Financial Crime and Investigations

The role: This role is based in the 2LoD Financial Crime compliance team. The role holder is to have a strong experience in conducting and managing financial crime investigations which is vital to the role and a strong understanding of the Transaction Monitoring tool used by the Bank (Actimize SAM). Responsibilities: The role holder is to have strong AML knowledge including laws and regulations in the UK, and also a strong awareness the AML risk, including typologies globally. Strong experience is required in bank-wide risk assessment specific to transaction monitoring. The role holder must have strong experience in designing transaction monitoring rules and an understanding of key system processes. Knowledge in Actimize SAM is an advantage for this role as is an understand of rules relating to the rules around fraud risk. To manage a team of investigators and prioritise keys tasks. Ability to manage a high workload and advise the team and business on investigations. To have experience in SAR drafting and submissions to the NCA. To review the effectiveness of the rules within the transactions monitoring system (Actimize). To advise and assist the 1LoD teams on system tuning, the design of rules, and is to have strong knowledge in data and related controls required for transaction monitoring. The design of rules is based around the AML risks posed to the Bank. To initiate and undertake reviews of current rules, thresholds and impact of the rules and their applicability and effectiveness to the identify suspicious transactions. The role holder supports the 2LoD financial crime investigations with a strong understanding of money laundering and the related financial crime risks. To have strong leaderships skills and able to mentor junior members of staff. To assist in identifying where the products and services offered by us are or may be used for criminal activities. Ensuring senior management are sufficiently informed and in possession of accurate information by collating MI and drafting reports in preparation for internal committees up to board level. Requirements: 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 / Financial Crime / 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. Knowledge specific in Actimize SAM (TM system) is an advantage. 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 and advice to stakeholders at all levels. 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. Strong written and verbal communicator, able to articulate and prepare detailed rationale. Good understanding of the products and services offered. Strong understanding AML Transaction Monitoring Systems. Knowledge of Proceeds of Crime Act , and relevant fraud legislation Knowledge of the wider financial crime landscape - UK and global. Well organised with excellent ability to prioritise conflicting work whilst retaining an excellent attention to detail. Candidates will ideally show evidence of the above in their CV in order to be considered. Please be advised if you haven't heard from us within 48 hours then unfortunately your application has not been successful on this occasion, we may however keep your details on file for any suitable future vacancies and contact you accordingly. To speak to a recruitment expert please contact MoreInformation