Financial Crime Manager

Financial Crime Manager

Location: Farnborough

Salary: £75,000 - £85,000

Hours: Monday - Friday, 9am-5.30pm

Able to work from home 2 days per week after a successful probationary period

My client is a UK-based fintech company based in Farnborough and they are looking for a highly skilled Financial Crime Manager to lead and supervise their Risk team. This role is all about inspiring and empowering our team to excel in a collaborative and results-driven environment while ensuring the effective implementation of the company’s risk management strategies. The right candidate will possess outstanding leadership abilities, capable of guiding the team through any challenges that may arise. Their ability to identify emerging issues swiftly and initiate action sets them apart. They thrive on taking ownership, making informed decisions, and escalating matters promptly.

Responsibilities:

• Working under the guidance of the VP of Operations. This team plays a critical role in safeguarding our business against Financial Crime in both the UK and US. By proactively minimizing the risk of misuse, including activities like money laundering, terrorist financing, sanctions avoidance, and fraud, you will contribute to maintaining a secure platform for our customers.
• Lead, inspire, and manage a vibrant team of risk analysts, assistants, and specialists by setting clear performance expectations and objectives through regular one-on-one meetings and performance reviews, offering valuable feedback and guidance along the way.
• Monitor and validate the effectiveness of our risk mitigation strategies, risk rules, and initiatives by developing and maintaining Key Performance Indicators (KPI’s). Measuring how well our risk management efforts are working, ensuring we are always on top of potential risks.
• Excel at comprehending complex issues, foreseeing potential challenges, and delivering proactive, concrete remedies to mitigate any adverse effects.
• Ensure alignment of team objectives with overall company goals and risk management priorities.
• Stay up-to-date with the latest industry best practices and emerging trends in risk management and share your expertise with the wider teams to guarantee an ingrained risk mitigation approach for all feature developments.
• Produce periodic reports providing a concise overview of the Team's performance, and our Financial Crime risks - including chargeback levels, eKYC performance, work backlogs, SAR’s, MID performance, and PEP’s.
• Ensure compliance with our issuing bank and other partners' requirements concerning Financial Crime risk management, generation of monthly/quarterly/annual reports, and resolution of general inquiries.

Person Specification:

Proven track record of successfully managing a Financial Crime operation within a payments-regulated organisation

Experience with different fraud monitoring systems (vendor or in-house), demonstrating a strong knowledge of effectively integrating and implementing them within an organisation.

Excellent understanding and awareness of regulatory mandates within AML / Fraud / Compliance.

Ability to work collaboratively and build positive relationships across departments.

Excellent organisational and problem-solving skills with keen attention to detail, and analytical approach.

Bonus Experience:

A degree in a relevant field.

Experience in utilizing project management practices and a strong understanding of business analytics tools, such as JIRA or Confluence.

Expertise in grasping and executing control frameworks with finesse.

Benefits:

An excellent Induction and onboarding program with ongoing learning and development throughout your career

A performance-related reward scheme ranging from £500 to £1,000 every 6 months

30 days of holiday (including all but 3 public holidays)

Cash Health Plan

Workplace Pension Plan

Physical and Mental Wellbeing support and platforms for you and your family

Breakfast and snacks every day

Great company events local and abroad!

Enhanced Maternity and Paternity leave

Salary Sacrifice options

Your Birthday Day off

Westfield rewards

5 days annual leave carry-over