Financial Crime Operations Manager - 12 Month FTC

22 Jul 2021
19 Aug 2021
Contract Type
Full Time

?? Responsible for management and resourcing of the Financial Crime Operations Team. Allocate and manage workload of the team ensuring that the Department and individuals meet internal SLA and deliver quality service to the Group.

?? Manage the performance of the team through delivery of competency and QA framework and team training and development plans to develop the skills of the team and encourage retention. Monitor individual colleague performance through regular 1-2-1s and the annual appraisal process encouraging positive performance and managing any under performance

?? Maintain comprehensive Financial Crime Department procedures and records which meet business and regulatory requirements.

?? Ensure appropriate and timely MI on department performance.

?? Maintain appropriate systems and controls to provide management information to the Head of FC, IS & BCP and other senior managers to enable the measurement and management of Financial Crime risks across the business.

?? Support the review of the Financial Crime Policy and associated policies to ensure they are in line with current regulation and business developments and recommend amendments where appropriate.

?? Keep up to date with relevant regulation and assist the Head of FC, IS & BCP in communicating any relevant impacts to stakeholders in a clear and helpful manner.

?? Contribute to the overall continuous improvement and development of the Financial Crime Department.

Team Responsibilities

Ensure that the Financial Crime Operations Team:

??Undertake CDD on high risk customers pre and post funding in accordance with the Customer Due Diligence manual including investigation of PEP, Sanction and adverse media alerts. Recommend actions to management to manage identified FC risks.

?? Investigate Suspicious Activity Reports (SARs) and recommend a course of action to the Financial Crime Manager and MLRO prior to SAR submission and reporting.

?? Respond to law enforcement agencies and other authorities in respect of requests for information under relevant legislation.

?? Complete fraud and/or complex investigations (such as those relating to brokers of concern), co-ordinating response with other departments such as the Legal department.

?? Manage financial crime related incidents and breaches of requirements.

?? Provide the business with an advisory service relating to Financial Crime matters including responding Financial Crime related queries from the business

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