Financial Crime Manager

Grant Thornton (UK); Leicester; On-site; GBP 40,000 - 80,000; Full time

Job summary

Join a forward-thinking firm as a Financial Crime Manager in the High-Risk Assessment Unit. In this pivotal role, you will lead a team in managing financial crime risks, ensuring compliance through enhanced due diligence and ongoing monitoring. You'll engage with stakeholders, provide training, and drive projects to enhance processes and technology. This is an opportunity to make a significant impact in a collaborative environment that values integrity and inclusivity. If you are self-motivated and passionate about doing what’s right, this role is for you.

Qualifications

• Experience in financial crime roles with a focus on risk assessments.
• Strong understanding of legal requirements for financial crime.

Responsibilities

• Manage day-to-day operations of the High-Risk Assessment Unit.
• Conduct enhanced due diligence on high-risk clients and third parties.

Skills

Financial Crime Risk Management

Enhanced Due Diligence

Analytical Skills

Stakeholder Engagement

Research Skills

Education

Relevant Professional Qualification (e.g., ICA, CAMS)

Job description

The UK member firms of Grant Thornton are part of global network of independent audit, tax and advisory firms, made up of some 76,000 in over 150 countries. We're a team of independent thinkers who put quality, inclusion and integrity first. All around the world we bring a different experience to our clients. A better experience. One that delivers the expertise they need in a way that goes beyond. Personal, proactive, and agile. That's Grant Thornton.

Job Description:

Every day our teams help people in businesses and communities to do what is right and achieve their goals.

The Financial Crime team supports the firm to effectively and efficiently manage financial crime risk and compliance. This is a senior position within the team, reporting directly to the Senior Manager, High Risk Assessment Unit (HRAU). The head of the team is the MLRO. The role will be managing the day-to-day operations of the HRAU, working closely with the Senior Manager of the HRAU and senior members of the team. The role will also consist of managing a team of Assistant Managers and Analysts.

You will focus on ensuring higher risk clients are subject to appropriate due diligence, scrutiny and approval, at onboarding and as part of ongoing monitoring reviews. As part of this you will also have a role in advising and engaging with a range of stakeholders across the firm, providing guidance and training on financial crime risks. Monitoring, reporting and investigations are a key part of the role, with either you making decisions or presenting your findings for decision to senior management. The role demands a proactive, self-motivated individual with strong analytical and communication skills and the ability to forge and maintain strong relationships.

We’re happy to talk flexible working and consider reduced hours and job shares, we’ll support you to balance your work and life.

A look into the role

As a Manager in the High-Risk Assessment Unit within our Financial Crime Team, you will:

To undertake enhanced due diligence and financial crime risk assessments on clients, third parties and insolvency payments at onboarding, event-driven and periodic reviews to ensure the firm manages its exposure to financial crime risks, and engages with clients, third parties that are within risk appetite / makes / receives payments in insolvency appointments that are compliant with the law, and in line with the risk appetite of banks, insurers and the firm.

To provide guidance / support to the High-Risk Assessment Unit Assistant Managers, Executives and Analysts. Complete approvals in line with the risk approvals matrix, including delegated authority relating to some PEP and other higher risk relationships.

Manage the reporting on Internal SARs (suspicious activity reporting) and ensure that suspicion of financial crime is appropriately reported to Authorities, mitigated and escalated within the firm, as appropriate.

Ensure that the High-Risk Assessment Unit is operating efficiently as part of the end-to-end process, working collaboratively with the Client Due Diligence (CDD) Team and reporting any issues to the Senior Manager, High Risk Assessment Unit.

Review and risk assess high risk screening matches as part of the ongoing screening process. Ensure clear documentation of risks, assessment, recommendations and required mitigations to decision-makers, and client engagement teams.

Engage with client engagement teams on complex high-risk clients, to ensure the risks are fully understood. To provide training to the High-Risk Assessment Unit on financial crime related matters which aids development and knowledge of the team.

Create and maintain process documentation for the end-to-end process of the high-risk escalation unit, whilst collaborating with the Senior Manager, High Risk Assessment Unit.

Support and lead projects to implement new processes and technology to increase the effectiveness and efficiency of the enhanced due diligence, and high-risk assessment process.

Knowing you’re right for us

Joining us as a Financial Crime Manager, High Risk Assessment Unit, the minimum criteria is:

Demonstrable experience of working within a financial crime role.

You will have in-depth understanding of the legal requirements and best practices around enhanced due diligence, and complex risk assessments relating to financial crime.

Experience reviewing and approving high risk clients.

Strong research skills, including open source and structured databases and the ability to analyse complex information, identify key issues, make decisions and where necessary make clear recommendations for action.

It would be great if you had some of the following skills, but don’t worry if you don’t tick every box, we’ll help you develop along the way.

A relevant professional qualification (e.g., ICA, CAMS) is highly desirable.

High level of accuracy and attention to detail in all aspects of work.

You’ll have the ability to comply with the firms legal, ethical and regulatory requirements and refresh your knowledge regularly to establish yourself as a credible senior member of the financial crime team.

You’ll understand how to engage and motivate the team while building your networks across all stakeholder groups.

You’ll be self-motivated and able to deliver to multiple deadlines while maintaining high levels of service to external and internal stakeholders.

Knowing we’re right for you

Embracing uniqueness, the culture at Grant Thornton thrives on the contributions of all our people, we never settle for what is easy, we look beyond to deliver the right thing, for everyone. Building an inclusive culture, where we value difference and respect our colleagues helps our people to perform at the best of their ability and realise their potential.

Our open and accessible culture means you’ll interact with leaders who are interested in you and everything you bring to our firm. The things that set you apart, we value them. That’s why we give you the freedom to bring your whole self to work and pursue your passions inside and outside of work.

Beyond the job

Life is more than work. The things you do, and the people you’re with outside of work matter, that’s why we’re happy to look at flexible working options for all our roles, and we’ll always do our best to keep your work and life in balance.

The impact you can make here will go far beyond your day job. From secondments, to fundraising for local charities, or investing in entrepreneurs in the developing world, you’ll be giving back to society. It’s that drive to do the right thing that runs through our every move, grounded in our firm’s values – purposefully driven, actively curious and candid but kind.

We’re looking for people who want to contribute, spark fresh ideas and go beyond expectations. People who want to be able to proudly do what’s right, for the firm, our clients, our people and themselves. It’s how it should be.