Senior Money Laundering Liaison Officer - Payments Team

Virgin Money; Glasgow; Hybrid; GBP 39,000 - 49,000; Full time

Job summary

A leading financial institution is seeking an enthusiastic individual to join the Payment Sanctions Team within Financial Crime Ops. The candidate will provide support to management and act as a subject matter expert on Financial Crime regulations, specifically in Payment Sanctions. Responsibilities include advising on compliance processes and ensuring adherence to regulatory requirements. This is a hybrid role based in Glasgow, with generous benefits including extensive leave and medical coverage.

Benefits

38.5 days annual leave

Up to five paid well-being days

20 weeks paid parental leave

Market-leading pension

Free private medical cover

Flexible benefits program

Qualifications

• Extensive experience working within the domain of Financial Crime.
• Strong product knowledge and regulatory understanding specific to Sanctions.
• Ability to manage and prioritize workloads.

Responsibilities

• Support management and colleagues on Financial Crime regulations.
• Advise operations teams on compliance processes.
• Be a subject matter expert on Financial Crime requirements.

Skills

Experience in Financial Crime

Knowledge of Sanctions Regulations

Effective communication skills

Analytical thinking

Education

Financial Crime qualification (e.g., ICA Certificate)

Job description

Overview

Business Unit: Payment Sanctions Team Financial Crime Ops

Salary Range: 39200 - 49000 per annum DOE Benefits

Location: UK Hybrid

Contract type: Permanent full-time

Our team

Weve got a brilliant opportunity for an enthusiastic and motivated person to join our team in Payment Sanctions within Financial Crime. The position entails supporting the management team as well as being a subject matter expert to support colleagues responsible for covering Payment Sanctions Team.

The role supports the delivery of core department objectives and includes product and policy knowledge of; Payments (end to end process) Sanctions Regulations as well as providing specialist advice to Operations the Store Network and customers directly.

Youll play a key part in the banks financial crime agenda by providing guidance and support to colleagues from various business areas.

What youll be doing

• Acting as first point of contact across the team to support management and colleagues regarding the interpretation of Financial Crime Regulation & Policy including liaison with the 1st Line Advisory the EC Hub and 2nd Line Risk.
• Offering advice & guidance to operations teams and wider bank on executing processes & procedures to be compliant.
• Providing advice & guidance (acting as Subject Matter Expert) on all Virgin Money Change programmes as department rep impact assessing the proposals ensuring that FC requirements are clear & in-scope liaison for Payments Sanctions Team and different Payment / EC Ops teams.
• Being a subject matter expert in Financial Crime requirements (specifically Sanctions) and tools available in the industry to support our requirements.
• Ensuring the procedures and practices of the operation are within VM Policy and within regulatory requirements guidelines and industry good practice.
• Driving continuous improvement facilitating and implementing change and drive uplift of capability.
• Regularly testing controls and contingency processes assisting management with maintaining RCSA and for the department reporting any failures and escalating risks through the appropriate channels.

We need you to have

• Extensive experience working within the domain of Financial Crime and ideally have worked within either a Payments Filtering or Payments Operations role.
• Strong product knowledge and financial crime regulatory knowledge specifically Sanctions related.
• An ability to manage and prioritise your own workloads alongside assisting colleagues to review and interpret complex information.
• Effective communication and influencing skills to drive the most effective outcomes and have experience of managing relationships with stakeholders especially at a senior level.
• A strong understanding of risk and how we manage this as a bank particularly within Sanctions - being analytical in nature will be crucial in the role.
• Sound decision-making abilities with a proven track record of resolving complex customer queries effectively and efficiently.
• Good knowledge of Payments and the end-to-end journeys.
• Successful track record of deputising for team manager and supporting team.

Its a bonus if you have but not essential

• Experience of AML Prevention Detection or Investigation system.
• A track record in successfully supporting multi-functional teams.
• Have or working towards a Financial Crime qualification e.g. ICA Certificate in Anti Money Laundering or equivalent.

Red Hot Rewards

• Generous holidays - 38.5 days annual leave (including bank holidays and prorated if part-time)plus the option to buy more.
• Up to five extra paid well-being days per year.
• 20 weeks paid gender-neutral family leave (52 weeks in total) for expectant parents and those looking to adopt.
• Market-leading pension.
• Free private medical cover income protection and life assurance.
• Flexible benefits include Cycle to Work wellness and health assessments and critical illness.
• And theres no waiting around youll enjoy these benefits from day one.

Say hello to Virgin Money

Virgin Money is so much more than just a bank. As part of theNationwide grouptogether were the UKs first full-service mutual bank serving millions of retail and business customers and all driven by our purpose ; Banking but fairer more rewarding and for the good of society. With us youll be part of an organisation uniquely positioned to make a difference to the lives of customers communities and broader society and embark on a collaborative customer obsessed and fun-filled career journey. Embrace the weekdays enjoy fantastic perks and make a meaningful positive difference. Time to discover what it means to be part of the first mutual full-service banking provider.

Be yourself at Virgin Money

At Virgin Money we celebrate everyone. We have fun think big and relentlessly include each other all in pursuit of our purpose : Banking but fairer more rewarding and for the good of society. Were committed to creating an inclusive culture where colleagues feel safe and inspired to contribute speak up and be heard.

As a Disability Confident Leader were committed to removing any obstacles to inclusion. If you need any reasonable adjustments or support making your application contact our Talent Acquisition team

Please note

If we receive a high volume of eligible applications we may need to prioritise candidates whose skills and experience most closely align with the role while still ensuring fair and equitable consideration for all applicants.

Now the legal bit

Although some of our roles allow you to be based anywhere in the UK well need you to confirm you have the right to work in the UK.

If youre successful in securing a role with us there are some checks you need to complete before starting. These include credit and criminal record checks and three years worth of satisfactory references. If the role is part of the Senior Manager Regime and Certification Regime it requires enhanced pre-employment checks well ask for six years of regulatory references and once in the role youll be subject to periodic employment checks.

Required Experience :

Senior IC

Key Skills

Google Analytics,Fund Management,Apparel,Bus Driving,Banquet Server

Employment Type :

Full-Time

Experience :

years

Vacancy :

1

Yearly Salary Salary : 39200 - 49000