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Financial Crime Manager

£50,000 to £54,000
Job Type
9 Jun 2022
Professional Services Company is recruiting for a Financial Crime Manager to join their Compliance Team and deliver a programme of activities to ensure they are compliant with relevant regulatory and legal requirements relating to financial crime, ensuring processes are simple, effective and efficient in order to reduce the risk of financial crime.

The Purpose of the Role

Activities include undertaking risk assessments and making recommendations for improvements in processes and controls to minimise risks and non-compliance, supporting training and awareness initiatives, suspicious activity investigation and reporting and providing reporting to relevant management and governance bodies (including RCC & ARC).
Working with key stakeholders across the business and via the Joint Money Laundering Intelligence Taskforce (JMLIT) to research and deliver effective policies and compliance assurance. Limited to manage the risks of financial crime including fraud, Anti Money Laundering (AML) and Counter Terrorist Financing (CTF), and anti-bribery ('ABC') risks (collectively 'financial crime').

Principal Accountabilities

* Accountable for providing financial crime advice, assessment and assurance to stakeholder groups across the organisation on the inherent risks of financial crime in products, services and processes, providing recommendations on appropriate controls to mitigate such risks through design and process improvements, and the design and deployment of appropriate internal and external fraud and financial crime risk prevention and detection methodologies
* Undertaking financial crime investigations; providing subject matter expertise for key product and service projects and contract tenders; assessing tender responses from suppliers relating to financial crime requirements
* Responsible for developing and maintaining effective working relationships with a variety of key stakeholders both inside and outside of the organisation (including regulators and law enforcement), ensuring that an effective compliance culture is fostered and promote the Compliance function across key internal stakeholder groups
* Responsible for reviewing and assessing any regulatory and legislative changes impacting financial crime
* Delivering assurance activity against financial crime policies and providing input to governance reporting (including annual Gifts & Hospitality and MLRO reports) via the Risk & Compliance Committee,
* Working with stakeholders to deliver effective training and communication relating to all aspects of Financial Crime and ensuring effective deployment of solutions
* Maintaining and monitoring Financial Crime Compliance risks and working in collaboration with the Risk team to ensure that financial crime risks are properly assessed for each functional area
* Undertaking industry horizon scanning/review of any ABC and AML/CTF regulatory penalties published and producing documented assessment of likely impacts for Post Office.

Qualifications, Experience & Skills

* Excellent influencing skills and the ability to interact with all levels of management, including senior management
* Sound written and verbal communications
* Good planning and organizational skills
* Working knowledge of financial crime risk management and assessment tools and techniques and the impact they have (or may have) on commercial profitability and customers
* Working knowledge of product and service design and delivery, and/or managing product, service or project delivery risks
* Able to produce high quality work and attention to detail
* Previous experience working in a financial crime area within a Financial Services company or a money laundering regulated environment is desirable
* Discretion dealing with sensitive and confidential work
* Recognised financial crime industry qualifications desirable e.g. ICA Diploma
* The job holder will need to pass the National Crime Agency CTC vetting
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  • Job Reference: 619964751-2
  • Date Posted: 9 June 2022
  • Recruiter: lhh recruitment
    lhh recruitment
  • Location: London
  • Salary: £50,000 to £54,000
  • Sector: Banking & Financial Services
  • Job Type: Permanent