AML & Financial Crime Assistant Vice President

Sumitomo
London
Full timeGBP 44,000 - 66,000 annuallyFunction: Executive & General ManagementSkills: ["Communication","Collaboration","Judgement and decision making","Risk management","Driving results"]

Own AML and financial crime risk controls for client onboarding and periodic reviews, acting within the first line of defence. Ensure KYC records in relevant systems are accurate and complete, including customer classifications and regulatory notices. Investigate ownership structures, PEPs, and negative news, assess sanctions exposure, and escalate issues to the second line for guidance. Produce MI for supervisors and support remediation, training, and process improvements.

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Sumitomo
Sumitomo
4 days ago

AML & Financial Crime Assistant Vice President

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Source: Company careers pageValidated by: Fursa AI
Last checked: 2 hours agoStatus: Live
Reposted: similar role first listed 7 months ago

Job Summary

Own AML and financial crime risk controls for client onboarding and periodic reviews, acting within the first line of defence. Ensure KYC records in relevant systems are accurate and complete, including customer classifications and regulatory notices. Investigate ownership structures, PEPs, and negative news, assess sanctions exposure, and escalate issues to the second line for guidance. Produce MI for supervisors and support remediation, training, and process improvements.
Location: London
Employment Type: Full time
Job Function: Executive & General Management
Seniority: Sr. Director level

Key Responsibilities

  • •Act within the first line of defence to identify AML and sanctions risks for new client onboarding and conduct periodic due diligence using a risk-based approach.
  • •Ensure KYC system data is consistent and correctly completed, including customer classifications and that regulatory notices are stored and acknowledged.
  • •Investigate and document client ownership structures and ultimate beneficial ownership; assess PEPs and negative news with rationale for approval by the MLRO.
  • •Escalate and formally report client or client activity that may expose the bank to sanctions or financial crime risks to the second line for advice and guidance.
  • •Analyse FO submissions for onboarding and periodic reviews, ensure adherence to AML/CTF standards and internal policies, and contribute to remediation and process improvements.

Pay and Benefits

Salary: GBP 44,000 - 66,000 annually
Perks:Health InsuranceLife InsurancePaid LeaveHybrid Work

Key Requirements

  • •Good understanding of the regulatory framework for AML, sanctions, and financial crime and staying current with changes.
  • •Previous experience working in a CDD team in a financial institution is beneficial.
  • •Externally recognised AML and Customer Due Diligence qualifications (e.g., ICA Certificates, ACAMS) are desirable.
  • •Excellent written and verbal communication, including explaining complex issues and regulatory requirements to all levels.
  • •Ability to collaborate and work in a team to support overall team objectives.
Experience:Financial services
Skills:CommunicationCollaborationJudgement and decision makingRisk managementDriving results
Certifications:ICA CertificatesACAMS
Tech Stack:KYCCDDAMLCTFMifidFATCACRSMI

Company Brief

Sumitomo
Sumitomo Corporation is a global diversified trading and investment conglomerate engaged in metal products, transportation, infrastructure, media, real estate, and other business domains through investments, trading, and integrated solutions worldwide.
Industry: Conglomerates & Holding Companies
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Tokyo, Japan
Founded: 1919
WebsiteLinkedIn