BOI UK Operational Risk & Financial Crime is responsible for designing, implementing and maintaining an Operational & Financial Crime Risk management framework, policies, standards and processes in line with Bank of Ireland Group across the UK business units to ensure operational risks, including financial crime risks, are identified, measured, mitigated, reported and managed effectively and to an acceptable level. The team operates as a 'second line of defence' within the three lines of defence model, setting common standards, tools and methodologies for management of Operational & Financial Crime risks across the UK and providing quality advice and guidance to the business.

Purpose of the Role

To maintain a robust Anti-Money Laundering function across BOI UK. The role holder will be responsible for providing expert advice to the UK business in accordance with internal and regulatory requirements and acts as Deputy MLRO to oversee enhanced due diligence of high risk customers.

This is offered as a 6 month contract. Flexible working arrangements are available.

Key Accountabilities

• Provide guidance to first line of defence in respect of high risk customer types and other AML queries
• Review and approval of new and existing high risk customers on behalf of MLRO and escalation of cases to MLRO as appropriate
• SME guidance and training on completing enhanced due diligence at on-boarding and ongoing stages
• SME guidance and training on complex structures, Trade Finance deals and bank note trading counterparties
• SME guidance and training on Sanctions compliance i.e. potential dual use goods, sanctioned jurisdictions and sectors
• Act as escalation point for team members providing advice and guidance and overseeing enhanced due diligence on higher risk customers
• Support the Head of AML, CTF & Sanctions and the MLRO in developing and enhancing the UK AML, Sanctions & CTF Risk Frameworks in line with Bank of Ireland Group
• Proactively support and influence stakeholders across the Group and other key decision makers in respect of all AML risk matters.
• Ensuring that personal compliance with the Group, UK Risk and Compliance policies, Regulatory requirements, and local business unit policies and controls is achieved through the day to day activities associated with this role.

Essential Skills & Experience

• Demonstrable risk management experience with particular knowledge and expertise of AML/CTF/Sanctions
• Strong knowledge of the regulatory environment and key AML and anti-terrorism legislation/ standards
• Experience in managing High Risk customers, including PEPs
• Ability to provide intellectual rigor to risk assessment, development of business solutions and decision making.
• Strong business knowledge of risk frameworks, processes, products and systems
• Financial and analytical acumen with the ability to manage an extremely broad and diverse agenda.