Business Risk Specialist
1 month ago
We are seeking a highly skilled Business Risk Specialist to join our team at St. James's Place. The successful candidate will be responsible for ensuring the company's compliance with legal and regulatory rules, guidance, and industry best practice. This role will involve providing operational delivery across a range of regulatory compliance workstreams, including client risk assessments and high-risk client management.
Key Responsibilities:
Conduct reviews and screening across all high-risk workstreams, including the on-boarding of high-risk clients.
Implement financial crime prevention procedures.
Operate the client risk assessment helpdesk function effectively to meet agreed SLAs while providing advice and technical support across the business.
Liaison with the Money Laundering Reporting Officers and Financial Crime Teams across the Group's legal entities on financial crime matters.
Perform risk assessments of high-risk clients using subject matter expertise, industry trends, emerging financial crime risks, and current sanctions systems data to determine and approve the correct risk rating and the level of enhanced due diligence required.
Liaison with SS&C in respect of any high-risk client-related issues.
Requirements:
A good understanding of Financial Crime and Anti-Money Laundering legislation.
Previous experience working within Financial Crime or a related field would be advantageous but not mandatory.
Strong investigative skills with experience of applying research methodologies to produce high-quality insights and reports.
Flexible communication skills, excellent time management, strong prioritization, and organizational skills combined with an ability to cope with fluctuating workloads.
Confident decision-making skills, able to provide rationale for the outcomes and recommendations to the business.
What We Offer:
Private medical paid for by the company.
Meaningful protection benefits with real value, such as 10X life cover, PHI, and critical illness.
Non-contributory pension – 10% (increasing with length of service up to 15%) with further pension matching.
Parental leave – 6 months full pay.
28 days holiday entitlement plus bank holidays (based on full-time equivalent) with the option to buy up to an additional 5 days holiday.
Flexible working: We know that everyone works best in different ways, at different times, and in different environments. We have introduced a hybrid working policy to provide greater flexibility for part-time work, job-sharing, remote working, and flexibility on hours. Our people are encouraged to work in a flexible way that suits their lifestyle, so please ask the question and start a conversation.
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