Deputy Money Laundering Officer and AML Compliance Officer

ICICI Bank UK PLC offers a range of personal, business, corporate and investment banking services in the UK and Europe.

We currently have an opportunity to join Germany Branch of ICICI Bank UK PLC as a DMLRO and AML Compliance Officer on a Fixed Term Contract.

Job Purpose :

Have a general understanding of the relevant Regulators rules, anti-money laundering legislation, proceedings, monitoring.

Proceeds of Crime Act & Fraud prevention and ensure the Bank conducts its activities in accordance with regulatory requirements.

Area of Responsibility

Responsibilities :

• Have a good understanding of : the relevant German Banking Act, MaRisk, German Anti-Money Laundering Act / Anti- Money Laundering legislation and fraud prevention, compliance monitoring and assist with ensuring the Bank conducts its activities in accordance with regulatory requirements
• Remain up-to-date with regulatory and legislative developments
• Carry out SAR evaluations acting as a central point of contact for all SARs disclosures and for communication with relevant authorities including NCA
• Review and conduct investigation on AML KYC alerts generated from the Bank’s transaction monitoring and name screening systems
• Assist the MD back office and outsourced AML unit in all relevant areas
• Resolution of KYC referrals and provide guidance to the business units
• Assist with Compliance Monitoring Reviews including completion of field work, identification of findings and report writing
• Respond to enquiries from law enforcement agencies and regulators and provide full cooperation with enforcement with law enforcement authorities as necessary
• Assist with the preparation and implementation of polices and processes to help mitigate financial crime risks and maintain compliance
• Assist in the development and delivery of financial crime training
• To undertake projects and assignments from time-to-time as directed by management
• Registration with regulator as Deputy MLRO of the Germany branch

Main Accountabilities and approximate time split

Technical Skills and Competencies

• Good awareness of compliance related laws, rules and regulatory issues and announcement
• Good understanding of Anti-Money laundering rules
• Good analytical and communication skills and problem solving
• Ability to work to tight deadlines
• High level of accuracy and attention to detail
• Able to deal with internal and external queries and referrals in a timely manner
• Able to work independently and as a part of a team
• Good computer literacy and knowledge of Microsoft Word / Excel

Job Requirements / Specification

Qualifications : As required by Job

Work Experience : 3 years as appropriate for job-Financial Crime

Industry : Banking or financial services in Germany

Area of work : AML / Financial crime / Compliance division