Head of Financial Crime Operations

REV & REGS LIMITED; Greater London; On-site; GBP 100,000 - 125,000; Full time

Job summary

A dynamic commercial bank in Greater London is seeking a Head of Financial Crime Operations to oversee financial crime prevention and detection activities. The successful candidate will lead the Financial Crime Team, ensuring alignment with Board expectations and improving controls through stakeholder engagement. This role will focus on fostering continuous improvement and driving operational efficiency within the team. Previous experience in a similar role is essential, alongside strong leadership abilities.

Responsibilities

• Delivering a 1LOD financial crime model that aligns with the Board and Executive Committee expectations.
• Leadership of the Financial Crime Team in executing their duties.
• Developing and maintaining a positive relationship with key stakeholders.
• Fostering a culture of continuous improvement to enhance controls.

Job description

Overview

Rev & Regs are recruiting for a Head of Financial Crime Operations role for a dynamic commercial and retail bank focused on mortgages / lending.

The Head of Financial Crime Operations is responsible for undertaking and providing oversight of key financial crime prevention and detection activities in line with the Group’s risk appetite and financial crime policies and procedures.

Responsibilities

• Delivering a 1LOD financial crime model that aligns with the Board and Executive Committee expectations and has both the capacity and capability to manage financial crime controls and tasks that sit within 1LOD.
• Leadership of the Financial Crime Team in executing their duties, including but not limited to Onboarding. Name Screening, Payment Screening, Transaction Monitoring, Fraud, Periodic & Event Driven Reviews and Quality Assurance.
• Developing and maintaining a positive and professional working relationship with key stakeholders including 1LOD Managing Directors, Money Laundering Reporting Officer and 2LOD Financial Crime.
• Fostering a culture of continuous improvement by identifying opportunities to enhance controls and / or leverage technology to mitigate relevant financial crime risks.

Driving operational efficiency and reducing costs by identifying and implementing continuous improvements in the team’s operations and processes, reducing subsequent ye...