Responsibilities
are, but not limited to:
- Ensure adherence to regulatory requirements in Romania and other markets
- Assist with reporting obligations and ensure compliance with statutory deadlines (including but not limited to AML Reports, Payments Reports, etc.)
- Liaise with Bank of Romania, ASF, and other regulatory bodies, ensuring effective and smooth communication
- Develop and maintain relevant parts of the compliance framework (AML/CFT and Regulatory Policies)
- Liaise closely with the Group Compliance (London) to ensure that compliance policies and procedures are consistent with company policy
- Help improving the operational compliance processes based on the local policies (liaise with the MLROs and local ops teams)
- Provide ongoing training about the products and ensure the sales team is continuously monitored for the regulated activities
- Keep abreast of circulars/recommendations from the Regulator and continuously ensure that the Entity’s policies and procedures adhere to these
- Audit the first line of defense procedures and processes
- Assist with external AML audits
- Attend regulatory forums and industry meetings to keep up to date with industry standards
- Provide advice on High Risk clients/escalations
- Assist with ad-hoc queries from the business teams
- Desirable to have experience dealing with the FCA and the NBB
