Role Overview

The Global Financial Crime Compliance team comprises c.20 full time staff based in London, New York, and Chicago, supported by a further c.7 (FTE) staff based in other international offices. We are a small team covering the full breadth of financial crime risk management and across the Firm’s broad and growing product and geographical range. As such, we look for new hires who have the aptitude to work across the breadth of activities a financial crime compliance function performs.

The Financial Crime Compliance (FCC) function forms part of the Second Line of Defence in the Firm’s Three Lines of Defence model. FCC is responsible for designing and maintaining a robust financial crime prevention framework that (i) manages our financial crime risk in line with our risk appetite (ii) meets legal and regulatory obligations in all the jurisdictions in which we operate and (iii) harnesses industry practice and standards. As part of its role, FCC provides oversight and challenge of First Line of Defence’s financial crime risk management activities and associated systems and controls.

The Financial Crime Compliance Business Change Manager is responsible for leading the FCC due diligence process for acquisitions and material business change initiatives, ensuring the Firm understands the target entity’s product offering, business activities and can assess the financial crime risk footprint prior to execution. This role operates pre acquisition / pre implementation and works closely with the Financial Crime Compliance Controls Manager (who is responsible for post acquisition integration) to define post go-live requirements, and support a structured handover into the integration phase.

Responsibilities

• Lead FCC due diligence for acquisitions and material business change, including scoping, planning and executing time sensitive assessments to support decision making and governance. This may include: assessing the target entity’s customer base and distribution model; understanding products, services, delivery channels and transactional flows; understanding geographic footprint; assessing effectiveness of the financial crime control framework; identifying material gaps and recommending remediation.
• Execute and document a holistic financial crime risk review of a target entity / proposed change, referencing AML, CFT, Proliferation Financing, Tax Evasion, Sanctions, ABC and Fraud where applicable.
• Produce clear due diligence outputs (e.g. findings log, and decision papers).
• Recommend strategic initiatives to streamline the financial crime control framework post-acquisition / post-business change for handover to the Financial Crime Compliance Controls Manager.
• Meticulously track multiple change projects and due diligence workstreams in time sensitive conditions, maintaining action trackers and escalating material risks and issues to FCC Leadership.
• Partner with Technology and data stakeholders to understand the target entity’s systems landscape and data availability for financial crime purposes.
• Liaise with internal stakeholders across Transformation and Change, Legal, On Boarding, IT, Compliance and Risk.
• Assess Financial Crime Compliance considerations arising from proposed business change and advise on required controls, governance, and approvals.
• Document the FCC acquisition / business change due diligence process for governance, oversight and auditability.
• Coordinate with the Financial Crime Compliance Controls Manager to ensure due diligence findings translate into a deliverable, prioritised integration project plan.

Skills & Experience

• Approx 7 years’+ Financial Crime experience in financial services, preferably in Commodities and/or Global Markets
• Experience undertaking FCC due diligence for acquisitions and/or material business change
• Demonstrable ability to understand a target entity’s product offering, customer base, geographies and delivery channels
• Able to display judgement and understanding of core financial crime risk concepts
• Experience working in a regulated environment and knowledge of risk and compliance requirements
• Meticulous attention to detail
• Exceptional written skills
• Organised and methodical, with ability to manage multiple concurrent activities
• Stakeholder management skills
• Strong understanding of financial crime risks and controls (across AML, CFT, Sanctions, ABC etc.)
• Willing to develop strong understanding of complex product offerings across commodities and global markets
• Open to robust challenge
• Execution focused with high levels of personal effectiveness
• Proficient in Microsoft Excel and other tooling

Competencies

• A collaborative team player, approachable, self-efficient and influences a positive work environment.
• Demonstrates curiosity.
• Resilient in a challenging, fast-paced environment.
• Excels at building relationships, networking and influencing others.
• Strategic collaborator with insight and agility.

[Employer hidden — sign up to reveal] is fully committed to being an inclusive employer and providing an inclusive and accessible recruitment process for all. We will provide reasonable adjustments to remove any disadvantage to you being considered for this role. We value the differences that a diverse workforce brings to the company. We welcome applications from candidates returning to the workforce. Also, [Employer hidden — sign up to reveal] is committed to avoiding circumstances in which the appearance or possibility of conflicts of interest may exist within the hiring process.

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