At a Glance
- Tasks: Lead initiatives to combat financial crime and ensure compliance with regulations.
- Company: Join a leading travel money company focused on integrity and security.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Dynamic role with opportunities to collaborate with key stakeholders and regulators.
- Why this job: Make a real difference in preventing financial crime while growing your career.
- Qualifications: Experience in financial crime management and strong communication skills required.
The predicted salary is between 72000 - 88000 £ per year.
You will report to a Senior Financial Crime Manager within the Compliance Team and deliver a programme of activities to ensure compliance 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.
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 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').
Key responsibilities:
- Support the business strategy to remain number one in Travel Money by delivering robust and effective money laundering controls, transaction monitoring and reporting.
- Accountable for providing financial crime advice, assessment and assurance to stakeholder groups 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 (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; external regulatory supervision orders and penalties to ensure that equivalent controls are effective; National Crime Agency and JMLIT typology reports; industry financial crime data.
- 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, and the Audit & Risk Committee for both the business and Insurance.
- 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 impact.
Knowledge, experience, and 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.
Financial Crime Manager in London employer: Badenoch + Clark
As a leading employer in the financial services sector, we pride ourselves on fostering a dynamic and inclusive work culture that prioritises employee growth and development. Our Financial Crime Manager role offers the opportunity to engage with key stakeholders, drive compliance initiatives, and contribute to our mission of maintaining the highest standards in financial integrity, all while enjoying a supportive environment that values innovation and collaboration.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Crime Manager in London
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We think you need these skills to ace Financial Crime Manager in London
Some tips for your application 🫡
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