AML Supervisor

Savills

  • England
  • Permanent
  • Full-time
  • 30 days ago
Role OverviewPlease download the full spec :Location: This role is available in London, Manchester or PeterboroughAs an AML Compliance Supervisor you will be working within the Savills UK Anti-Money Laundering (AML) compliance team covering all client types in accordance with the Money Laundering Regulations and other financial crime related regulations for Savills UK clients and counterparties. The role involves day to day management of a 'pod' of AML Analyst.This demanding role within a high volume environment working alongside existing AML Compliance Supervisors to process client due diligence checks. This will involve reviewing and approving CDD/ EDD/ Adverse/ Sanctions checks carried out by the AML team.Previous experience manging a team is essential for this role as you will be responsible for direct line management of around 6 team members who range in experience and sit within a wider teamKey Responsibilities
  • Provide advice and guidance to the AML team on complex and/or high risk (PEP / EDD / Adverse / Sanctions) AML cases in accordance with the Regulations.
  • Review and approve higher risk (PEP / EDD / Adverse / Sanctions) cases carried out by the AML team in accordance with the regulations.
  • Act as escalation point for the AML team to liaise with internal stakeholders (Fee Earners / Admin Reps) and clients / solicitors to resolve issues.
  • Oversight of a small team ('pod') to ensure CDD checks are conducted within the time frames in accordance with Savills UK procedures and compliance management.
  • Obtain and review information for corporates and private individuals from relevant sources (e.g. Companies House) and determine further information requirements.
  • Provide AML training to the wider Savills business and the AML Team
  • Act as a point of contact for Savills business divisions, including routine meetings with business heads, proactive management of business escalations, dealing with business queries, fostering a good relationship with the divisions, providing advice, guidance and training to the business, providing bespoke case management solutions, etc
  • Provide line management to members of the AML team, including regular catch ups and feedback, support through probation, appraisals and ongoing development.
  • Complete tasks for and provide support to AML Compliance managers / Head of Compliance / MLRO and liaise with them through to resolution.
  • Balance internal procedures and business needs to assess and approve AML processing team risk based approach requests in accordance with the Regulations.
  • Produce in depth written analysis and create detailed reports concerning AML and CDD.
  • Maintain working knowledge of the current Money Laundering Regulations and their application within the team.
  • Proactively implement changes in AML procedures in line with changes to Regulations
  • Proactively identify potential enhancements in AML team processes and procedures.
  • Take an active role in the recruitment process for the AML team including conducting interviews and participating in recruitment assessment days.
  • Undertake general day to day management of the AML Compliance team and promptly escalate any relevant matters to Compliance Management / Head of Compliance.
Key Skills
  • At least 5 years' experience in AML/CDD/KYC
  • Previous experience of managing a small team
  • 2 years' experience of QA / sign-off to include high risk cases
  • End to end AML experience
  • Strong knowledge of regulations
  • Strong entity type experience
  • Proven experience working across multiple international jurisdictions
  • Knowledge of the Money Laundering Regulations 2017, The Proceeds of Crime Act 2002, Terrorism Act 2000, and Joint Money Laundering Steering Group Guidance.
  • A working knowledge of HMRC's AML guidance is desirable.
  • Proficient in Microsoft Word, Excel and Outlook
Team OverviewSavills culture is one of trust and respect, teamwork and collaboration. Our teams and our clients benefit when we work together, listening to and learning from each other. Above all, we value the motivation of our people.
This is evidenced by our wellbeing offer, our capability to facilitate flexible working and our support to enjoy a healthy work life balance.The Compliance team covers all regulatory aspects across Savills UK. It involves ensuring that our business is compliant by providing policy, advice and training on areas of regulation such as Client acceptance and anti-money laundering, Estate Agent Act, Code of Conduct, Fraud and Bribery policy, as well as the completion of client due diligence checks. We are a dynamic team that is passionate about our responsibility, always seeking out best practices and improving ways to protect Savills and our clients from regulatory risk.Full Time (7.5 hours - initially 09:00 to 17:30, ability to move to 08:30 to 17:00 or
09:30 to 18:00 after probation)Type of Assessment for this Role
  • Video assessment
  • 2 stage interview process
  • OPQ Assessment
  • AML Case Study
Find out more aboutRecruitment agenciesSavills only pay agency fees where we have a signed agreement in place and that agency has been previously contacted and directed by a member of our recruitment team. We do not pay agency fees when speculative and unsolicited CVs are submitted to Savills or any of our employees other than via our careers website and through our recruitment process. If this is not adhered to, agency fees will not be paid.Submission of any unsolicited CVs or proposals to Savills will be deemed evidence of full and unlimited acceptance of this approach.

Savills