Trade Finance esculations - AVP

  • Competitive
  • London, England, United Kingdom London England GB
  • Permanent, Full time
  • B&FS Audit
  • 26 Jun 18 2018-06-26

A large global bank is bolstering its financial crime team, and has several headcount in the esculations / EDD team.

A financial crime trade finance specialist is sought for a new role in the London branch for a global bank.

As the financial crime trade finance escalations specialist:

  • Review escalation requests and prioritise Trade escalations based on risk, complexity and urgency
  • Liaise with key stakeholders within the business to understand immediate challenges and build on existing relationships
  • Provide support to the TF Escalations Manager’s review of transactions and provision of advice and guidance to support the collation of information required to address the request:
  • Collating internal documentation and reviewing TF Policy, Standards and procedures
  • Analysing regulatory reports, analysing and consolidating the latest regulatory guidance/expectations
  • Tracking and monitor responses to escalations.
  • Work with the Manager to continually review and improve current process and procedures  
  • Manage the provision of summary MI on the status of the escalation team’s activities and identified risks/issues to the Corporate Bank FC MI and KPI analyst for monthly and/or ad-hoc reporting, including trend analyses
  • Promptly and accurately produce regular MI reports on events for senior management to feed into key governance meetings where appropriate
  • Raise internal reports where a potential sanctions link, PEP match, suspicious activity etc. has been identified following the agreed internal escalation and review procedure

The ideal candidate sought for this role will have:

  • Excellent knowledge of Trade Finance (Trade Based Money Laundering)  
  • Knowledge & experience of Trade Finance products including Letters of Credit, Guarantees, Collections Trade Loans
  • Experience of working in the Financial Services industry with knowledge of Corporate banking products and services.
  • Takes a structured risk based approach to the investigation and review of Trade related FC escalations.
  • Good analytical and financial interpretation skills with the ability to convert and consolidate complex data into simple messages and reports

To learn more about this role please get in touch with Jess on jessica.hodson@investigo.co.uk / 020 3862 2750