Financial Crime Manager (12 month FTC) | Compliance

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This is a hybrid role working 3 days in the office (City of London location) and 2 days working from home.

Role Purpose:

To undertake, and provide oversight of, key financial crime prevention and detection activities in line with UTB's risk appetite and financial crime policies and procedures.

Responsibilities:

• Maintaining and executing the Financial Crime Monitoring Plan
• Undertaking thematic monitoring reviews, including testing, reviewing the severity of any issues identified, report writing and designing remedial actions
• Managing, overseeing and reviewing the testing and grading of quality assurance reviews
• Proposing actions to address root causes and identifying opportunities through monitoring work to support the improvement of processes and procedures
• Assessing, devising, recommending and implementing enhancements to Financial Crime controls across the Bank
• Ensuring regulatory requirements are being met and applied across a number of financial crime areas, including Anti-Money Laundering (AML), Fraud, Sanctions, Anti-Bribery and Corruption (ABC) and Anti-Tax Evasion
• Ongoing assessment and identification of the Bank's Financial Crime Risks
• Completion of Financial Crime Management Information reporting as required
• Ensure effective and timely horizon scanning, providing guidance to the business on papers/guidance and regulatory change
• Preparing and supporting the Head of Financial Crime to deliver Financial Crime Training for employees across UTB
• Supporting and working with other Financial Crime Managers within the department to deliver departmental objectives as requested by the Head of Financial Crime

Skills and Experience sought:

• Current knowledge of money laundering, sanctions, fraud, bribery and corruption and market abuse laws/regulations
• Good understanding and knowledge of JMLSG
• Sound knowledge of AML Risk Based Approach concepts
• Knowledge of the regulatory and legislative requirements and industry practice for financial crime
• Experienced in testing, sampling and assuring processes and controls to mitigate risk
• A strong understanding of regulations and legislations relating to AML/CTF (Anti-Money Laundering/Counter-Terrorist Financing), Fraud ABC and Sanctions
• International Compliance Association Financial Crime qualification desirable, or equivalent professional qualification
• Line management experience
• Experienced in financial crime monitoring tasks, including written thematic reports

Remuneration and Benefits:

• competitive salary and discretionary bonus scheme
• matched pension contributions up to 7%
• 26 days annual leave plus two wellbeing days and opportunity to purchase additional holiday
• flexible and hybrid working
• private medical insurance via Vitality
• life, income protection and critical illness insurance
• enhanced family leave pay
• extensive learning and personal development opportunities
• electric car scheme and cycle to work scheme
• season ticket loan
• wellbeing support - discounted gym membership, employee assistance programme, 24/7 private GP access for staff and their immediate family (online), 1:1 key life stage coaching