Our client is a leading retail bank who are currently recruiting for a Head of Financial Crime Prevention. The role will be responsible for overseeing the first line of defence activities across Financial Crime.

Key responsibilities include:

• Responsible for first line of defence activities in the following areas:
  • Financial Crime including:
    • Sanctions;
    • Bribery & Corruption;
    • Data Security;
    • Fraud;
    • Money Laundering; &
    • Terrorist Financing

• Management and oversight of a team of subject matter experts in each of the above areas
• Responsible for identifying, measuring, analysing and reporting of all financial crime risks
• Responsible for clear instructions, processes, systems and training in the above areas to ensure the Bank complies with all necessary legislative and regulatory requirements
• Ensure the resources in the above areas, are of sufficient number and quality to support the Regional Banks and their branches
• Work in conjunction with internal stakeholders at UK (including UK Compliance, Audit and the Regional Heads) and Group level (including CX - Group Financial Crime Prevention) to ensure risks in the above areas are identified and well managed
• Represent the Bank’s interests in relation to the above areas with external parties.  Such could include regulators, crime agencies, customers, suppliers, etc.
• Act as Demander, and/or Steering Group Member, for such projects as are appropriate.

Key Requirements:

• Strong understanding and experience of AML, KYC, Sanctions, Fraud and banking products and the UK regulatory environment.
• Relevant specialist FC qualifications: e.g. ICA Diploma in FC/AML, ACAMs, Fraud Prevention
• Ability to apply themselves to problem solving and analysing situations, delivering practical and compliant financial crime controls/solutions
• Strong organisational skills and ability to work well under pressure with attention to detail: achieving the right business culture and behaviours
• Ability to lead and motivate a team