Senior Manager - Financial Crime Risk Assessments

Co-operative Bank plc; Coventry; Hybrid; GBP 59,000 - 98,000; Full time

Benefits offered by this job

28 days holiday + bank holidays

Annual discretionary bonus

Pension with matched contributions

Life assurance (6x salary)

Car allowance

Private Medical Insurance

Job summary

The Co-operative Bank, now part of Coventry Building Society, seeks a Senior Manager to lead the Financial Crime Risk Assessments function in a hybrid role. You will drive enterprise-wide risk assessments across AML, sanctions and fraud, working with senior stakeholders to challenge and strengthen risk management.

This 2LoD position requires strong leadership, data-driven decision making and proven expertise in financial crime risk frameworks.

Qualifications

• Extensive financial crime experience in banking or regulated FS environments.
• Strong track record in financial crime risk assessments.
• Knowledge of AML, sanctions and fraud risk management.
• Leadership experience in a 2nd line risk or oversight function.
• Ability to influence senior stakeholders and communicate risk.

Responsibilities

• Lead enterprise-wide financial crime risk assessments across AML, sanctions and fraud.
• Oversee customer and third-party risk assessment methodologies.
• Partner with senior stakeholders to challenge and strengthen risk management.

Skills

Financial crime expertise

Risk assessments

AML & sanctions knowledge

Leadership experience

Stakeholder engagement

Data analytics

Job description

Senior Manager - Financial Crime Risk Assessments

• Senior Manager - Financial Crime Risk Assessments

About the role

An exciting opportunity has arisen to join the Group Financial Crime Oversight team as Senior Manager - Financial Crime Risk Assessments, leading the development and delivery of the Group's Financial Crime Risk Assessment capability.

Sitting within the 2 nd Line Risk department, the Senior Manager - Financial Crime Risk Assessment will lead enterprise-wide financial crime risk assessments, customer risk assessments and third-party risk assessment methodologies across AML, sanctions and fraud. Working closely with senior stakeholders across the business, this key 2LoD role will provide oversight, challenge and insight to strengthen financial crime risk management and support regulatory compliance.

This is a team-led hybrid role with approximately one day per week in either of our fantastic Coventry or Manchester offices.

Our Benefits Include

• 28 days holiday plus bank holidays


• Annual discretionary bonus scheme


• Personal pension with matched contributions


• Life assurance (6x salary)


• Company car allowance


• Private Medical Insurance

About you

This opportunity will suit an experienced Financial Crime professional with strong technical expertise, analytical capability, leadership/management experience & stakeholder management skills. You will enjoy bringing data to life, making it informative to influence strategies & approaches.

For this role you'll need to have

• Significant Financial Crime experience within banking or within a similarly regulated financial services environment


• Strong expertise of financial crime risk assessments


• Knowledge of AML, sanctions and fraud risk management


• Leadership experience within a 2 nd line Risk or oversight environment


• Senior stakeholder engagement and influencing skills


• Experience using data, analytics and MI to support risk-based decisions

Experience in these areas would be helpful

• Enterprise-wide risk assessment methodologies


• Customer and third-party risk assessment frameworks


• Financial crime transformation activity


• Regulatory engagement and industry best practice

About us

In 2025, Coventry Building Society purchased The Co-operative Bank. Bringing together our purpose-led building society with the UK’s original ethical bank was the start of an exciting journey.

Trusted by over four million people, we’re a mutually owned business free from shareholders, and with our combined experience of almost 300 years, our ethics and dedication will continue to guide us. Together, we have shared values and an ethical approach towards our members, customers and colleagues.

We’re officially recognised as a ‘Great Place to Work’ and our benefits go beyond basic pay, with a discretionary bonus scheme, a culture of reward and recognition and comprehensive support for wellbeing.

We’re serious about equality, of race, age, faith, disability, and sexual orientation and we celebrate diversity. By working together, we know you’ll build more than just a career with us.

Flexibility and why it matters

We understand the need for flexibility, so wherever possible, we’ll consider alternative working patterns.Have a chat with us before you apply to see what the possibilities are for this role.

Proud to be a Disability Confident Committed Employer

We’re proud to offer an interview or assessment to every disabled applicant who meet the minimum criteria for our vacancies. As part of the application process, disabled applicants can opt in for the Disability Confident Interview Scheme. If there are ever occasions where it is not practicable to interview all candidates that meet the essential criteria, such as when we receive a high number of applications, we commit to interviewing disabled candidates who best meet the minimum essential and desirable criteria.

Coventry-Binley Business Park, Manchester

Full Time

Up to £98,000 per annum + Car Allowance + Excellent Benefits

Full Time

Up to £98,000 per annum + Car Allowance + Excellent Benefits

£25,725 pro rata'd (includes a 5% shift allowance)

£59,600 - £81,950 (Dependent on experience) plus £5,500 car allowance

£25,725 (Inclusive of a 5% shift allowance)