Senior Economic Crime Oversight Leader

End Date

Monday 07 October 2024

Salary Range

£0 - £0

We support flexible working - click here for more information on flexible working options

Flexible Working Options

Job Share

Job Description Summary


Job Description

JOB TITLE: Senior Economic Crime Oversight Leader - Fraud & Financial Crime Transaction Monitoring

SALARY: £80,206 - £103,796

LOCATION(S): Birmingham, Bristol, Cardiff, Edinburgh, Leeds, Halifax

HOURS: Full-time

WORKING PATTERN: Our work style is hybrid, which involves spending at least

two days per week, or 40% of our time, at one of our office sites

About this opportunity

Fraud and Financial crime is the greatest threat to the safety and security of our customers and has a material impact on a global scale. The threat is ever advancing, with LBG playing a key role as one of the largest financial services providers in identifying and preventing fraud and financial crime. We play a significant role to mitigate these threats whilst enabling the business to grow and evolve.

This role is in the Economic Crime Prevention, Risk Management Framework Team. The role will lead the end to end oversight of the groups Transaction Monitoring capability covering both fraud and financial crime. It will require in-depth knowledge of the technology systems deployed within the group, how these systems are configured, how rules are structured within the systems, how data is ingested and how this aligns to the BU risks and the groups risk appetite.

A well developed understanding of Economic Crime typologies will also be essential to ensure that our transaction monitoring capabilities deliver the right outcomes and identify criminality without impacting genuine customers. The role holder will also require an understanding of advanced technologies such as machine learning and artificial intelligence and an curious mentality to understand what is happening in a fast pace environment. As a leader the role holder will need to provide support and direction to a small team of colleagues, have stroncollaboratorer management skills and deputise for the HoF.

Day to day, you will:
- Draw on your advanced knowledge on all things data to solve complex and material problems;- Lead continual improvement and development initiatives, and implement new business practices for own area, while managing the oversight of a significant element of the organisation's risk landscape;- Check and challenge the embedding of the Group’s Risk & Control Self-Assessment (RCSA) approach to continuous risk management;- Provide an independent opinion on the businesses' management of transaction monitoring risk, challenging areas of mitigation or control weakness, and identifying and coordinating assurance activities based on the current and future risk profile of our business;- Engage with business risk teams, challenging both internally and externally to achieve the right focus on Fraud and Financial Crime Transaction Monitoring risk mitigation;- Contribute to Economic Crime Preventions intelligence and data led approach to the identification of key risks and approach to oversight;- Lead individual reviews, including to support individual and team development plans;- Support completion of ad-hoc projects, including in response to regulatory and Board/GEC level requests;- Take responsibility for implementing formal development frameworks for direct reports, while informally coaching and mentoring others throughout the organisation and investing in own personal development; and- Deputise for the Head of Function

Why Lloyds Banking Group

We’re on an exciting journey and there couldn’t be a better time to join us. The investments we’re making in our people, data, and technology are leading to innovative projects, fresh possibilities, and countless new ways for our people to work, learn, and thrive.

What you’ll need:
- An extensive understanding of all things data and how data is used as part of decisioning and threat mitigation.- Experience of Transaction Monitoring tooling and strategies with the ability to identify weaknesses and shape the future direction.- A well-developed risk management focus with the ability to influence across critical teams to support our customers and protect the group.- Evidence of engaging at a senior leadership level, and being readily able to support and join conversations with senior partners, government and regulators when required.- Curiosity with a real passion for, and dedication to, growth and developing yourself and your teams.- Consistent record in leadership and motivation of essential expert teams- Significant experience of developing strategic directions, providing constructive challenge and leading the execution of significant change.- Strong analytical skills, critical thinking, enquiring mind and the ability to analyse complex issues to shape the groups direction.- Proven track record in talent development, performance management and colleague engagement to drive a cultur