Bank of Africa United Kingdom plc, formerly known as BMCE Bank International plc, is a leading international bank specialising in African investment. We connect international institutions and investors with a diverse portfolio of investment opportunities on the continent. Bank of Africa UK structures private sector deals that are below the radar of larger investment banks and beyond the scope of local banks. We offer a full service of investment and wholesale banking facilities with core divisions in Corporate Banking and Financial Markets. We also specialise in providing corporations in Africa with access to international capital markets and financial expertise..
Overview: (Core accountabilities; aims of position; specific responsibilities)
 To support and deputise for the Deputy Head of Compliance (“DHo C”) on Financial Crime Compliance
 Promote confidence in and enforcement of the Firm’s systems and controls with regard to its Compliance and Anti-Financial Crime framework.
 To ensure the Firm’s procedures meet the highest standards expected by BOA UK’s regulators, the legal framework in the jurisdictions in which it operates and industry best practice guidance.
 Manage firm-wide financial crime compliance training and awareness.
Person Specification
 Excellent verbal and written communication skills.
 Organised, methodical, detail-orientated, inquisitive – able to think outside the box.
 Flexible “can do” attitude.
 Always strive for the highest standards and adopt a “best practice” approach.
 Demonstrate leadership/management potential.
 Ability to prioritise and deliver to deadlines.
 Can work independently or collaboratively depending on the task in hand.
Responsibilities: (Day-to-day duties; job process; “typical day”)
 Carry out such tasks, reviews and monitoring as identified in BOA UK’s Compliance
Monitoring Programme (“CMP”)
 In conjunction with the Ho C and DHo C & MLRO, review and update BOA UK’s compliance and financial crime prevention procedures and policies, ensuring they meet current regulatory requirements company policy and are “fit for purpose”.
 Draft Compliance training material for BOA UK staff and provide on-site training to London based staff and regional offices as required.
 Provide management information for inclusion in monthly Board of Directors pack as requested by the Ho C.
 Research and report on future regulatory and legislative changes that may impact the firm.
 Day-to-day oversight of the compliance monitoring plan on Financial Crime Compliance ensuring appropriate reporting of matters under review and cause for concern items are investigated and escalated accordingly.
 Attend to the Front office & RM queries, escalations, KYC reviews, reverse KYC, AML risk assessments and remediation of any open audit points related to Financial Crime/AML. Prepare monthly Compliance Committee Pack and MI across relevant business areas.
 Review and Sign off High risk files and Compliance Escalations together with the Deputy Head of Compliance & MLRO
 Undertake adhoc Compliance related tasks as instructed by Deputy Head of Compliance.
Qualification and Experience needed
 5+ years’ experience of compliance and financial crime gained within a regulated Financial Services organisation.
 Knowledge and understanding of regulatory and legislative rules and guidance as set out by the FCA, PRA, JMLSG and HMT and, where appropriate, those jurisdictions where BOA UK operates from.
 Professional Compliance qualification(s) would be desirable but is not a pre-requisite.
 French language skills either fluent or business would be desirable.
Work authorisation:

• United Kingdom

Work Location: Hybrid remote in London
Job Types: Full-time, Permanent
Benefits:

• Bereavement leave
• Company pension
• Cycle to work scheme
• Enhanced paternity leave
• Life insurance
• Private dental insurance
• Private medical insurance
• Sick pay

Schedule:

• Monday to Friday

Ability to commute/relocate:

• London EC2M 2PL: reliably commute or plan to relocate before starting work (required)

Education:

• Bachelor's (preferred)

Experience:

• Financial crime compliance: 4 years (preferred)

Work authorisation:

• United Kingdom (required)

Work Location: In person
Reference ID: Relationship Manager
Expected start date: 15/01/2025