Senior Financial Crime Manager Head of - Broster Buchanan Ltd : Job Details

• Fantastic salary and company benefits.
• Hybrid and flexible working.
• A 'Head of' role with superb exposure and continued progression.

Key Responsibilities Strategic Oversight and Program Development

• Lead the development and implementation of the company’s financial crime strategy, including AML, CTF, sanctions, anti-bribery, and fraud programs.
• Continuously assess, refine, and enhance existing financial crime policies and procedures to ensure regulatory compliance and address emerging threats.
• Provide expert guidance on best practices for financial crime prevention and help shape company-wide risk culture.

Risk Assessment and Management

• Conduct regular and ad-hoc risk assessments to identify potential areas of vulnerability in financial crime and develop strategies for risk mitigation.
• Monitor key regulatory and industry trends to proactively update the risk framework and keep the organization compliant with current and future laws and standards.
• Oversee the analysis and management of customer and transactional risk, including high-risk customer screening, due diligence, and enhanced due diligence processes.

Investigation and Monitoring

• Manage complex investigations into financial crime cases, including suspected money laundering, fraud, or sanctions breaches, from identification through to resolution.
• Collaborate with teams to monitor transactions for suspicious activity and ensure efficient reporting of suspicious activity reports (SARs) to regulatory bodies as required.
• Oversee the transaction monitoring and screening processes, providing recommendations for optimization and improvement.

Stakeholder Engagement and Training

• Act as the primary point of contact for regulatory bodies, auditors, and other external stakeholders on financial crime matters.
• Lead training programs on financial crime prevention for employees across the organization, promoting awareness and a strong compliance culture.
• Work closely with business units, compliance, and risk teams to support new product initiatives and ensure they align with financial crime risk standards.

Leadership and Team Development

• Manage and mentor a team of financial crime professionals, fostering their growth and ensuring high performance and engagement.
• Provide clear direction and support for the team, encouraging innovative thinking and solutions to complex problems.
• Allocate resources effectively within the team to respond to financial crime risks, investigations, and regulatory requests efficiently.