At a Glance
- Tasks: Lead economic crime advisory activities and manage risks across retail products.
- Company: Join a leading financial institution committed to member safety and compliance.
- Benefits: Enjoy private medical insurance, competitive pension, and performance bonuses.
- Other info: Flexible working options and opportunities for professional growth.
- Why this job: Make a real impact in financial crime prevention while developing your career.
- Qualifications: Experience in financial crime risk management and strong stakeholder engagement skills.
The predicted salary is between 55000 - 65000 £ per year.
Nationwide is undergoing significant and ambitious change as we continue to evolve how we deliver value to our millions of members. This is an exciting opportunity to join our Economic Crime Risk & Compliance team, a key part of the second line of defence, ensuring the Society delivers its strategy safely while balancing risk and reward.
As a Manager in Economic Crime Advisory, you will play a pivotal role in leading AML, CTF, CPF, and Sanctions advisory activity across the organisation, with a particular focus on retail products and customer journeys. You will work closely with teams across Economic Crime Operations, Payments, Products and Customer Support to ensure risks are effectively understood and managed within risk appetite.
A core part of the role involves identifying and assessing current and emerging economic crime risks, translating these into clear, practical internal policies and standards aligned to regulatory expectations. You will provide expert advice, support and constructive challenge to senior stakeholders and Accountable Executives, helping them embed controls within their areas of responsibility. You will also oversee the effectiveness of these controls, ensuring risks, issues, and non‑compliances are identified, escalated and managed through robust governance and mitigation plans. You will help embed strong economic crime practices into processes and customer relationships, driving consistency and continuous improvement.
This is a highly visible and collaborative role requiring strong analytical skills, attention to detail, and the confidence to ask the right questions to identify key risks and issues. You will build trusted relationships across the organisation and influence decision‑making to support positive risk outcomes.
What you’ll be doing
In this role you’ll play a key part in strengthening Nationwide’s approach to managing AML, CTF, CPF and Sanctions risk. You’ll drive a positive risk and compliance culture, build relationships with stakeholders, and ensure clear ownership of controls aligned to risk appetite. You’ll assess and interpret evolving legal and regulatory requirements, translating them into practical guidance across frameworks, methodologies and controls.
You will contribute to the development and enhancement of Economic Crime policy and control standards, ensuring they remain robust and aligned to regulatory expectations. A core focus will be to provide support and constructive challenge, helping embed strong and compliant practices across products, processes and customer relationships. You will oversee the assessment and management of economic crime risks and compliance obligations, ensuring issues are identified, escalated and governed. This includes monitoring policy breaches, dispensations and incidents, and ensuring lessons learned strengthen controls.
You will maintain oversight of changes to products, journeys and systems, ensuring they effectively mitigate risk while remaining aligned to emerging threats and regulatory expectations. Working closely with first‑line teams, you’ll help ensure appropriate and proportionate mitigation strategies protect Nationwide and its members.
About you
- Demonstrable knowledge of financial crime risks and control frameworks, particularly within a retail banking environment.
- Extensive experience providing second‑line oversight and challenge of AML, CTF, CPF and Sanctions risk management frameworks, with a strong understanding of UK regulatory and industry requirements, including MLRs, JMLSG Guidance and OFSI expectations.
- Expertise in identifying, assessing and challenging AML, CTF, CPF and Sanctions risks and typologies across customer, product, channel and transactional risk domains, including CDD, EDD, ongoing monitoring and SAR processes.
- Proven ability to provide credible risk advice and independent challenge on the design, implementation and effectiveness of financial crime controls throughout the customer lifecycle, ensuring alignment with regulatory expectations and risk appetite.
- Strong stakeholder management and influencing skills, with demonstrable experience engaging and challenging senior leaders and business stakeholders to drive risk‑based decision‑making.
- Experience representing a second‑line function at governance and risk forums, confidently scrutinising proposals and influencing decisions to strengthen risk outcomes.
- Proactive, resilient and highly organised self‑starter with a demonstrated ability to manage competing priorities, exercise sound judgement and maintain focus on regulatory compliance, risk mitigation and fair customer outcomes.
The extras you’ll get
- Access to private medical insurance
- A highly competitive pension to help you build a strong foundation for retirement
- Access to an annual performance‑related bonus
- Training and development to help you progress your career
- A great selection of additional benefits through our salary sacrifice scheme
- Life assurance to provide peace of mind for you and your loved ones in the event of your death
- Wellhub – access to a range of free and paid options for health and wellness
- Up to 2 days of paid volunteering a year
Manager Economic Crime Advisory - Personal in Swindon employer: Description This
As a Customer Banking Advisor at our Cleckheaton branch, you will be part of a dynamic team that prioritises exceptional customer service and innovative banking solutions. We offer competitive benefits, including annual bonuses and comprehensive training programmes, fostering an environment where employees can thrive and grow in their careers. Join us to experience a supportive work culture that values adaptability and personal development.
StudySmarter Expert Advice🤫
We think this is how you could land Manager Economic Crime Advisory - Personal in Swindon
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Description This looking for candidates who are engaged and informed.
We think you need these skills to ace Manager Economic Crime Advisory - Personal in Swindon
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Description This. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Description This
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Description This’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
