Senior Head of Financial Crime Prevention Risk Oversight

Overview

To ensure that risks to the prevention of financial crime are identified, measured, analysed and reported, and that appropriate controls are implemented and remain effective as the business grows and becomes more inter-connected

• To oversee and manage the Financial Crime Prevention Risk Management Framework ensuring that systems and controls are appropriately designed and implemented
• To assist the Chief Money Laundering Reporting Officer and Head of Financial Crime Prevention EMEA (CMLRO) to ensure that reports and disclosures are made regarding Financial Crime Prevention risks and controls
• To monitor the day to day operation of the Financial Crime Prevention Risk monitoring and control testing programme to ensure control risks are identified and managed appropriately
• To ensure that enquiries and requests for information from regulators, law enforcement or other relevant authorities are responded to fully and within the required time frames regarding the Financial Crime Prevention Risk Management Framework
• To act as a focal point for staff regarding the Financial Crime Prevention Risk Management Framework
• To ensure that a controls testing plan is in place, on a risk prioritised basis and effectively calibrated to manage and report on financial crime risk
• To ensure that Financial Crime Prevention systems and controls are regularly assessed (monitored and tested) to ensure effective financial crime risk management
• To support the CMLRO and the wider business with, new business take on, remediation exercises and thematic reviews, which may require changes to the Financial Crime Prevention Risk Management Framework if and when required
• To ensure that regular reports are produced for the CMLRO and relevant entity’s boards on the operation and effectiveness of Financial Crime Prevention systems and controls
• To ensure that any areas for improvement of the Financial Crime Prevention Risk Management Framework are brought to the attention of the CMLRO with proposals for making appropriate enhancements
• To ensure that any changes to the Financial Crime Prevention Risk Management Framework associated policies, procedures, or operational practices which are relevant to the Financial Crime Prevention Risk Management Framework are made and subject to the appropriate level of review and approval
• Ensure that the first line of defence take ownership of Financial Crime Prevention risks and that staff are aware of their responsibilities and trained appropriately for their roles
• To support senior managers in the first line of defence to understand and manage the financial crime risks in their business areas
• Other duties as assigned from time to time, including Deputising for the CMLRO, at the Risk Committee

• Excellent written communication and drafting skills
• Experience of leading and managing teams, and/or deputising for senior management regarding Financial Crime Prevention Risk and Control matters
• Relationship building and communications skills
• Effective planning, organisational and time management skills
• Critical thinking and judgment based decision making using a risk based approach
• Ability to analyse problems and deliver effective solutions
• Excellent Stakeholder management
• Strong and efficient decision making skills with the ability to use judgement and operate autonomously when required
• Effective planning, organisational and time management skills
• Excellent stakeholder management with the ability to see the bigger picture and deal effectively with competing priorities
• Relationship building and communications skills
• Ability to proactively identify and analyse problems and design effective solutions
• Ability to lead and manage people and achieve results through others