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Head of Financial Crime

  • Location: London
  • Salary: £120,000 - £140,000 pa per year
  • Job Type:Permanent

Posted about 2 years ago

​You will ensure appropriate governance, procedures, controls, monitoring, and reporting are in

place to manage risk in line with the bank’s policies, standards and risk appetite.

 

The Head of Financial Crime will also be responsible for leading the financial crime operations team along with the following key duties and responsibilities:

 

·         Embed and maintain the Financial Crime Framework – including developing and implementing Enterprise level procedures, completing and maintaining firm-wide risk assessments, and ensuring compliance with mandatory training requirements across the group

·         Oversee all relevant FC escalations such as PEPs, completion of the PEP annual review, review and escalation of customers that sit outside of the bank’s risk appetite or customers under suspicion of financial crime

·         Drive implementation of the bank’s financial crime policies to reduce the risk to the bank to external or internal Fraud

·         Be the primary contact between the group and the SLOD Financial Crime Compliance function.

·         Represent at the group level and contribute to any bank-wide change management programs concerning financial crime

·         Challenge and contribute to the development of strategies and objectives, ensuring alignment to risk objectives

·         Review, approve and escalate any divisional acquisitions of customer books and businesses from a financial crime perspective

·         Support the risk function’s response to 2nd Line and 3rd Line audit and QA reports and recommendations