Financial Crime Compliance Advisor
About InsingerGillisen a Quintet Private Bank
Quintet Private Bank is a leading private bank in the wealth management sector; we are committed to our clients and their families, and pride ourselves on our personalised service based on a deep understanding of what clients want to achieve. Compared to others, we are small (<2,000 employees across 50 European and UK locations) with an ambition to stay true to our purpose to be the most trusted fiduciary of family wealth.
InsingerGilissen as part of Quintet Private Bank is a leading private bank and depository bank in the Netherlands that is more than a bank to its clients, but a partner. We see it as our mission to effectively and independently guide our clients and the generations after them through important decisions at every stage of their lives. With personal service with a focus on what really matters.
Key Accountabilities
As a Dutch speaking Compliance Officer in Amsterdam, (where you master both Dutch and English fluent verbally and in writing) you will become part of the Compliance FCC Team and play a crucial role in ensuring the company's adherence to anti-money laundering regulations and policies. As an AML Compliance Officer, you will be responsible for giving advise on identifying and mitigating potential risks associated with money laundering, terrorist financing, and other financial crimes. Communication skills in Dutch and English is therefor a must. The Compliance function operates within the second line of defense.
Purpose of the job
The main purpose of the role is to work closely with the Head of Compliance Operations in support of the Group Head of Compliance Business Management in defining and embedding the strategic objectives and quality improvements across the compliance function.
The role will be mainly focused on providing qualified expert guidance on one of the key cornerstones of one of the key aspects in the management of the compliance function across all locations:
- Advice commerce on compliance matters, specific to AML and Sanctions
- Report suspicious transactions, internal and external (FIU & DNB)
- Contribute to improvements of AML and Sanctions processes
- Contribute to improvements in monitoring and screening systems
- Execute other relevant tasks from compliance annual plan
- Assist team with other tasks related to KYC/CDD, Wft, MiFID II, FATCA/CRS
- Assist the Head of Compliance with various compliance tasks, such as audit requests, regulatory and managerial reporting
- Report on a monthly basis to the Head of Compliance
- Follow-up with regulatory, legislative developments
- Working in close collaboration with other Compliance Officers across the Group
- Keep compliance knowledge up-to-date.
Knowledge, Experience, Attributes and Qualities
- Degree or master’s degree (or equivalent to) in business, public administration or law.
- Certification in the area of compliance, AML, KYC/CDD or Sanctions is an advantage.
- The candidate is expected to demonstrate significant ability to liaise with multiple locations and stakeholders.
- The candidate is expected to travel occasionally to other locations within Quintet.
Technical Requirements
- Familiar with Wwft, Sanctions laws
- Minimum 5 year of experience within compliance, AML, sanctions or transaction monitoring role
- Strong knowledge of Complex Client Files ((e.g. Trusts, Foundations, multiple layers) and Tax Integrity
- Experience with transaction monitoring, watch-list and sanction screening
- Excellent English written and strong verbal communication skills
- Solid negotiation and problem solving skills
- Pragmatic way of working
- Effective communications skills: active listener, delicate yet impactful verbally
- Ability to establish and maintain harmonious working relationships and work effectively.
Languages Skills
Fluent in Dutch and English, good command of French is an advantage. An additional language linked to our banks present locations is a plus.
