Description of the Business Line or Department
The key objective of the Compliance team within SGPB Kleinwort Hambros is to assess the conformity of internal codes of conduct, policies or internal procedures with legal obligations and best practices applicable to its business.
Summary of the key purposes of the role
To assist the MLRO/MLCOs and Compliance colleagues within the Channel Islands in the facilitation, creation and continuing operation of a robust compliance and control regime within SG Kleinwort Hambros in the CI which ensures compliance with all relevant laws, regulations and internal policies and procedures.
To assist in the general development of the regulatory regimes, assist in the formulation, co-ordination of responses in regard to all SG Kleinwort Hambros CI Companies
To work together with other Group control functions in ensuring that the SG Kleinwort Hambros Channel Islands Companies are effective in both preventing and reporting attempted Money Laundering and / or Fraud activity, in line with the requirements of the SG Kleinwort Hambros Group policy on the Prevention of Money Laundering and Financing of Terrorism.
To assist the MLRO/MLCOs and work directly with other CI Compliance personnel, and colleagues in other Group offices to develop and maintain a ‘good compliance culture’ throughout the business.
Assist with the review of and provide advice to Management and staff on specific projects as required by the Head of CI Compliance & Financial Crime and the MLRO/MLCOs officers.
Assist in establishing a cohesive risk-based regulatory Compliance Monitoring Programme for the SG Kleinwort Hambros CI Bank, Trust and subsidiaries and reporting on same as required.
Ensure AML CFT Fin Crime monitoring is undertaken in detail as required.
Ensure that regulatory and Group reporting requirements are met as required.
Assist in the development and strengthening of relationships with the client relationship managers, operational managers, and all staff to promote best practice and ensure a good understanding of compliance requirements permeates the Group
Oversee the AML CFT Fin Crime registers within the department across all SG Kleinwort Hambros CI businesses.
Assist the Money Laundering Reporting Officer and the Money Laundering Compliance Officer in the fulfilment of the key responsibilities of this role.
Risk rating and client KYC profiling liaison with Client Relationship Managers, with education and awareness training undertaken as appropriate.
Identify and promote improvements in the compliance and control culture of SG Kleinwort Hambros in the CI.