- Where
- London Corporate Office, London, UK
- Level
- Senior
ABOUT GREYSTAR
Greystar is a leading, fully integrated global real estate platform offering expertise in property management, investment management, development, and construction services in institutional-quality rental housing. Headquartered in Charleston, South Carolina, Greystar manages and operates over $350 billion of real estate in more than 260 markets globally with offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, managing over one million units/beds globally. Across its platforms, Greystar has nearly $79 billion of assets under management, including over $34 billion of development assets and over $36.5 billion of regulatory assets under management. Greystar was founded by Bob Faith in 1993 to become a provider of world-class service in the rental residential real estate business. To learn more, visit www.greystar.com .
JOB DESCRIPTION SUMMARY
As a key member of the European Risk & Compliance function, the Senior Manager Risk & Compliance will work closely with the Senior Director, Risk & Compliance Europe to oversee and strategically develop the Company’s European Compliance program. Among other responsibilities, this role includes advising the business on applicable financial crime legislation and best practices for prevention; designing, updating, and implementing policies, procedures and training; and being a key point of escalation and influence in Europe for financial crime matters, including AML, ABAC, sanctions, and fraud.
The breadth and variety of the role offers an opportunity to make a genuine impact on the European business’ awareness of and approach to financial crime prevention. The role will have extensive opportunities to apply and develop knowledge and skills (including both technical knowledge and project/stakeholder management skills), to influence the European Compliance program, to direct external service providers, and to oversee various compliance processes. The holder of this role will be expected to take a proactive approach to horizon scanning EU and UK financial crime legislation and to understanding the nuances (and variations) of Greystar’s European business.
JOB DESCRIPTION
Key Responsibilities:
Providing internal advice on a range of financial crime matters to a wide variety of stakeholders across different functions and levels, including advising on Company-wide projects/initiatives and in response to escalations/questions from team members. The holder of this role will advise the board (EU Risk Committee) on changes to European financial crime legislation and will recommend changes to internal policy and procedures accordingly.
Responsible for overseeing, developing, and implementing Greystar Europe’s AML policy and KYC procedures. This includes remaining up-to-date with evolving AML legislation and investor requirements; advising the business on internal policies and procedures; directing third-party consultants involved in the KYC process, ensuring the quality of the KYC, their adherence to SLAs, and effective contract/invoice management; and co-operating with annual audits, leveraging findings to further improve the Company’s AML/KYC program.
Acting as the daily point of contact for the external AML consultant who conducts KYC on Greystar Europe’s counterparties, responding to queries and issues promptly and ensuring the KYC process runs smoothly and in line with Greystar Europe’s AML policy and KYC procedures.
Overseeing Greystar Europe’s sanctions program, including advising internal teams on legal obligations; liaising with external counsel as needed; and directing external service providers involved in the sanctions screening process. Managing contract negotiations for new providers/contract renewals will be necessary for this and other areas of the role.
Working closely with the Senior Director, Risk & Compliance Europe and external counsel to respond to incidents and…