Senior Economic Crime Oversight Leader – Financial Crime Transaction Monitoring and Politically[...] in Leeds

The role will lead the end to end oversight of the group's Transaction Monitoring and Politically Exposed Persons (PEP) capability. It will require in-depth knowledge of the technology systems deployed within the group, how these systems are configured, how rules are structured within the systems, how data is ingested and how this aligns to the BU risks and the group's risk appetite. An advanced understanding of Economic Crime typologies will also be essential to ensure that our transaction monitoring and PEP Screening capabilities deliver the right outcomes and identify criminality without impacting genuine customers. The role holder will also require an understanding of advanced technologies such as machine learning and artificial intelligence and have a curious mindset to understand what is happening in a fast-paced environment. As a leader, the role holder will need to provide support and direction to a small team of colleagues, have strong stakeholder management skills and deputise for the HoF.

Fraud and Financial crime is the greatest threat to the safety and security of our customers and has a material impact on a global scale. The threat is ever advancing, with LBG playing a key role as one of the largest financial services providers in identifying and preventing fraud and financial crime. We play a significant role to mitigate these threats whilst enabling the business to grow and evolve. This role is in the Economic Crime Prevention, Oversight Team.

Day to Day Responsibilities:

• Draw on your sophisticated knowledge on all things data to solve complex and material problems;
• Lead continual improvement and development initiatives, and implement new business practices for own area, while managing the oversight of a significant element of the organisation's risk landscape;
• Check and challenge the embedding of the Group’s Risk Open Pages (ROP) approach to continuous risk management;
• Provide an independent opinion on the businesses' management of transaction monitoring and PEP risk, challenging areas of mitigation or control weakness, and identifying and coordinating ongoing oversight and assurance activities based on the current and future risk profile of our business;
• Engage with business risk teams, challenging both internally and externally to achieve the right focus on Transaction Monitoring and PEP risk mitigation;
• Contribute to Economic Crime Prevention's intelligence and data led approach to the identification of key risks and approach to oversight;
• Lead focused reviews, including to support individual and team development plans;
• Support completion of ad-hoc projects, including in response to regulatory and Board/GEC level requests;
• Take ownership for implementing formal development frameworks for direct reports, while informally coaching and mentoring others throughout the organisation and investing in own personal development;
• Deputise for the Head of Function.

What you’ll need:

• An extensive understanding of all things data and how data is used as part of decisioning and threat mitigation.
• Experience of Transaction Monitoring and PEP Screening tooling and strategies with the ability to identify weaknesses and shape the future direction.
• A well-developed risk management focus with the ability to influence across critical teams to support our customers and protect the group.
• Evidence of engaging at a senior leadership level, and being readily able to support and join conversations with senior partners, government and regulators when required.
• Curiosity with a real passion for, and dedication to, growth and developing yourself and your teams.
• Consistent record in leadership and motivation of essential expert teams.
• Significant experience of developing strategic directions, providing constructive challenge and leading the execution of significant change.
• Strong analytical skills, critical thinking, enquiring mind and the ability to analyse complex issues to shape the group's direction.
• Proven track record in talent development, performance management and colleague engagement to drive a culture that values, recognises and generates high performance.
• Strong resilience and growth mindset keeping abreast with the latest developments and external trends.

Additional experience:

• Accountable decision making in high pressure & challenging situations.
• Evaluating and building control frameworks.
• Building data led analysis techniques for risk management, ideally covering Economic Crime risk.
• Brilliant communication that brings an audience with you through a complex topic.
• Knowledge and practice of the lifecycle of preventing and responding to economic crime.
• Leading colleagues to deliver challenging but meaningful shared objectives.
• Collaboratively working with business areas, technology and platform partners to improve technology led risk controls.

Our focus is to ensure we're inclusive every day, building an organisation that reflects modern society and celebrates diversity in all its forms. We want our people to feel that they belong and can be their best, regardless of background, identity or culture.