Economic Crime Assistant Manager

Economic Crime Assistant Manager

Our client, a leading professional services business is looking for an Assistant Manager to join their Economic Crime team. The team provides a wide variety of services that deliver value-led advice and outcomes. They have an in-depth knowledge of business, industry sectors and markets and understand the constantly changing risks and opportunities at the heart of affairs

As an Assistant Manager within the Economic Crime Advisory team, you will support the delivery of financial crime compliance engagements across their portfolio of clients across all sectors, including financial services,  betting and gaming, real estate, crypto and legal. You will cover disciplines such as anti-money laundering, fraud prevention, counter-terrorist financing, sanctions, market abuse, anti-bribery and corruption, and/or tax evasion. In addition, you will play a key role in assisting the team with developing their financial crime offering and working methods. Their engagements typically include independently assessing clients' financial crime frameworks, supporting the creation, enhancement and remediation of financial crime systems and controls and optimising financial crime frameworks to be more efficient and effective through the use of technology and/or sustainable target operating models across the three lines of defence.

• Build and maintain strong working relationships with all clients and colleagues

• Deliver projects in the required timeframe as agreed with the client

• Support in the delivery of independent reviews by assessing and evaluating the design and operational effectiveness of clients' current financial crime compliance framework against regulatory requirements and expectations, including:

  • Governance and oversight arrangements (governance structure, three lines of defence model and management information)

  • Risk management (risk appetite statement, business-wide risk assessment, customer risk assessment)

  • Due diligence (customer/enhanced due diligence, initial customer screening)

  • Ongoing monitoring (transaction monitoring, suspicious activity reporting, ongoing customer screening, payment screening)

  • Training (strategy/plan, material content, attendance monitoring)

• Prepare clear and concise reports representing the output of engagements to be received by the client, as well as third parties such as the client's regulator, banking partner, auditors etc

• Provide verbal and written recommendations to clients on how to enhance their financial crime controls to meet regulatory requirements and industry practice

• Support in the delivery of creating and enhancing clients' financial crime systems and controls, including:

  • Uplifting financial crime policies and procedures to be in line with regulatory requirements and expectations

  • Conducting business-wide risk assessments, using quantitative and qualitative analysis to support accurate identification and assessment of inherent risks

  • Designing and delivering bespoke financial crime training based on the client's size, business model and risk profile

• Provide support and guidance to junior members of the team, including quality assurance of their fieldwork

• Assist with engagement administration, including preparation of engagement letters and client take on

• Assist with realising the team's financial crime opportunities and strategic framework through marketing (such as writing articles/thought leadership).

• Demonstrate awareness of commercial, financial and operational management, including how to maximise utilisation and efficiencies in processes

You'll be someone:

• MUST HAVE consultancy experience in financial crime, fraud (or similar) compliance

• Passionate about supporting clients with their financial crime frameworks to support the mitigation of financial crime risk

• Interest in learning, upskilling and expanding knowledge and skillset into broader sectors through undertaking diverse projects and receiving on-the-job coaching.

• Demonstrable experience of being able to juggle multiple projects and deadlines, prioritising work where needed, and independently managing own workload successfully

• Ability to investigate and resolve problems with some support and guidance as required involving senior members of the team

• Enjoy working in a close team environment, involved in great team spirit by bringing energy, enthusiasm and facilitation of learning

• Being self-aware and requesting feedback on of areas required for technical and business skill improvements, to drive enhancement of own knowledge and capabilities

• An inquisitive attitude to positively challenge the team's working papers and methodologies as you work on engagements to enhance effective and efficient engagement management

• A positive approach to quality risk management