Senior BCU Administrator

Our client is seeking a skilled Senior BCU Administrator to join their team in the Isle of Man. This role focuses on supervising and ensuring adherence to regulatory and offshore requirements while managing and controlling risk exposure within Banking, primarily concerning Operational and Anti-Money Laundering risks. The selected candidate will be instrumental in supporting the management of the Business Control Unit (BCU) and serve as a trusted source of guidance and expertise within the organisation. Responsibilities will include accurately monitoring risk and compliance in accordance with the bank's policies and procedures, as well as assisting in the administration of both Operational and Anti-Money Laundering risks to safeguard the bank against unacceptable risk levels. The Senior BCU Administrator will conduct ongoing monitoring of client transactions and sources of funds, review daily alerts, and act as a point of contact for account queries. This full-time position does not offer relocation or sponsorship, and only Isle of Man residents are eligible to apply.

Job Duties:

• Accurately monitor risk and compliance following the bank's policies and procedures.
• Assist with the administration of Operational and Anti-Money Laundering risks to ensure the bank's exposure to risk remains acceptable.
• Report any significant issues to management.
• Conduct ongoing monitoring of client transactions and sources of funds.
• Review daily alerts from various information sources.
• Perform retrospective monitoring of static data changes, particularly focusing on address changes that might elevate client risk levels.
• Serve as a point of contact for account queries, including Source of Funds documentation and approvals for payments subject to internal restrictions.

Job Requirements:

• Minimum of secondary/high school qualification (A levels/Matric).
• 3 to 4 years' experience in offshore, with at least 3 years in financial services, ideally in Risk, Anti-Money Laundering, or Compliance departments.
• Thorough understanding of Anti-Money Laundering and Operational Risk matters.

What You’ll Love:
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This role provides the opportunity to work in a dynamic environment focused on innovation within the financial services sector. You will collaborate with a diverse range of skilled professionals, contributing to meaningful projects that enhance growth in the region. The organisation prioritises professional development and offers ample opportunities for training and career progression, fostering a supportive and engaging workplace culture.

Interested? Register today, confidentially, with one of our friendly and dedicated recruitment specialists by clicking here