Financial Crime Manager (Vp)

Financial Crime Manager (VP)

London, Hybrid setting of 3 days a week in the office, 2 days WFH

6-month initial contract (Scope to extend)

£334 a day via Umbrella, inside ir35

My client is one of the largest financial institutions headquartered in Japan, with an established presence across all consumer and corporate banking businesses. Through its subsidiaries and affiliates, they offer a diverse range of financial services, including commercial banking, leasing, securities, credit card, consumer finance and other services.

Job Role:

This role is based in the Financial Crime compliance team. The role holder will have strong AML and Financial Crime knowledge and practical experience in conducting investigations in a global corporate bank. Experience will include relevant laws and regulations in the UK, and also a strong awareness the AML risk, including typologies globally.

Experience is required in conducting bank-wide risk assessment specific to transaction monitoring. The role holder must have strong experience in designing transaction monitoring rules using SAM and an understanding of key system processes.

Assignments:

• Analysing documentation, automated alerts, transactional data and what constitutes effective rules resulting in material alerts being generated.


• To understand the risk assessment process in relation to transactions monitoring and work on related projects.


• Strong understanding of Transaction Monitoring and fraud systems and industry best practice.


• Excellent experience in conducting and managing Financial Crime investigations.


• Excellent understanding of corporate banking products.

Skills and Experience:

• Strong experience working in project, risk management and audit environment is an advantage.


• Strong knowledge in UK AML regulations, bank policies and processes required under a matured AML programme (e.g. AML policy, PEP, AML, high risk product, SARs)


• Strong experience in conducting Bank Wide Transaction Monitoring specific Risk Assessments


• Experience in designing transaction rules and key system processes. Knowledge specific in Actimize SAM (TM system) is an advantage.


• Strong leadership skill in mentoring junior members.


• Strong experience in system tuning, designing transaction rules and key system processes.


• Strong knowledge in data and related controls required under Transaction Monitoring system, including product types, transaction type, KYC data and related quality and completeness requirements.


• Strong appreciation in controls, risk management and audit


• Strong experience in documenting detail in business language and structured format

• Understanding and practical ability to apply the management of Financial Crime into rules.


• Inquisitive, motivated, and highly trustworthy with an ability to work with the minimum of direct supervision, experienced in dealing with highly confidential material.


• Ability to independently understand multiple strands of data and documentation.


• Good understanding of the products and services offered by SMBC BI.


• Strong understanding AML Transaction Monitoring Systems.


• Knowledge of Proceeds of Crime Act 2002, and relevant fraud legislation


• Knowledge of the wider Financial Crime landscape - UK and global.

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