Vice President – Financial Crime Screening

Black Turtle; Hyderabad; On-site; INR 2,500,000 - 3,500,000; Full time

Job summary

A financial services firm seeks a Vice President for Financial Crime Screening in Hyderabad, India. This role involves providing strategic risk guidance and oversight on financial crime controls. Candidates should have strong expertise in financial crime within global institutions and excellent communication skills. This position offers a competitive salary and significant responsibilities within the firm.

Qualifications

• Strong expertise in financial crime screening within a global Financial Institution.
• Active interest in geopolitical and financial crime risks.
• Knowledge of operational risk is highly desirable.

Responsibilities

• Provide risk steward advice across multiple teams.
• Support implementation of a consistent framework.
• Manage relationships with key internal stakeholders.

Skills

Financial Crime subject matter expertise

Technical skills in compliance systems

Strong communication skills

Understanding of financial crime regulatory frameworks

Job description

Vice President – Financial Crime Screening

Principal responsibilities:

– The following principal accountabilities are aligned to the Financial Crime Services and Processes Model.

– Provide risk steward advice to specialists across Group Financial Crime, Global Businesses, Group Financial Crime Detection, Group Digital Enablement, Regional FC, and countries (where required).

– Support implementation of a consistent and effective approach to the framework across globally.

– Provide effective oversight at the group level in relation to controls, reporting, risks, issues and actions across globally.

– Execute effective information sharing in relation Screening controls, reporting, risks, issues and actions across Group Financial Crime, Global Businesses, Group Financial Crime Detection, Group Digital Enablement, Regional FC, countries (where required).

– Facilitate the setting and application of global standards set through Global FC Policy or broader Non-Financial Risk standards in relation to the FC programme and framework.

– Meet strategic objectives in relation to the Group FC programme and framework.

– Act as the primary interface within Group FC risk discipline on screening-related matters.

– Update the Group Heads of AML, Sanctions and FC Detection, as well as relevant risk committees on Group FC-screening related risk stewardship matters across the FC framework.

– Manage relationships with key internal stakeholders up to and including executive management across Group Financial Crime, Global Businesses, Group Financial Crime Detection, Group Digital Enablement, Regional FC and markets.

Qualifications – External:

– Strong FC subject matter expertise within a global Financial Institution, with a focus on screening but having a wider Financial Crime subject matter expertise is highly desirable.

– An active interest in FC as a subject matter, with a particular focus on geo-political, sanctions, terrorist financing, proliferation financing and money laundering risks.

– Strong technical skills, including expertise in any number of compliance systems used for screening.

– Experience and / or strong understanding of financial crime risk stewardship and associated responsibilities.

– Knowledge of the domestic and global financial crime regulatory frameworks and up to date knowledge of the FC risks and typologies in retail, private and wholesale banking.

– Strong written and verbal communication skills are required.

– A background or strong understanding of operational risk is highly desirable.

– Experience of dealing effectively with senior management.

– Forward looking and business oriented, able to operate effectively and to prioritise competing demands between risk management and operational effectiveness, whilst remaining focused on delivery of desired outcomes.,