Assistant Manager- Financial Crime Operations (FTC-perm)

THE COMPANY:

Our client is a successful retail and corporate banking firm. They are looking to hire an Assistant Manager- Financial Crime Operations.

THE RESPONSIBILITIES:

• Manage the Financial Crime Operations team, ensuring timely and accurate handling of all screening and monitoring alerts and fraud tickets.
• Provide guidance, mentoring, and training to the team
• Oversee the end-to-end process of sanctions and name screening
• Manage the live payment screening process, ensuring real-time review of alerts and escalation of potential sanctions breaches or suspicious activity.
• Conduct reviews of sanction screening and high-risk payment alerts, ensuring appropriate escalation and documentation.
• Oversee transaction monitoring alerts
• Review alert scenarios and thresholds for effectiveness;
• Support implementation of enhanced fraud monitoring controls
• Support the review and verification of customer onboarding and CDD files for high-risk customers.
• Participate in ongoing monitoring of customer activity and trigger events, ensuring compliance with AML and CTF standards.
• Provide feedback and guidance to the onboarding and compliance teams on CDD quality and risk indicators.
• Coordinate with IT and external vendors to support the successful implementation of new models and system upgrades.
• Maintain Management Information (MI)
• Prepare periodic reports and updates
• Compose financial crime updates for internal communication
• Participate in cross-functional working groups, audits, and regulatory reviews
• Lead or support ad-hoc projects and initiatives

EXPERIENCE REQUIRED:

• Strong understanding of UK Sanctions and Fraud regulatory frameworks, including FCA, PRA, OFSI, NCA, and ICO requirements.
• Knowledge of financial crime systems, including transaction monitoring and sanctions screening tools.
• Practical understanding of retail banking products ideally
• Analytical skills with ability to interpret complex transactions and identify red flags.
• Experience with risk-based approaches to financial crime prevention.
• Excellent written and verbal communication skills, including report drafting for senior management and Board-level committees.

For further information please contact Natalie Eshelby