At a Glance
- Tasks: Support compliance objectives and protect against financial crime in a dynamic team.
- Company: Join Leumi UK, a forward-thinking financial institution with a strong compliance culture.
- Benefits: Competitive salary, career progression opportunities, and comprehensive training.
- Other info: Exciting growth potential and a chance to work with industry experts.
- Why this job: Make a real impact in combating financial crime while advancing your career.
- Qualifications: Experience in financial crime compliance and a keen eye for detail.
The predicted salary is between 55000 - 65000 £ per year.
We’re looking for our newest member of Leumi UK in our Compliance team! The purpose of the role is to support the Head of Compliance & MLRO in delivering the Compliance team’s objectives; primarily to protect Leumi UK from being used to facilitate and commit financial crime.
Responsibilities
- Deliver the Financial Crime Monitoring Programme (QA) within SLA. Identify issues/control breaches that require escalation, remediation and any consequent staff training needs.
- Undertake thematic reviews in key financial crime risk areas such as Fraud, ABC, Third Party Risk Management etc. and report findings to the MLRO.
- Prepare and deliver face to face Financial Crime and Compliance training to staff. This includes induction training to new joiners, ad-hoc training to all staff creating awareness following changes in regulation and law; tailored to suit LUKG’s business model and its products/services. Maintain training records.
- Support the MLRO in the financial crime enterprise-wide risk assessment.
- Maintain and enhance Leumi’s financial crime compliance and control framework to ensure the firm operates within its FC risk appetite.
- Support the MLRO in addressing any internal/external audit findings within agreed timescales.
- Be the subject matter expert offering timely advice to the Business desks/Customer Lifecycle Management on KYC/DD where needed, whilst simultaneously updating relevant procedures to provide clarity and consistency in processes.
- Maintain the Financial Crime Issue Management Log and oversee the implementation of agreed action plan to remediate control breaches.
- Maintain Compliance databases, assist in the production of management information and analyse risk trends against Leumi’s financial crime risk appetite.
- Support the MLRO in producing governance and risk committee financial crime reports.
- Assist in the periodic review and updating of financial crime policies and procedures.
- Continuous horizon scanning to remain informed of current and emerging AML regulations and guidance (e.g., UK MLRs, FCA Guidance, JMLSG, FATF recommendations etc.).
The ideal candidate will have:
- Suitable Financial Crime compliance experience with aspiration to progress as Leumi’s Senior Financial Crime Manager and Deputy MLRO in due course.
- Currently working or has previously worked in the 2nd line of defence, for a regulated financial services institution in the UK/EU/EEA with close attention to detail and experience in undertaking Quality Assurance, EDD, controls gap analysis etc.
- Robust understanding of AML/CTF risks associated with complex ownership/control structures to determine with confidence, KYC requirements of offshore investment vehicles used in the Commercial Real Estate sector. Such experience will have preferably been developed from working in a corporate banking or asset management environment. Previous FC experience in asset-based lending would be an added advantage.
- Familiar with legal structures using JPUTs, Trusts, SLPs, SCSp, SICAV, SICAF, LPs, LLCs etc.
- Experienced in overseeing transaction monitoring and sanctions screening. Understand emerging risks associated with sanctions circumvention, proliferation financing/dual use goods to support the MLRO in identifying and configuring proportionate screening/monitoring rules to help counter sanctions, AMLC/CTF risks faced by Leumi in conducting its business.
- Working knowledge of UK Money Laundering Regulations, JMLSG, FCA Financial Crime: a guide for firms, FATF Recommendations, Sanctions and other relevant legal/regulatory provisions.
- Exposure to wider Compliance functions such as Whistleblowing, Personal Account Dealing etc. would be an advantage.
- Good verbal, written and presentation skills. A proficient user of Excel.
- Ability to identify and critically evaluate information whilst always advocating best practice.
If this sounds like you, don't miss out on this incredible opportunity!
Financial Crime Manager employer: Leumi UK
Leumi UK is an exceptional employer that prioritises employee development and a collaborative work culture within the Compliance team. With a strong focus on compliance training and continuous professional growth, employees are empowered to advance their careers while contributing to the vital mission of safeguarding the organisation against financial crime. Located in a dynamic financial hub, Leumi UK offers a supportive environment where innovation and integrity thrive, making it an ideal place for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Crime Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the financial crime and compliance sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of AML regulations and compliance frameworks. Be ready to discuss how your experience aligns with Leumi UK's needs. Practise common interview questions and think of examples that showcase your skills in action.
✨Tip Number 3
Showcase your expertise! Create a portfolio or presentation that highlights your previous work in financial crime compliance. This could include case studies or examples of how you’ve successfully managed risks or improved processes. Bring this along to interviews to impress the hiring team.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining Leumi UK. Keep an eye on our careers page for the latest opportunities and updates!
We think you need these skills to ace Financial Crime Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Financial Crime Manager role. Highlight your relevant experience in compliance and financial crime, and don’t forget to mention any specific skills that match the job description!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for Leumi UK. Mention your passion for compliance and how your background aligns with the responsibilities outlined in the job description.
Showcase Your Skills:Don’t just list your skills; demonstrate them! Use examples from your past experiences to show how you’ve successfully managed financial crime risks or delivered training. This will help us see your potential impact at Leumi UK.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates!
How to prepare for a job interview at Leumi UK
✨Know Your Financial Crime Stuff
Make sure you brush up on your knowledge of AML/CTF risks and the relevant regulations like UK MLRs and FCA guidance. Being able to discuss these confidently will show that you're not just familiar with the basics, but that you understand the complexities involved in financial crime compliance.
✨Prepare for Scenario Questions
Expect to be asked about how you would handle specific financial crime scenarios. Think through examples from your past experience where you've identified control breaches or conducted thematic reviews. Be ready to explain your thought process and the actions you took.
✨Showcase Your Training Skills
Since part of the role involves delivering training, prepare to discuss any previous experience you have in this area. Think about how you can tailor your training approach to different audiences and be ready to share examples of how you've successfully engaged staff in compliance topics.
✨Demonstrate Attention to Detail
In a role focused on compliance, attention to detail is crucial. Be prepared to discuss how you ensure accuracy in your work, whether it's maintaining compliance databases or conducting quality assurance checks. Highlight any tools or methods you use to stay organised and thorough.
