colleagues. We ensure that everyone has an equal opportunity to learn and develop.

We want to celebrate your individuality, embrace your personality and welcome you into our culture. It’s the differences of our colleagues that enable us to thrive. We believe our backgrounds, skills and cultures contribute to our shared culture and help us deliver outstanding Customer Experience. Inclusion is the driving force behind our ethos.

At MBFS, we are committed to being a Menopause Friendly Employer. We offer wellbeing support options and resources to assist if you are directly affected by the Menopause, or are supporting someone who is going through the Menopause.

In this role, you will act in the capacity of MBFS UK's Deputy Money Laundering Reporting Officer (DMLRO). This is a certified role as part of SM&CR and you will support MBFS UK's MLRO in advising and assisting senior management in complying with MBFS UK's obligations for:

• Anti-Money Laundering
• Counter Terrorist Financing
• Bribery and Corruption

You will provide the day-to-day lead and subject matter expertise on matters relating to financial crime across financial services. The role will be MBFS UK's nominated Deputy Money Laundering Reporting Officer. To the extent necessary or required, you will provide similar services and support to the senior management within Mercedes-Benz Insurance Services UK (MBIS). You will have line management responsibility for MBFS UK's Financial Crime team.

Create and manage a 2 nd Line of Defence financial crime risk control framework that identifies the relevant regulation for the regulated activity undertaken, including but not limited to appropriate policies and procedures.

Instigate and maintain a regular MBFS AML Risk Assessment and oversee the implementation of any necessary remedial activity.

Manage MBFS’ day-to-day 2 nd Line of Defence AML control framework, including investigation of escalated AML suspicious activity reports and liaison with the National Crime Agency.

Manage MBFS’ Sanctions and PEP regimes, ensuring compliance with both UK legislation and internal Mercedes-Benz Mobility (MBM) AG AML policy.

Liaise with key internal stakeholders, including but not limited to MBFS UK fraud prevention and sanction screening function.

Provide the business with a proactive regulatory compliance advisory service on financial crime topics, including horizon scanning to ensure MBFS are well informed

Produce regular financial crime management information for senior management, and MBM departments, to identify, measure, manage and control financial crime risk.

Provide guidance on the requirements for periodic financial crime reporting and ensure information is sent to the regulators in a timely manner.

Manage the agenda and ensure accurate minuting of the Financial Crime Committee, ensuring that key risks and issues are highlighted, discussed and followed up as appropriate.

Deputise as Chair of the FCC in the absence of the MLRO.

Devise, implement and maintain adequate systems, controls and procedures to ensure effective liaison with law enforcement partners e.g. NCA, NaVCIS and police forces, MBFS UK’ regulator and trade association.

Devise, implement and monitor financial crime controls for the identification and oversight of outsourcing arrangements by the business.

Ensure effective…