Financial Crime Manager

At United Trust Bank, we believe that people achieve more together than alone. That’s why we’re dedicated to building great relationships, offering tailored solutions, and providing our clients and broker partners with the support they need to go further. This was true when we first opened our doors, and it’s still our approach today.

We are looking to hire a Financial Crime Manager on a 12 month Fixed Term Contract who will undertake, and provide oversight of, key financial crime prevention and detection activities in line with UTB’s risk appetite and financial crime policies and procedures.

This is a hybrid role working 3 days in the office (City of London location) and 2 days working from home.

Responsibilities:

• Maintaining and executing the Financial Crime Monitoring Plan
• Undertaking thematic monitoring reviews, including testing, reviewing the severity of any issues identified, report writing and designing remedial actions
• Managing, overseeing and reviewing the testing and grading of quality assurance reviews
• Proposing actions to address root causes and identifying opportunities through monitoring work to support the improvement of processes and procedures
• Assessing, devising, recommending and implementing enhancements to Financial Crime controls across the Bank
• Ensuring regulatory requirements are being met and applied across a number of financial crime areas, including Anti-Money Laundering (AML), Fraud, Sanctions, Anti-Bribery and Corruption (ABC) and Anti-Tax Evasion
• Ongoing assessment and identification of the Bank’s Financial Crime Risks
• Completion of Financial Crime Management Information reporting as required
• Ensure effective and timely horizon scanning, providing guidance to the business on papers/guidance and regulatory change
• Preparing and supporting the Head of Financial Crime to deliver Financial Crime Training for employees across UTB
• Supporting and working with other Financial Crime Managers within the department to deliver departmental objectives as requested by the Head of Financial Crime

Skills and Experience sought:

• Current knowledge of money laundering, sanctions, fraud, bribery and corruption and market abuse laws/regulations
• Good understanding and knowledge of JMLSG
• Sound knowledge of AML Risk Based Approach concepts
• Knowledge of the regulatory and legislative requirements and industry practice for financial crime
• Experienced in testing, sampling and assuring processes and controls to mitigate risk
• A strong understanding of regulations and legislations relating to AML/CTF (Anti-Money Laundering/Counter-Terrorist Financing), Fraud ABC and Sanctions
• International Compliance Association Financial Crime qualification desirable, or equivalent professional qualification
• Line management experience
• Experienced in financial crime monitoring tasks, including written thematic reports

Equal Opportunity Statement

We're an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. During the application process, you will be asked to complete an equality questionnaire on a voluntary basis and any data we collect will be treated confidentially and used for evaluation purposes. This will be for a period of 6 months or longer with your permission. This helps us understand our applicants so we can make sure we are doing everything we can to attract a diverse range of people and ensure our recruitment processes are fair and inclusive.