Deputy Money Laundering Reporting Officer in Maidstone

Location: Petersfield, Bradford, Chatham, London

Closing Date: Tuesday 12 November 2024

Working Pattern: Our working style is hybrid, but we recognise the importance of collaborative working with our colleagues often 1 to 3 days per week in one of our offices.

Benefits:

• Discretionary annual bonus
• 25 days holiday up to 30 days (depending on service)
• Pension scheme with matched company contributions up to 10%
• 2 paid days to ‘give back’
• Enhanced maternity pay (once successfully passing probation)
• 4 weeks paid paternity
• LinkedIn Learning for all
• Snoop Premium
• Private Medical Insurance

Don’t hesitate to apply for a role even if you don’t meet all the criteria; your unique strengths and eagerness to learn can be just as valuable.

You and Your Team:

As a Deputy Money Laundering Reporting Officer you will be reporting to the Chief Compliance Officer. In this role you will support the business in mitigating regulatory and legal risks and provide Financial Crime related guidance across all products. You will support the MLRO in developing and maintaining a compliant and effective financial crime framework across the group and act as the Nominated Officer for VBG.

In your day-to-day role you will:

• Provide guidance on daily AML/ATF/Sanctions/ABAC issues, ensuring alignment with regulatory compliance standards and industry best practices.
• Conduct and deliver expert AML/ATF/Sanctions/ABAC research, risk assessments, reporting, and analytical support.
• Oversee and challenge the 1st line Fraud Strategy and Operational teams to ensure fraud risk management aligns with risk appetite and fair customer treatment.
• Collaborate in developing and implementing effective AML/ATF/Sanctions/ABAC policies, processes, and controls.
• Offer thought leadership and share industry knowledge within your area of expertise.
• Contribute to the development, implementation, and maintenance of the Financial Crime Strategy and Risk Frameworks.
• Manage and direct resources in the Financial Crime team, including coordinating risk assessments, leading prevention projects, and maintaining the PEPs register.
• Oversee escalated Financial Crime investigations and ensure timely external reporting to the NCA.
• Support operational risk events impacting Financial Crime Compliance and track resolution.
• Support risk assessments for new or materially changed products.
• Deliver the annual MLRO report and contribute to awareness-raising and training for staff.

What will make you stand out:

• Strong understanding of Financial Crime and risk management.
• Experience in a management role within a financial services sector.
• Excellent stakeholder management and communication skills.
• Highly numerate with exceptional analytical skills.
• Understanding of FCA regulated business requirements.
• International Compliance Association Advanced certificate in Financial Crime (or higher) or willingness to study towards achievement; and or Degree level or other relevant business/professional qualification.

The interview process:

• Up to 30-minute telephone call with a member of the Talent Acquisition team
• Up to 1 hour competency interview with the hiring manager
• Final interview with the hiring team

Our average process takes up to 4 weeks but we will always work around your availability. You will have the chance to speak to our recruitment team throughout the process. As this role involves working within a regulated environment any offer will be subject to satisfactory background checks including criminal record check, credit check, fraud check and employment references.

Your working life:

If you prefer to work part-time, we’ll make this happen whenever we can - whether this is to help you meet other commitments or strike a great work-life balance. A fear of losing your current working flexibility shouldn’t hinder you from applying for new opportunities, which is why we aim to match your existing flexible working arrangements where possible.

Why work for us:

We’re Vanquis Banking Group plc, an FTSE All Share company and a leading specialist bank, established in 1880. We lend responsibly, providing tailored products and services to 1.75 million UK customers through Vanquis, Moneybarn, and Snoop. Our purpose is simple: to deliver caring banking so our customers can make the most of life’s opportunities. At Vanquis Banking Group we believe in looking after our colleagues, so we do our best to create a rewarding, engaging, and supportive work environment across our various divisions. We let our colleagues know we appreciate their hard work by offering competitive salaries, benefits, and a Group wide recognition scheme. All colleagues are eligible to join a pension scheme, and, after six months’ service, you can join our 'Buy as you Earn' schemes. We offer a range of training and development opportunities to help each of our colleagues maximise their potential, whatever their role. From your first day working with us, we’ll help you settle into your new role and are happy to talk to you about your career aspirations.

Equal Opportunity Statement:

Here at Vanquis Banking Group, we embrace everyone’s unique strengths and identities to be themselves at work. Regardless of how you identify yourself, your sexual orientation, marital or civil partner status, race, colour, nationality, ethnic or national background, faith, disability, or age – your experiences and background help enrich our teams, and most importantly help support our customers in the best way possible. At the end of the day, it’s our people that help us to fulfil the reason why we’re here in the first place: to help put people on a path to a better everyday life.