£95K/yr
London, England
Permanent, Variable

Senior Financial Crime Manager Head of

Posted by Broster Buchanan Ltd.

  • Fantastic salary and company benefits.
  • Hybrid and flexible working.
  • A 'Head of' role with superb exposure and continued progression.

Key Responsibilities Strategic

Oversight and Program Development

  • Lead the development and implementation of the company's financial crime strategy, including AML, CTF, sanctions, anti-bribery, and fraud programs.
  • Continuously assess, refine, and enhance existing financial crime policies and procedures to ensure regulatory compliance and address emerging threats.
  • Provide expert guidance on best practices for financial crime prevention and help shape company-wide risk culture.

Risk Assessment and Management

  • Conduct regular and ad-hoc risk assessments to identify potential areas of vulnerability in financial crime and develop strategies for risk mitigation.
  • Monitor key regulatory and industry trends to proactively update the risk framework and keep the organization compliant with current and future laws and standards.
  • Oversee the analysis and management of customer and transactional risk, including high-risk customer screening, due diligence, and enhanced due diligence processes.

Investigation and Monitoring

  • Manage complex investigations into financial crime cases, including suspected money laundering, fraud, or sanctions breaches, from identification through to resolution.
  • Collaborate with teams to monitor transactions for suspicious activity and ensure efficient reporting of suspicious activity reports (SARs) to regulatory bodies as required.
  • Oversee the transaction monitoring and screening processes, providing recommendations for optimization and improvement.

Stakeholder Engagement and Training

  • Act as the primary point of contact for regulatory bodies, auditors, and other external stakeholders on financial crime matters.
  • Lead training programs on financial crime prevention for employees across the organization, promoting awareness and a strong compliance culture.
  • Work closely with business units, compliance, and risk teams to support new product initiatives and ensure they align with financial crime risk standards.

Leadership and Team Development

  • Manage and mentor a team of financial crime professionals, fostering their growth and ensuring high performance and engagement.
  • Provide clear direction and support for the team, encouraging innovative thinking and solutions to complex problems.
  • Allocate resources effectively within the team to respond to financial crime risks, investigations, and regulatory requests efficiently.
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