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2nd Line Financial Crime Technical Specialist

  • Location: United Kingdom
  • Salary: Competitive salary per year
  • Job Type:Permanent

Posted about 1 year ago

Hybrid working available

​Our clients are a growing Financial Services business. They are looking to recruit a 2nd Line Financial Crime Technical Specialist, on a permanent basis.

This is an exciting opportunity to support the design and implementation of the anti-financial crime framework, and to provide Group-wide oversight and challenge of financial crime risks, providing expert knowledge and guidance to business units and group functions on all elements of financial crime risk.

Role Responsibilities:

•Support the identification of and analysis of new Financial Crime legislation and regulations

•Support the oversight and monitoring of relevant business area’s adherence to the financial crime risk framework via assurance reviews

•Provide a knowledgeable and comprehensive advisory service to the Financial Crime Managers, and Business Areas when assessing, reviewing, and making recommendations.

•The investigation of Financial Crime Risk Events, conducting root-cause analysis to establish the breakdown in controls, and identify underlying FC Trends and Typologies.

•Providing feed back to the business for continuous improvement, minimizing the financial impact to the business, and recommendations for the implementation of controls to mitigate the risks identified.

•Support the maintenance of the FC Risk Framework (policies and control standards), to help ensure it is regularly updated to reflect the current Financial Crime risks identified, providing recommendations for change to the Financial Crime Manager.

•To provide additional support analysis of the performance of ML/Fraud Prevention systems, assisting the optimization of all FC systems’ rule sets in line with the FC Risk Appetite, so that financial crime is identified and prevented at the point of application and ongoing, whilst false positive matches are minimized

Key Skills & Experience

•Fraud, AML / CTF, and sanctions investigation and oversight experience in a multi-product business.

•Knowledge of financial crime policy and procedures experience is highly beneficial

•Knowledge of ABC risks and the controls required to mitigate the risks.

•Strong organisational skills, ability to work independently, and self-motivated with good attention to detail.

•Commercial awareness of one or more of the businesses within the Group and good judgement and decision-making skills.

•Strong written and oral communication skills, including experience preparing and presenting training material.

•Strong system knowledge and ability to test functionality from an FC perspective.

•Good technical knowledge of FCA handbook, ML Regulations, JMLSG, and other regulatory matters.

•Knowledge of Hunter/SIRA/CIFAS and other industry fraud prevention systems

Please note, should feedback not be received within 28 days due to the large volume of applications, unfortunately, your application has been unsuccessful. However, we may be in touch with similar relevant opportunities.