Compliance and Financial Crime Officer

Our well-established financial services client is at the start of an exciting journey on the transformation agenda and is looking for a Compliance and Financial Crime Officer to join the Risk and Compliance Team. It’s safe to say that no day is the same in the Risk and Compliance Team. If you are looking for a role that will provide variety and give you exposure and experience to many different facets of Compliance and Financial Crime, then look no further. In a nutshell, the role involves being a trusted adviser to the operational teams, providing expert regulatory advice, support and guidance, and being key in mitigating against financial crime.

Responsibilities of the Compliance and Financial Crime Officer

• Assisting with the development of plans, policies, procedures and systems to ensure the department achieves its objectives in relation to conduct risk and treating customers fairly, compliance with the FCA Handbook and relevant sourcebooks (including, but not limited to PRIN, MCOB, BCOBS, DISP and PERG), data security, data protection, complaints, financial crime, and any other regulation/guidance as required.
• Assisting with the interpretation of regulation/legislation to provide advice, support, and guidance to the Compliance Team and to the wider business in the implementation of regulatory/legal requirements to ensure full compliance.
• Oversight and approval of financial promotions, marketing, and non-marketing literature.
• Ensuring that regulatory requirements in respect of Anti Money Laundering (AML) and Countering Terrorist Financing (CTF) are complied with.
• Carrying out and assisting in the recording, monitoring, and reporting of all activities associated with Financial Crime (including AML/CTF and Fraud).
• Assisting the Risk and Compliance Executive and the Compliance Manager on internal and external fraud investigations.
• Deputising for the Compliance Manager.
• Enhancing existing financial crime processes, identifying efficiencies with consideration of the future business requirements and technological innovations.

Requirements of the Compliance and Financial Crime Officer

• Previous experience in a similar role, such as 1st line quality assurance, 2nd line oversight, internal audit, or a financial crime-related role in a Financial Services environment.
• An in-depth understanding of Financial Services products, including mortgages and savings.
• Knowledge of the FCA Handbook and relevant sourcebooks.
• The ability to interpret and implement regulation/legislation.

In return, an excellent benefits package and an active social and community agenda (2 paid days per year for community work).