Description
Financial Crime Manager - Edinburgh
Assistant Financial Crime Manager - Scotland
Commercial Banking - Edinburgh
An exciting opportunity has arisen within the Investigations team of a leading British Bank's Commercial Banking Control Function (CBCF). The CBCF Investigations Team is responsible for monitoring, investigating, and when appropriate, reporting suspicious financial activity. This team of specialists perform a critical role in ensuring that Commercial Banking fraud and financial crime risks are offset and countered through the investigation of money laundering and terrorist financing, fraud, and other criminal activity.
The successful Financial Crime Manager will:
Develop, implement and oversee transaction monitoring rules, reports, and other products designed to identify activity potentially indicative of criminal behaviour.
Investigate potentially suspicious financial activity at individual, customer, transactional or thematic levels.
Understand business activities, strategy and Financial Crime risk priorities and work with senior management to design and implement a best practice control framework to enable the proactive monitoring and reporting of fraud and financial crime risks and issues
Understand and interpret Group Fraud & Financial Crime Policy in order to challenge and support risk and control assessments or waiver submissions
The ideal Financial Crime Manager will have demonstrable experience of:
Commercial businesses, products and processes, and the key fraud and financial crime risks to which these businesses are exposed is desirable
Understanding of financial crime risk management and familiarity with relevant fraud and anti money laundering policies
Understanding the UK proceeds of crime legislation associated AML regulation and guidance and SAR filing (consent and intelligence) processes.
Conduct and manage day to day operations of AML Investigations within defined time frames
Drafting, reviewing and issuing investigation reports, with sound commercial rationale and recommendations in compliance with legal and statutory instruments
Experience in applying Anti Money Laundering policy and practice, preferably gained within the commercial banking sector.
Understanding of risk assessment processes for complex company structures with high risk entities
Knowledge of Sanctions processes and investigations
Please submit your CV ASAP as the client will be reviewing CVs on Monday!
Financial Crime, Fraud, first line of defence, intelligence investigations, Transaction Monitoring, Actimize, Net Reveal, investigations, national intelligence mode, COM, OCIS, GTSC, Financial intelligence, anti money-laundering, commercial banking