Financial Crime Manager, Risk in London

Rathbones provides individual investment and wealth management services for private clients, charities, trustees and professional partners. We have been trusted for generations to manage and preserve our clients’ wealth. Our tradition of investing and acting responsibly has been with us from the beginning and continues to lead us forward. Our ambition is to be recognised as the UK’s most responsible wealth manager.

About the Role

To help lead the Rathbones Financial Crime team (2LOD) in operating, maintaining, and developing its anti-financial crime framework, including responsibility for conducting financial crime risk assessments. To advise and support the various Rathbones businesses, whilst seeking to identify and mitigate the risk that the Group or its subsidiaries are used to commit or hide the assets of financial crime.

What you’ll be responsible for:

• Support the MLRO and DMLRO with overseeing the firm’s financial crime framework and compliance with the anti-money laundering, terrorist financing, sanctions, bribery, tax evasion requirements.
• Lead on maturing and maintaining financial crime risk assessments of all Group subsidiaries.
• Alongside the MLRO and DMLRO, evaluate the financial crime risks and controls relevant to the Group’s subsidiaries, identify any control enhancements and ensure compliance with financial crime regulations.
• In collaboration with the MLRO and DMLRO, lead on developing and maintaining the financial crime framework and associated documentation.
• Where appropriate, oversee, direct and review the work of the Financial Crime Senior Analysts and Analysts, as well as the wider Rathbones’ Group entities.
• Log, track and see through to resolution, any control enhancements identified through the risk assessment.
• Ensure risk assessments feed into financial crime assurance plans.
• Maintain an up-to-date knowledge of financial crime regulation through various channels.
• Identify, analyse and support the implementation of changes driven by regulations, industry guidance or best practice.
• Produce relevant MI for MLRO/DMLRO insight and review.
• Active attendance and contribution to industry forums to assess the firm’s compliance with evolving financial crime typologies and best practice, including providing insights to the MLRO/DMLRO.
• Support the MLRO and DMLRO in defining and implementing the strategy of the Financial Crime team alongside the firm’s wider strategies, values and goals.
• Deliver excellent customer service and maintain a positive relationship with the business.

About you

If you meet some of these criteria and are excited about the role, we encourage you to apply:

• Background in financial crime and experience of leading and delivering financial crime risk assessments.
• Demonstrable experience in advising key stakeholders on financial crime related matters.
• Level 6 industry recognised AML or financial crime qualification (ICA/CISI).
• Significant experience of financial crime related roles.
• Experience of leading and undertaking risk assessments covering all aspects of financial crime.
• Proven ability to develop and maintain key elements of a financial crime framework, including identifying gaps and ensuring that required actions are seen through to conclusion.
• In depth product knowledge within the wealth and/or asset management sector.
• Experience of key sources of internal and external information.
• Good working knowledge of regulatory environment in which Rathbones operates.
• Extensive knowledge of relevant financial crime related legislation and guidance e.g. MLRs, JMLSG and ensuring compliance.
• Work on own initiative, individually and as part of a team.
• Excellent interpersonal skills, with the ability to balance a busy workload and key deliverables.
• Experience of dealing with key stakeholders at all levels and producing high quality and concise reporting.

Our offer to you

We want everyone at Rathbones to fulfil their potential, in an environment where you are proud to work and feel like you belong. We offer a comprehensive remuneration package, which we review regularly, and benefits include:

• A company pension - 9% non-contributory or 10% if you contribute 5%
• Private medical insurance – Individual on joining, family after 1 year’s service
• Life assurance - 8 x salary
• Income protection – 75 % salary
• Company share scheme
• Discretionary bonus
• Flexible holidays – purchase up to 5 additional days
• Green Car Scheme
• Family friendly policies – enhanced family leave for parents & carers
• Study support – study days and funding for courses and qualifications
• Season travel ticket loans
• Volunteering days
• Gym discounts
• Other voluntary benefits you can choose to suit you

Our employees can choose to take part in various social groups and communities to support their wellbeing, growth, development and sense of community. These include:

• Sports & Social Committees, such as cricket, football, netball, running, yoga, quiz nights, charity bake sales and much more.
• Inclusion Networks that help us drive change within the organisation such as Gender Balance, Multicultural, Abilities Count, Pride, Social Mobility, Generations, Menopause Matters@Rathbones’ and Armed Forces.
• The NextGen IM Network, which brings together a community of trainees from across the UK, who are all at the early stages of their careers and offers development opportunities, exposure across the business as well as peer support and connection.

Life at Rathbones

We aim to become an employer of choice for the wealth management sector, to achieve this we are working hard to build a diverse, equal, and inclusive workplace that motivates, develops and embraces the strengths of all our colleagues. Being part of Rathbones means you will join a team of passionate professionals in a successful culture that cares for its people. At Rathbones, we provide meaningful work, opportunities, and a voice to all. We are committed to building a team that is made up of diverse skills, experiences and abilities and encourage applications from all backgrounds. We welcome individuals who share our values.

We’re a Disability Confident Employer (level 2) under the UK Government scheme. This means we’ve signed up to a set of commitments around how we recruit, retain and develop people with disabilities. If you require adjustments to apply for a role at Rathbones, please contact us via recruit@rathbones.com to let us know what adjustments you may need.

Mission

We believe in playing the long game. That means building consistent results, earning trust and doing the right thing — for our clients, our colleagues and the communities we’re part of. Our values shape how we work:

• We aim high
• We get it done
• We show we care
• We do the right thing

These aren’t just words on a wall. They guide how we treat each other, how we make decisions and how we build relationships that last. We will close this advert once we have received enough applications for the next stage. Please submit your application as soon as possible to ensure you don’t miss out.