At a Glance
- Tasks: Lead a team to design and implement economic crime prevention strategies.
- Company: Join a dynamic organisation focused on risk management and compliance.
- Benefits: 28 days holiday, bonus, enhanced pension contributions, and wellbeing support.
- Other info: Opportunity for career growth and collaboration across various teams.
- Why this job: Shape the future of economic crime controls in a fast-paced environment.
- Qualifications: Experience in leading teams within regulated industries and strong AML knowledge.
The predicted salary is between 72000 - 88000 £ per year.
Overview
As Economic Crime Risk & Controls Manager, lead a team of experts to design and implement practical prevention strategies that align with risk policies.
You will partner with cross-functional teams to embed controls in new systems and customer journeys, ensuring clear ownership and traceability to standards.
You provide clear, evidence-based advice to senior leaders and influence regulatory responses.
This role offers scope to shape economic crime controls across a fast-moving environment and collaborate across defence lines.
- Pay / Benefits
- 28 days holiday + bank holidays
- annual discretionary bonus
- personal pension with enhanced contributions
- maternity, paternity and shared parental leave
- extensive wellbeing support
- life assurance (6x annual salary)
Responsibilities
- Lead and develop a 6-person SME team within a regulated environment
- Ensure adherence to risk policies and control standards with traceability to policies
- Provide practical, evidence-based advice to senior leaders on complex issues
- Drive change and transformation by embedding economic crime considerations in new systems and processes
- Build and maintain strong relationships across first, second and third lines of defence
- Operate with independence to strengthen detection and prevention of economic crime
- Support ongoing regulatory change awareness and translate requirements into actions
- Promote effective risk management and clear communication across stakeholders
- Key requirements
- Experience leading a team within a regulated industry
- Strong knowledge of AML and sanctions with risk/advisory experience
- Experience in projects and continuous improvement initiatives
- Extensive practical knowledge of economic crime techniques and mitigating processes
- Ability to develop insights and identify improvement opportunities
- Ability to spot root cause trends and understand wider implications
- Excellent communication and stakeholder management skills
- Experience with fraud space and report writing is helpful
- Ability to work to time-sensitive deadlines and self-prioritise workload
- leadership
- communication
- stakeholder management
- AML and sanctions knowledge
- risk and compliance practices
- economic crime techniques and processes
Economic Crime Risk & Control Manager in Coventry employer: Coventry Building Society
Coventry Building Society is an exceptional employer, offering a dynamic work environment where innovation meets collaboration. With a strong focus on employee growth and development, the role of Lead QRM Model Developer provides opportunities to engage in high-profile projects that shape the future of financial services. Our hybrid working model, competitive benefits, and commitment to a supportive culture make Coventry Building Society a rewarding place to advance your career.
StudySmarter Expert Advice🤫
We think this is how you could land Economic Crime Risk & Control Manager in Coventry
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Coventry Building Society. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Economic Crime Risk & Control Manager in Coventry
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Coventry Building Society.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Coventry Building Society's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Coventry Building Society
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Coventry Building Society.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Coventry Building Society will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Coventry Building Society employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
