Head of Financial Crime and Prevention

  • Location


  • Discipline:

    Financial Crime & Fraud

  • Job type:


  • Salary:

    £70,000 - £80,000

  • Email:


  • Job ref:


  • Published:

    about 2 years ago

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