Job Description
Join us as an Economic Crime Lead
You'll be leading a team who make sure our business strategy is compliant with financial crime policy, external laws and regulations
You’ll support us directly in preventing financial crime, while taking a pivotal role in influencing, networking and collaborating with a diverse group of stakeholders
It's an opportunity to be part of a transformational and challenging role, providing advice and oversight over the retail bank and associated programmes as it evolves
What you’ll do
As an Economic Crime Lead, you’ll act as strategic partner to the NatWest Holdings (NWH) Directors of Risk and will be the primary interface for relevant first line of defence teams for Financial Crime and Fraud. You'll also provide financial crime policy advice, oversight and constructive challenge to demonstrate adherence to Financial Crime Policy across NWH aligned to Retail Banking.
Throughout the course of your work, you’ll be building relationships with the business, delivering advice on transactions, customers or situations that involve financial crime matters. Alongside which, you’ll support and mentor your colleagues and oversee an effective approach towards development and training, succession planning and talent management.
Additionally, you’ll:
Oversee the development and implementation of risk and control mechanisms for the business, independently managing and challenging the effective management of risks and controls within agreed risk appetites
Make sure that the business addresses financial crime risk concerns within the management of their customer, geographic and product portfolio life-cycle
Make sure that a stable and effective governance structure is in place for the Financial Crime function with the appropriate forums, MI and escalation routes
Oversee the adherence to the bank’s global financial crime standards
Direct and advise the team to maintain the effective oversight of financial crime risk frameworks and systems and controls
The skills you’ll need
We’re looking for someone with a blend of technical, strategic, regulatory and leadership skills. You'll bring a deep understanding of the financial services industry, along with a robust and broad understanding of financial crime risk management principles and regulatory framework. You’ll need technical expertise of UK Regulatory framework in relation to Financial Crime including Anti Money Laundering, Sanctions, Anti-Tax evasion and Anti Bribery & Corruption, with the ability to guide and influence senior business representatives on related matters.
It’s also crucial that you have the leadership skills to empower teams to actively challenge how we do things.
You’ll also need:
The ability to deliver oversight activity which can serve as indelible evidence to regulators that financial crime risks have been identified within target processes
A technical qualification in Financial Crime
Proficiency in using data to support effective financial crime oversight
Practical experience in financial crime as a discipline and extensive experience in applying financial crime expertise, risk-based approaches and an understanding of the regulatory landscape and requirements
Knowledge of the regulatory environment, frameworks and broader risk disciplines
The ability to influence Executive level decisions and regulatory engagement
Strong stakeholder management, written and communications skills
The ability to enable the safe delivery of change at pace
You'll be leading a team who make sure our business strategy is compliant with financial crime policy, external laws and regulations
You’ll support us directly in preventing financial crime, while taking a pivotal role in influencing, networking and collaborating with a diverse group of stakeholders
It's an opportunity to be part of a transformational and challenging role, providing advice and oversight over the retail bank and associated programmes as it evolves
What you’ll do
As an Economic Crime Lead, you’ll act as strategic partner to the NatWest Holdings (NWH) Directors of Risk and will be the primary interface for relevant first line of defence teams for Financial Crime and Fraud. You'll also provide financial crime policy advice, oversight and constructive challenge to demonstrate adherence to Financial Crime Policy across NWH aligned to Retail Banking.
Throughout the course of your work, you’ll be building relationships with the business, delivering advice on transactions, customers or situations that involve financial crime matters. Alongside which, you’ll support and mentor your colleagues and oversee an effective approach towards development and training, succession planning and talent management.
Additionally, you’ll:
Oversee the development and implementation of risk and control mechanisms for the business, independently managing and challenging the effective management of risks and controls within agreed risk appetites
Make sure that the business addresses financial crime risk concerns within the management of their customer, geographic and product portfolio life-cycle
Make sure that a stable and effective governance structure is in place for the Financial Crime function with the appropriate forums, MI and escalation routes
Oversee the adherence to the bank’s global financial crime standards
Direct and advise the team to maintain the effective oversight of financial crime risk frameworks and systems and controls
The skills you’ll need
We’re looking for someone with a blend of technical, strategic, regulatory and leadership skills. You'll bring a deep understanding of the financial services industry, along with a robust and broad understanding of financial crime risk management principles and regulatory framework. You’ll need technical expertise of UK Regulatory framework in relation to Financial Crime including Anti Money Laundering, Sanctions, Anti-Tax evasion and Anti Bribery & Corruption, with the ability to guide and influence senior business representatives on related matters.
It’s also crucial that you have the leadership skills to empower teams to actively challenge how we do things.
You’ll also need:
The ability to deliver oversight activity which can serve as indelible evidence to regulators that financial crime risks have been identified within target processes
A technical qualification in Financial Crime
Proficiency in using data to support effective financial crime oversight
Practical experience in financial crime as a discipline and extensive experience in applying financial crime expertise, risk-based approaches and an understanding of the regulatory landscape and requirements
Knowledge of the regulatory environment, frameworks and broader risk disciplines
The ability to influence Executive level decisions and regulatory engagement
Strong stakeholder management, written and communications skills
The ability to enable the safe delivery of change at pace
💡 Quick Summary
Seeking a career-building opportunity? The Economic Crime Lead position is now open for candidates interested in the Bank Jobs sector. This role in Manchester offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.