Financial Crime Monitoring Specialist

Financial Crime Monitoring Specialist

Role Overview:

We're seeking a detail-oriented professional to manage and execute the Bank's Financial Crime Monitoring Plan. This role includes leading thematic reviews, enhancing controls, and ensuring compliance with financial crime regulations.

Key Responsibilities:

• Maintain and execute the Financial Crime Monitoring Plan.
• Conduct thematic monitoring reviews, including testing, identifying issues, reporting, and designing remedial actions.
• Manage and oversee quality assurance reviews, including testing and grading.
• Propose and implement process improvements to address root causes and enhance efficiency.
• Assess and recommend enhancements to financial crime controls across the Bank.
• Ensure compliance with regulatory requirements in areas such as AML, fraud, sanctions, ABC, and anti-tax evasion.
• Continuously assess and identify financial crime risks.
• Produce Financial Crime Management Information (MI) reports as needed.
• Perform horizon scanning and provide guidance on regulatory changes and industry updates.

Line Management Responsibilities:

• Provide leadership and oversight to team members involved in financial crime monitoring tasks.
• Ensure tasks are methodically organised and completed efficiently.

Key Skills and Experience:

• Proven experience in financial crime monitoring, including writing thematic reports.
• Strong knowledge of AML, sanctions, fraud, bribery, corruption, and market abuse laws/regulations.
• Good understanding of JMLSG and AML Risk-Based Approach concepts.
• Highly organised, methodical, and capable of seeing tasks through to completion.