Senior Financial Crime Compliance Specialist

Financial Crime Compliance (FCC) is a key pillar of Compliance, which is a crucial function to protect ING’s integrity and to make sure ING is a safe and compliant bank.

The WB EMEA/ENC FCC team plays a strategic and high-level role in ensuring consistent and effective financial crime compliance across WB EMEA/ENC countries (further, “the region”). By providing functional oversight, advisory, and coordination, the team helps enhance the efficiency of local compliance processes and ensures that countries remain safe and compliant with internal and regulatory requirements.

The team coordinates and supports the implementation of the compliance (FCC) framework across the region, advises local Compliance in the ENC countries on FCC related topics and aggregates and analyses information at a geography level to identify trends, risks, and areas for improvement

Support the region’s FCC Lead in functional oversight on Local Head of FCC’s roles & responsibilities in the region. Support to oversee global enhancement initiatives on FCC controls like KYC/CDD, Transaction Monitoring, etc. across the region to ensure timely and effective implementation Act as escalation and advisory point for branches and subsidiaries under oversight.

Key responsibilities:

•    Support the Region’s FCC Lead and team.
•    Act as back up for Austria MLRO when not present or not available, requiring demonstrated fluency in written and oral German and English.
•    Provide support to the region on local FCC activities, including MLRO advices, contributing to risk assessment, supporting issue remediation / closure etc.
•    Maintain knowledge of ING requirements and international standards related to FEC Policy 2.0 framework,
•    Actively maintain knowledge of the industry practices & trends and ever-changing FCC regulations, procedures and emerging issues and threats,
•    Ensure adequate link between Risk Appetite Statement (RAS) Risk Assessment for Compliance (RAC), KYC and Transaction Monitoring to help ensure a robust bank wide end-to-end FCC framework.
•    Communicate ING's risk appetite and zero tolerance for violation of sanctions laws and regulations.
•    Support the first line of defense (1LoD), through Local Leads of FCC in the region with the adequate identification of all FCC related risks in their domain and challenge the 1LoD
•    Act as FCC subject matter expert.
•    Bridge the communication between Group FCC, Regional/Local Financial Crime Prevention (FCP) Leads/Process Owners, Business & IBSS on matters relating to KYC/CDD/Sanctions requirements.
•    Ensure collation and security of necessary information and evidence to enable effective assessment of any potential incidents and work in collaboration with the KYC Special Investigations team (SIU) as required.
•    Ensure effective monitoring of financial crime risk through issue tacking and effective collaboration with the Compliance Quality Assurance teams.