Financial Crime Monitoring Manager I Finance

United Trust Bank; City Of London; Hybrid; GBP 45,000 - 60,000; Full time

Job summary

A leading financial institution is seeking a professional to oversee financial crime prevention activities. This hybrid role requires maintaining the Financial Crime Monitoring Plan and ensuring compliance with regulatory requirements, including AML and fraud. Candidates should have experience in financial crime monitoring and possess strong knowledge of related laws.

Qualifications

• Current knowledge of financial crime laws and regulations.
• Sound understanding of market abuse laws.
• Experience in performing thematic monitoring reviews.

Responsibilities

• Maintain and execute the Financial Crime Monitoring Plan.
• Manage the Financial Crime Support Officer.
• Ensure regulatory requirements are met across financial crime areas.

Skills

Knowledge of money laundering regulations

Understanding of JMLSG

Knowledge of AML Risk Based Approach concepts

Line management experience

Experience in financial crime monitoring

Job description

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This is a hybrid role working 3 days in the office (City of London) and 2 days working from home.

Role Purpose

To undertake, and provide oversight of, key financial crime prevention and detection activities in line with UTB's risk appetite and financial crime policies and procedures

Key Responsibilities

• Maintaining and executing the Financial Crime Monitoring Plan
• Managing the Financial Crime Support Officer (Monitoring)
• Undertaking thematic monitoring reviews, including testing, reviewing the severity of any issues identified, report writing and designing remedial actions
• Managing, overseeing and reviewing the testing and grading of quality assurance reviews
• Proposing actions to address root causes and identifying opportunities through monitoring work to support the improvement of processes and procedures
• Assessing, devising, recommending and implementing enhancements to Financial Crime controls across the Bank
• Ensuring regulatory requirements are being met and applied across a number of financial crime areas, including Anti-Money Laundering (AML), Fraud, Sanctions, Anti-Bribery and Corruption (ABC) and Anti-Tax Evasion
• Ongoing assessment and identification of the Bank's Financial Crime Risks
• Completion of Financial Crime Management Information reporting as required

Skills and Experience

• Current knowledge of money laundering, sanctions, fraud, bribery and corruption and market abuse laws/regulations
• Good understanding and knowledge of JMLSG
• Sound knowledge of AML Risk Based Approach concepts
• Line management
• Experienced in financial crime monitoring tasks, including written thematic reports

Equal Opportunities

We're an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. During the application process, you will be asked to complete an equality questionnaire on a voluntary basis and any data we collect will be treated confidentially and used for evaluation purposes. This will be for a period of 6 months or longer with your permission. This helps us understand our applicants so we can make sure we are doing everything we can to attract a diverse range of people and ensure our recruitment processes are fair and inclusive.