Economic Crime Manager

3 weeks ago

London, Greater London, United Kingdom BDO Full time
Ideas | People | Trust

We're BDO. An accountancy and business advisory firm, providing the advice and solutions entrepreneurial organisations need to navigate today's changing world.

We work with the companies that are Britain's economic engine - ambitious, entrepreneurially-spirited and high-growth businesses that fuel the economy - and directly advise the owners and management teams leading them.

We'll broaden your horizons

The Quality and Risk Management Team (QRM) provides leadership, guidance, and tools to help partners and staff manage quality and risk matters. The team is comprised of an Advisory and Compliance Team, a Chief Information Security Office Team, an Economic Crime Team, a Legal Team including a Commercial Contracts and Procurement Team, plus the Quality Monitoring Team. The team works closely with the firm's Technical Standards Group, Ethics Team, and the firm's leadership.

We'll help you succeed

Leading organisations trust us because of the quality of our advice. That quality grows from a thorough understanding of their business, and that understanding comes from working closely with them and building long-lasting relationships.

You'll be someone who is both comfortable working proactively and managing your own tasks, as well as confident collaborating with others and communicating regularly with senior managers, directors, and BDO's partners to help businesses effectively. You'll be encouraged to identify and draw attention to opportunities for enhancing our delivery and providing additional services to organisations we work with.

Overview

The Economic Crime Group (ECG), led by the firm's Deputy MLRO, is responsible for several key business processes within BDO LLP.

AML and related economic crime legislation

The ECG sits within the QRM PMD and is responsible for the implementation and monitoring of the firm's compliance with UK Anti Money Laundering (AML) Legislation. The team consists of a Partner and 10 members of staff.

In addition to ensuring compliance with AML legislation, the ECG also manages the firm's response more widely in relation to all aspects of economic crime including tax evasion, fraud, bribery & corruption and sanctions.

The ECG also handles matters relating to suspicious activity reports from the business and liaises with other stakeholders within the firm (Legal, CISO, stream Quality and Risk leads) as well as with external parties including, in particular, the National Crime Agency.

Client and audited entities acceptance and continuance (A&C)

Together with the Ethics Team, the ECG also manages the client Acceptance and Continuance process including ownership of the firm's client onboarding system, CTO2 . This involves working with partners and senior members of the firm across all streams (Audit, Tax and Advisory) and responding to a wide variety of Acceptance and Continuance risk and reputational issues.

Role and requirements

We are looking for a manager with relevant AML experience and a wide range of skills including:
  • The ability to apply a detailed knowledge of UK Money Laundering legislation to BDO's varied client base;
  • Dealing with suspicious activity reports and liaising with the NCA;
  • Confidence in working with and presenting to senior members of the UK firm;
  • The ability to work through situations and provide solutions;
  • Advising on other aspects of UK 'economic crime' including anti-bribery & corruption, failure to prevent the facilitation of tax evasion and sanctions legislation;
  • Training junior members of staff;
  • Representing BDO at external working group and forums. Competencies required
    • Business thinking: The ability to understand the firm's business strategy and goals and develop solutions aligned to these. The ability to interpret AML and other economic crime legislation and to determine practical and effective ways of complying with them. The candidate will have a good understanding of the accountancy sector and the regulatory environment together with a good understanding of risk management principles, methodologies and internal controls.
    • Communicating: Strong written and verbal communication skills coupled with strong interpersonal skills.
    • Collaboration: The ability to build relationships across the firm and gain the confidence of partners.
    • Decision making: The ability to investigate and resolve problems.
    • Developing self and others: An awareness of and an interest in deepening your knowledge of the current regulatory environment. Energy and enthusiasm and a willingness to share knowledge and experience with others.
    • Innovating and change: The ability to develop ideas, challenging the status quo as appropriate and consult with others to produce viable solutions. To be considered for this role you should have proven Economic Crime experience in a bank or professional services role. An AML qualification (ACAMs/ICA or equivalent) is strongly preferred as is a background in accounting, law, tax or finance.

      The successful applicant will be expected to attend the Baker Street, office in London 2-3 days a week.

      You'll be able to be yourself; we'll recognise and value you for who you are and celebrate and reward your contributions to our business. We're committed to agile working, and we offer everyone the opportunity to work in ways that suit them, their teams, and the task at hand.

      At BDO, we'll help you achieve your personal goals and career ambitions, and we have programmes, resources, and frameworks that provide clarity and structure around career development.

      We're in it together

      Mutual support and respect is one of BDO's core values and we're proud of our distinctive, people-centred culture. From informal success conversations to formal mentoring and coaching, we'll support you at every stage in your career, whatever your personal and professional needs. Our agile working framework helps us stay connected, bringing teams together where and when it counts so they can share ideas and help one another. At BDO, you'll always have access to the people and resources you need to do your best work.

      We know that collaboration is the key to creating value and satisfying experiences at work, so we've invested in state-of-the-art collaboration spaces in our offices. BDO's people represent a wealth of knowledge and expertise, and we'll encourage you to build your network, work alongside others, and share your skills and experiences. With a range of multidisciplinary events and dedicated resources, you'll never stop learning at BDO.

      We're looking forward to the future

      At BDO, we help entrepreneurial businesses to succeed, fuelling the UK economy. Our success is powered by our people, which is why we're always finding new ways to invest in you. Across the UK thousands of unique minds continue to come together to help companies we work with to achieve their ambitions.

      We've got a clear purpose, and we're confident in our future, because we're adapting and evolving to build on our strengths, ensuring we continue to find the right combination of global reach, integrity and expertise. We shape the future together with openness and clarity, because we believe in empowering people to think creatively about how we can do things better.

      #LI-LM1

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