Financial Crime Assurance Lead
Financial Crime Assurance lead
Excellent Interim opportunity within Global Bank for a Financial Crime Assurance lead. The assurance team’s purpose is to provide reliable, valued assurance to the Group Head of Compliance (Group Principal Risk Owner) over compliance in relation to the application of particular internal rules policies, external regulations, and, where applicable, local laws and restrictions pertaining to Regulatory Compliance and Financial Crime.
The core responsibility of an Assurance Test Lead is to plan, execute and manage assurance reviews to delivery in accordance with the Banks 2013 Assurance Plan Refresh.
Plan and scope Financial Crime assurance reviews (‘independent’ assessments of the effectiveness efficiency of Sanctions, AML and ABC Compliance-owned and operated controls) including preparation of the scoping document, in conjunction with the relevant SME within the organisations Compliance, relevant Group Policy Owner or delegate.
Understand the processes, risk and controls within scope. Prepare and review key documentation covering scoping, process understanding, risk control identification, control evaluation and observations/report.
Manage the assurance review to ensure that relevant data feeds, risks and controls have been identified, appropriate test strategies and sample sizes have been adopted in line with method and the compliance of processes and the screening tool in meeting relevant policy requirements have been assessed.
Essential Experience Required
Internal Audit or External Assurance experience
Deep experience in Financial Crime, Conduct and risk/control activities or internal/external audit background.
Financial services industry with general understanding of the UK governance, financial crime, regulatory framework, of recent developments and expected changes.
Flexibility to travel and conduct, by exception, Non-Financial Crime/ Conduct Risk assurance work (up to 50% may be required – domestic overseas)
Direct practical line experience in governance, financial crime, or compliance/ conduct risk function.
Specialist knowledge of governance, financial crime, corporate secretariat, law or regulation.
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