Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead the Financial Crime Prevention Team and ensure compliance with regulations.
- Company: Join a multinational banking company based in the City, focused on corporate and retail services.
- Benefits: Enjoy a competitive salary, professional development opportunities, and a dynamic work environment.
- Why this job: Make a real impact in preventing financial crime while developing your leadership skills.
- Qualifications: Five years of experience in a senior financial crime role within financial services required.
- Other info: This is a one-year fixed-term contract with potential for growth.
The predicted salary is between 43200 - 72000 £ per year.
THE COMPANY: Our client is multinational Corporate and Retail banking company based in the City. They are looking for a Financial Crime Prevention Senior Manager to join the team on an FTC basis. THE RESPONSIBILITIES:
- To possess a thorough up-to-date understanding of the relevant financial crime regulatory rules, anti-money laundering legislation, Proceeds of Crime Act, Terrorism Act 2000 and all statutes and guidance applicable to the Bank’s business.
- To develop and embed appropriate controls, policies and procedures to manage financial crime risk across the Bank and manage the day-to-day operations of the Financial Crime Prevention Team to help the Bank conduct its activities in accordance with regulatory requirements
- Oversight of the Bank’s transaction monitoring and sanctions screening team and activities.
- To provide ongoing training to all staff as required to maintain awareness and ensure that they understand their individual and corporate responsibilities regarding the detection and prevention of financial crime in the Bank.
- To manage, train and develop staff in the Financial Crime Prevention Team.
- To advise the business units of regulatory changes that might affect them in respect of Money Laundering Regulations and Financial Crime Prevention
- To help develop and implement relevant and appropriate ongoing monitoring programmes that demonstrate compliance with key regulatory requirements.
- To remain up-to-date with regulatory and legislative developments and ensure the implications for the Bank is assessed and where necessary ensure changes are disseminated and implemented.
- Provide full cooperation with law enforcement authorities under the Proceeds of Crime Act 2002, Terrorism Act 2000 and other applicable legislation.
- To help ensure that relevant and reliable management information on the AML/KYC issues is delivered to senior management on a timely basis in order to enable effective action to be taken where necessary.
- To facilitate effective and constructive sharing of knowledge and experience of financial crime prevention issues and to effectively engage with other parts of the Group.
- Oversee and work with the MLRO to help manage SARs disclosures, determining if a SAR notification is required to be disclosed to the NCA and communication with relevant authorities including the NCA.
EXPERIENCE REQUIRED:
- At least five years working in a senior financial crime role within the financial services sector (Wholesale or Retail banking )
- The flexibility to appreciate the commercial objectives of the business, coupled with an ability to change, independently and constructively, senior management, peers or other staff where appropriate, to insist upon adherence to the highest standards of business practice and to the requirements of relevant authorities.
- Ability to execute projects and collaborate and collaborate with other departments
- Ability to use initiative and work with minimum supervision but ensuring, at the same time, that the line reports are kept fully informed at all times.
For further information please contact Hannah Tabatabai #J-18808-Ljbffr
Financial Crime Prevention Senior Manager (1 year FTC) employer: Compliance Professionals
Contact Detail:
Compliance Professionals Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Crime Prevention Senior Manager (1 year FTC)
✨Tip Number 1
Familiarise yourself with the latest financial crime regulations and legislation. Being well-versed in the Proceeds of Crime Act and the Terrorism Act will not only boost your confidence but also demonstrate your commitment to staying updated in this ever-evolving field.
✨Tip Number 2
Network with professionals in the financial crime prevention sector. Attend industry events or webinars to connect with others who are already in similar roles. This can provide you with valuable insights and potentially lead to referrals.
✨Tip Number 3
Showcase your leadership skills by discussing any experience you have in managing teams or projects. Highlighting your ability to train and develop staff will be crucial, as this is a key responsibility of the role.
✨Tip Number 4
Prepare to discuss how you've successfully implemented compliance programmes in previous roles. Be ready to share specific examples that illustrate your ability to manage financial crime risks effectively and ensure adherence to regulatory requirements.
We think you need these skills to ace Financial Crime Prevention Senior Manager (1 year FTC)
Some tips for your application 🫡
Understand the Role: Before applying, ensure you have a clear understanding of the responsibilities and requirements for the Financial Crime Prevention Senior Manager position. Tailor your application to highlight relevant experience in financial crime prevention and compliance.
Highlight Relevant Experience: In your CV and cover letter, emphasise your five years of experience in senior financial crime roles within the financial services sector. Provide specific examples of how you've developed policies, managed teams, and ensured compliance with regulations.
Showcase Your Skills: Demonstrate your ability to execute projects and collaborate with other departments. Mention any initiatives you've led that improved financial crime prevention measures or enhanced regulatory compliance.
Craft a Strong Cover Letter: Write a compelling cover letter that not only outlines your qualifications but also conveys your passion for financial crime prevention. Discuss how you can contribute to the company's objectives and your commitment to maintaining high standards of business practice.
How to prepare for a job interview at Compliance Professionals
✨Know Your Regulations
Make sure you have a solid understanding of the financial crime regulatory rules and legislation relevant to the role. Brush up on the Proceeds of Crime Act and the Terrorism Act 2000, as these will likely come up during your interview.
✨Demonstrate Leadership Skills
As a Senior Manager, you'll need to showcase your ability to lead and develop a team. Prepare examples of how you've successfully managed teams in the past, particularly in high-pressure situations related to financial crime prevention.
✨Showcase Your Training Experience
Be ready to discuss your experience in providing training and raising awareness about financial crime among staff. Highlight any specific programmes you've implemented that improved compliance and understanding within your previous teams.
✨Engage with Real-World Scenarios
Prepare for situational questions that may require you to think critically about financial crime issues. Consider how you would handle specific scenarios, such as managing SARs disclosures or responding to regulatory changes, to demonstrate your problem-solving skills.
