Economic Crime Manager

While we are a fully licensed UK bank, we have the culture and spirit of a fast-moving, disruptive technology company and are obsessed with providing our customers with the best banking app and money management experience around.

As an Economic Crime Manager within the Financial Crime Escalations & Disclosure Team you will support and report into the Deputy MLRO in the Bank’s Second Line of Defence. You will play a key role in protecting Starling Bank and its customers by reviewing key controls, such as internal procedures to improve financial crime threat identification and response within the bank. You will ensure that internal practices comply with regulation, are carried out in line with policy and compliment our values, and deliver fair outcomes to our customers.

• Review Sanction escalations and ensure any relevant reports of suspected breaches are reported to the relevant authorities.

• Supporting the PEP/RCA review escalation process.

• Provide oversight of Internal and External reporting obligations under POCA.

• Assist the Disclosures Team on SAR investigation and writing reports.

• Provide ongoing support on Financial Crime queries, both from internal and external stakeholders, across all business areas and including Law Enforcement.

• Analysing data and capturing outputs of reviews into a report, and communicating these to relevant stakeholders across the organisation.

• Development and implementation of the Bank’s financial crime framework and policies, including effective oversight of the policy governance and escalations processes.

• Horizon Scanning for any relevant regulatory changes, carrying out gap and business impact analysis.

• Extensive experience in Financial Crime Compliance in a UK regulated environment.

• Extensive knowledge and technical experience in the application of:

-The Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017

-The Proceeds of Crime Act 2002

-UN/EU/OFSI/OFAC sanctions regimes to appropriately manage sanctions risk.

• A robust and broad understanding of financial crime risk management principles,framework and methodologies.

• Experience of policy and process writing, advice and assurance.

• Experience with the UK SAR regime and SAR reporting. .

• Good interpersonal skills with the ability to build and maintain positive relationships and communicate both verbally and in writing with all levels across the organisation and externally.

• The ability to work with full autonomy whilst keeping aware of any need for escalation to senior stakeholders.

• 25 days holiday (plus take your public holiday allowance whenever works best for you)

• An extra day’s holiday for your birthday

• Annual leave is increased with length of service, and you can choose to buy or sell up to five extra days off

• 16 hours paid volunteering time a year

• Salary sacrifice, company enhanced pension scheme

• Life insurance at 4x your salary & group income protection

• Private Medical Insurance with VitalityHealth including mental health support and cancer care. Partner benefits include discounts with Waitrose, Mr&Mrs Smith and Peloton

• Generous family-friendly policies

• Incentivised refer a friend scheme

• Perkbox membership giving access to retail discounts, a wellness platform for physical and mental health, and weekly free and boosted perks

• Access to initiatives like Cycle to Work, Salary Sacrificed Gym partnerships and Electric Vehicle (EV) leasing