Financial Crime Risk & Control Manager (1LoD)

Starling Bank; Manchester; Hybrid; GBP 40,000 - 80,000

Job description

Financial Crime Risk & Control Manager (1LoD)

1 day ago Be among the first 25 applicants

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 3,500 people across our London, Southampton, Cardiff and Manchester offices.

Our recruitment process: Interviewing is a two way process and we want you to have the time and opportunity to get to know us, as much as we are getting to know you! Our interviews are conversational and we want to get the best from you, so come with questions and be curious.

Closing date: Monday 31st March, 12pm.

Location: Cardiff, Manchester, London or Southampton. We look for colleagues to spend 10 days per month in the office.

About the role:

This is an exciting time to take the next step in your career and join Starling's growing First Line Risk team within Financial Crime Operations. This role will support the Head of Financial Crime Risk and Controls, and will lead a small team who form a key role in assisting the FinCrime leadership team with the overall management of risks and controls.

The ideal applicant would come with Risk Management experience within the banking sector (first or second line) as well as a proven history working within Financial Crime and or Fraud prevention. This is a great opportunity to lead a small team who make a big difference in Financial Crime risk management.

We are looking for someone who has passion and enthusiasm to get stuck in. You'll be a key point of contact across our large operational team, supporting the business with all things risk and controls related by building strong relationships to create and drive risk awareness in the first line.

Key activities that you will lead on:

• Driving the effective governance and management of financial crime risks in the 1LoD
• Providing Fin Crime risk and control knowledge in order for Starling to operate within its risk appetite.
• Partnering with Risk and Control Owners within Fin Crime to serve as a trusted advisor and create a culture of effective and consistent risk management, oversight and reporting.

Using insight and information from various factors this role will be responsible for ongoing monitoring of the 1LoD Fin Crime risk and control profile. Supporting all related activities including Risk and Control Self Assessments (RCSA), oversight of Issues and Actions along with close engagement with 2LoD assurance teams, Event Management, Fin Crime 1LoD monthly Risk Reporting and provision of training.

Key Accountabilities & Responsibilities include:

• Management of the Risk Controls Self Assessment (RCSA) process within Financial Crime Operations
• Working with Fin Crime 1LoD Risk and Control owners by providing advice, challenge and input on key decisions, ensuring Risk and Control owners are aware and accountable and enabling them to clearly articulate and manage their risk profile
• Working closely with the 2LoD Fin Crime Assurance team relating to report outcomes, findings and actions in order to identify the linkage to the Risks and Controls
• Oversight and management of Fin Crime 1LoD Issues and Op Events from identification, recording and ongoing monitoring to closure, including root cause analysis to ensure any control weakness is identified and rectified
• Oversight and challenge of the Fin Crime 1LoD risk and control environment, driving improvements to improve risk management
• Creating and implementing Fin Crime 1LoD Control testing plans
• Carrying out Fin Crime related control testing in order to test the design and operating effectiveness, reporting outcomes to Heads of Functions to ensure actions are agreed which allow control improvements to be completed where identified
• Design and management of Fin Crime 1LoD risk reporting, providing senior management with oversight of key themes, risks and issues for attention
• Maintenance of Fin Crime 1LoD records in the Governance, Risk and Control System
• Engaging with 2LoD, 3LoD and other key stakeholders on the development of policy, socialising within the 1LoD and overseeing embedding and adherence
• Awareness of regulatory principles and regulation changes that are on the horizon and/or that may be of interest relating to Fraud and Financial Crime.

Requirements

Behaviours & Competencies:

• Having the right people skills is key, this role requires a person who has the natural ability to build strong stakeholder relationships, lead, engage and maintain a high performance, inclusive and healthy culture
• An inquisitive and analytical mind will help you to really understand risks, controls, processes and whether our controls are working sufficiently to mitigate our risks, identifying control gaps & suggesting improvements
• A proactive approach to managing workloads and ‘can do' attitude, getting stuck in and supporting all related Fin Crime 1LoD issues that may need support and involvement from a 1LoD risk perspective.
• Ability to use initiative, taking ownership and seeing things through.

Skills & Experience:

• Knowledge and experience of non-financial risk management lifecycle and frameworks.
• Proven experience of working in Financial Crime/ Fraud either in a First or Second Line of defence roles, ideally within Financial Services
• Knowledge and experience of control monitoring and testing, Issues management and Governance reporting requirements
• A strong understanding of Money Laundering, Terrorist Financing and Payment of funds Regulations 2017, JMLSG and FCA FCG & FCA SYSC etc
• Competent in Google Suite products such as Docs and Sheets
• IRM qualification would be advantageous Good communication and people leader skills.

Benefits

• 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 & group income protection
• 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
• Incentives refer a friend scheme
• 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, Salary Sacrificed Gym partnerships and Electric Vehicle (EV) leasing.

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. When you provide us with this information, you are doing so at your own consent, with full knowledge that we will process this personal data in accordance with our Privacy Notice. By submitting your application, you agree that Starling Bank will collect your personal data for recruiting and related purposes. Our Privacy Notice explains what personal information we will process, where we will process your personal information, its purposes for processing your personal information, and the rights you can exercise over our use of your personal information.

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Finance and Sales
• Industries
• IT Services and IT Consulting