Description

Position Purpose:

This is a lead role responsible for advising on financial crime risk within the payments business. Candidates must have payments experience in a financial crime setting and be able to make risk-based decisions.

To manage financial crime risk in partnership with the first line of defence, providing expert advice and support on all matters related to financial crime, to ensure that the risk assessment is maintained.

Responsibilities:

• • To identify and manage financial crime risk related to new and existing business developments including: new business integration, client migration, new systems and process improvements
  • Responsible for collaborating with the business and providing quality, timely management information regarding ongoing financial crime risk exposure
  • To ensure effective communication regarding financial crime risk in new and existing business developments, building relationships and breaking down information silos
  • To act as a central point of contact and co-ordination for financial crime prevention risk queries from various stakeholders across the business

Qualifications:

• • A strong understanding of financial crime risk in regulated financial institutions, corporates and other business models
  • The ability to apply a risk based approach in practice, understand materiality and make risk based judgements
  • An understanding of the control frameworks required to mitigate financial and non-financial crime risks, including the analytical skills to processes which are needed to support these frameworks.
  • Previous experience of financial crime risk assessment, control improvement and process automation
  • Strong financial crime prevention technical knowledge and operational experience gained in a regulated environment
  • Knowledge of financial crime prevention regulations