MIFID CONTROLLER - Management & Control

Job requirements
· Experience in commercial banking activity – clients services or operations or documentation or legal administration some similar area that would provide the background to effectively perform this role
· Computer literate
· English fluency
· Project Management skills

Personal skills


· Analytical mind,
· Accurate,
· Attention to details,
· Able to meet tight deadlines,
· Good communication skills,
· Team worker.

Professional qualifications

· University degree or similar course of study or experience

Key responsibilities


· Manage and co-ordinate the MIFID process for current and new clients. Actions for new clients include, preparation and sending of classification letter with Treasury & Investment Profile, booklet containing terms of business, execution and conflict of interest policy.
· In the initial period of this role work towards communicating with all stakeholders to ensure that MIFID processes and procedures are properly set-up and co-ordinated across the various areas of the banks, treasury sales, relationship managers, consumer(preferred banking), compliance, client services, legal and credit documentation
· Co-ordinate the return of client classification acceptance in addition to acknowledgement of terms of business and execution policy. Manage follow-up processes through RM’s and treasury sales and monitor adequacy of consumer processes. All clients must return acceptance of classification and acknowledgements relating to terms of business, conflict management and execution policy.
· Ensure that clients are set-up in the MIFID Suitability Test module, that returned Treasury Profiles & Investment profiles (where relevant) are scanned to the application and that the application is properly maintained from a client perspective on an ongoing basis.
· Manage and co-ordinate all RM questions or queries regarding client questions regarding our obligations under MIFID and the actions that clients must take before they may transact “in scope” MIFID products with us.
· Proactive monitoring of outstanding MIFID actions – missing Treasury Profiles, Investment Profiles, client acknowledgements and or letters. Follow-up should be co-ordinated through relationship managers
· Ensure that NCTO processes operate correctly to ensure that all MIFID documentation is obtained and recorded as part of client opening procedures where MIFID is applicable. Ensure that future changes to EBB processes incorporate MIFID requirements
· Co-ordinate with RM’s, Treasury sales and compliance all MIFID classification client “opt-up” requests from “retail” to “professional” and or from “professional” to “eligible”.
· Co-ordinate any further information advices or procedural changes that may arise as a result of MIFID. Maintain written procedures relating to MIFID processes
· Respond to all incoming MIFID classification letters from banks & financial institutions
· Manage and co-ordinate with MIFID users any changes that may be required to the MIFID Suitability Test module
· Participate in any developing regulatory forums that may arise relating to the implementation of MIFID in Romania

ABN AMRO Bank este una dintre cele mai importante institutii financiare mondiale, si-a inceput activitatea in 1824 si opereaza acum in peste 65 de tari.