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AML and Sanctions Advisory Manager


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We know that sometimes people can be put off applying for a job if they think they can't tick every box, but if you are excited about this opportunity and think you can do most of what we are looking for, then go ahead and apply. You could be exactly what we need!

Ways of Working

At Bank of Ireland we are changing.  We are committed to enabling our colleagues to thrive and offer agile ways of working to maximise choice and flexibility in how we work and live. Varying degrees of optionality apply depending on the role.  For more detailed information on this role, please contact us, or let us know your preferred working arrangements when you apply.

Inclusion & Diversity

At the heart of our purpose is our commitment to Inclusion & Diversity: To foster an inclusive working environment where all colleagues are enabled to reach their full potential. We are working to develop a more inclusive and diverse environment, supported by the development of our Employee Support Networks.

AML and Sanctions Advisory Manager

UK, United Kingdom | Temporary - Fixed Term | Full time

AML and Sanctions Advisory Manager

  • UK, United Kingdom
  • Full time

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.

Key Competencies

  • Customer Focused - Self
  • One Group, one team - Self
  • Agile - Self
  • Accountable - Self
  • Manage Risk - Self

Where Agency assistance is required Bank of Ireland Recruitment Team will engage directly with suppliers. Unsolicited CVs / profiles supplied to Bank of Ireland by Recruitment Agencies will not be accepted for this role.

Bank of Ireland Group is an equal opportunities employer and is committed to fostering an inclusive workplace which values and benefits from the diversity of our workforce.

Closing date: Mar 04, 2021

Apply now

Our application form takes just minutes to complete. If you have any questions about our application, you can contact our recruitment team directly.


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