Economic Crime Manager

Hello, we're Starling. We built a new kind of bank because we knew technology had the power to help people save, spend and manage their money in a new and transformative way. We're a fully licensed UK bank with the culture and spirit of a fast-moving, disruptive tech company. We're a bank, but better: fairer, easier to use and designed to demystify money for everyone. We employ more than 3,000 people across our London, Southampton, Cardiff and Manchester offices.

Whilst we are a fully licensed UK bank, we have the culture and spirit of a fast-moving, disruptive technology company and are obsessed with providing our customers with the best banking app and money management experience around.

Everyone at Starling gets the chance to own interesting things from day 1, and we're told one of the best things about working here is the ability to achieve a lot in a short space of time.

We are seeking a highly motivated and experienced Economic Crime Manager to join the Bank's Economic Crime Risk team. In this role, you will be responsible for ensuring the bank's compliance with all relevant legislation and regulations relating to economic crime. You will conduct risk assessments, develop and implement policies and procedures, and provide training and guidance to staff on economic crime prevention and detection. Your strong analytical skills, attention to detail, and ability to effectively communicate with internal and external stakeholders will be crucial to success in this challenging and rewarding role. You will ensure that internal practices comply with regulation, are carried out in line with procedure, compliment our values, and deliver fair outcomes to our customers. 

Responsibilities of the role will include:

• Provide ongoing and ad-hoc technical support on Economic Crime queries, both from internal and external stakeholders.
• Automated and Manual control design, remediation, assurance and testing. 
• Undertaking end to end Thematic reviews on Economic Crime risk areas.
• Regulatory reporting.
• Liaising with Law Enforcement on complex / sensitive enquiries.
• Collation of and preparation of MI for committee reporting.
• Development and implementation of the Bank's financial crime framework and policies, including effective oversight of the policy governance and escalations processes.
• Horizon Scanning for any relevant regulatory changes, carrying out gap and business impact analysis.
• Communicate effectively with internal stakeholders, including senior management, business units, and compliance teams, and with external regulators and law enforcement agencies.

• Strong experience in Financial Crime Compliance in a UK regulated environment.
• Subject matter expertise across financial crime risk types (AML / CTF / Sanctions)
• Extensive understanding of UN, UK, EU and US Sanctions legislation to appropriately manage sanctions risk.
• A robust and broad understanding of financial crime risk management principles,framework and methodologies.
• Experience of policy and process writing, advice and assurance.
• Knowledge of sectoral guidance, as issued by JMLSG and Wolfsberg Group.
• Experience with the UK SAR regime and SAR reporting. 
• The ability to work with full autonomy whilst keeping aware of any need for escalation to senior stakeholders.
• Demonstrable experience in undertaking and assessing as part of 2nd line oversight.
• Good interpersonal skills with the ability to build and maintain positive relationships and communicate both verbally and in writing with all levels across the organisation and externally.
• Extensive knowledge and technical experience in the application of:

-The Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017

-The Proceeds of Crime Act 2002

-UN/EU/OFSI/OFAC sanctions regimes

• 25 days holiday (plus take your public holiday allowance whenever works best for you)
• An extra day's holiday for your birthday
• Annual leave is increased with length of service, and you can choose to buy or sell up to five extra days off
• 16 hours paid volunteering time a year
• Salary sacrifice, company enhanced pension scheme
• Life insurance at 4x your salary
• Private Medical Insurance with VitalityHealth including mental health support and cancer care. Partner benefits include discounts with Waitrose, Mr&Mrs Smith and Peloton
• Generous family-friendly policies
• Perkbox membership giving access to retail discounts, a wellness platform for physical and mental health, and weekly free and boosted perks
• Access to initiatives like Cycle to Work and Salary Sacrificed Gym partnerships

About Us

You may be put off applying for a role because you don't tick every box. Forget that! While we can't accommodate every flexible working request, we're always open to discussion. So, if you're excited about working with us, but aren't sure if you're 100% there yet, get in touch anyway.

We're on a mission to radically reshape banking - and that starts with our brilliant team. Whatever came before, we're proud to bring together people of all backgrounds and experiences who love working together to solve problems.

Starling Bank is an equal opportunity employer, and we're proud of our ongoing efforts to foster diversity & inclusion in the workplace. Individuals seeking employment at Starling Bank are considered without regard to race, religion, national origin, age, sex, gender, gender identity, gender expression, sexual orientation, marital status, medical condition, ancestry, physical or mental disability, military or veteran status, or any other characteristic protected by applicable law.

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