Senior Economic Crime Oversight Leader & Financial Crime Transaction Monitoring and Politically

lloyds banking group; City of Edinburgh; Hybrid; GBP 85,000 - 101,000; Full time

Job summary

A major financial services provider based in the UK is seeking a Senior Economic Crime Oversight Leader to oversee transaction monitoring and PEP screening. The role requires extensive knowledge of financial crime prevention technologies and strong leadership skills to drive improvements in risk management. Candidates should possess a passion for innovation and a proven track record in the field. The hybrid work model allows for flexibility with at least two days spent in the office, enhancing work-life balance while contributing to meaningful outcomes in customer security.

Benefits

Generous pension contribution

Annual performance-related bonus

Employee share schemes

Discounted shopping options

30 days’ holiday plus bank holidays

Wellbeing initiatives and parental leave policies

Qualifications

• Extensive experience of Transaction Monitoring and PEP Screening tooling.
• Strong collaborator management skills.
• Proven track record in talent development and performance management.

Responsibilities

• Lead oversight of the group's Transaction Monitoring and PEP capability.
• Drive continual improvement and new business practices.
• Provide independent opinion on transaction monitoring and PEP risk.

Skills

Extensive understanding of data

Experience in Transaction Monitoring

Strong analytical skills

Excellent communication

Leadership and motivation

Curiosity and growth mindset

Job description

Overview

End Date

Monday 16 February 2026

Salary Range

£85,493 - £100,580

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

Flexible Working Options

Job Share

Job Description Summary

The role will lead the end to end oversight of the groups Transaction Monitoring and Politically Exposed Persons (PEP) capability. 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. An advanced understanding of Economic Crime typologies will also be essential to ensure that our transaction monitoring and PEP Screening 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 have a curious mindset 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 strong stakeholder management skills and deputise for the HoF.

Job Description

JOB TITLE:Senior Economic Crime Oversight Leader – Financial Crime Transaction Monitoring and Politically Exposed Person Screening.

Salary:£85,493 - £105,000

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

Motivated by really make a difference? Want a role which can shape and challenge how Transaction Monitoring and Politically Exposed Person (PEP) capabilities are delivered and enhanced? Driven by protecting our customers and preventing criminality? Then it’s time to apply as this is the role for you.

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, Oversight Team. The role will lead the end to end oversight of the groups Transaction Monitoring capability and PEP screening. 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.

An enhanced understanding of Economic Crime typologies will also be essential to ensure that our transaction monitoring and PEP 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 is encouraged to provide support and mentorship to a small team of colleagues. They should have strong collaborator management skills and serve as a deputy for the HoF.

Day to day responsibilities

• Draw on your sophisticated 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 Open Pages (ROP) approach to continuous risk management;
• Provide an independent opinion on the businesses' management of transaction monitoring and PEP risk, challenging areas of mitigation or control weakness, and identifying and coordinating ongoing oversight and 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 Transaction Monitoring and PEP risk mitigation;
• Contribute to Economic Crime Preventions intelligence and data led approach to the identification of key risks and approach to oversight;
• Lead focused 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 ownership 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 and PEP Screening 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 culture that values, recognises and generates high performance.
• Strong resilience and growth mindset keeping abreast with the latest developments and external trend.

Additional experience

• Accountable decision making in high pressure & challenging situations.
• Evaluating and building control frameworks.
• Building data led analysis techniques for risk management, ideally covering Economic Crime risk.
• Brilliant communication that brings an audience with you through a complex topic
• Knowledge and practice of the lifecycle of preventing and responding to economic crime.
• Leading colleagues to deliver challenging but meaningful shared objectives.
• Collaboratively working with business areas, technology and platform partners to improve technology led risk controls.

About working for us

Our focus is to ensure we're inclusive every day, building an organisation that reflects modern society and celebrates diversity in all its forms. We want our people to feel that they belong and can be their best, regardless of background, identity or culture. We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer initiative. And it’s why we especially welcome applications from under-represented groups. We’re disability confident. So if you’d like reasonable adjustments to be made to our recruitment processes, just let us know

Benefits

• A generous pension contribution of up to 15%
• An annual performance-related bonus
• Share schemes including free shares
• Benefits you can adapt to your lifestyle, such as discounted shopping
• 30 days’ holiday, with bank holidays on top
• A range of wellbeing initiatives and generous parental leave policies

Want to do amazing work, that’s interesting and makes a difference to millions of people? Join our journey.

At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.

We keep your data safe. So, we'll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks. We'll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person.

We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.