We have a great opportunity for a passionate, knowledgeable, and motivated person to join the Economic Crime Risk Policy & Training team. Our team is responsible for writing and maintaining the Economic Crime policies and standards, the content of the bank-wide Economic Crime mandatory training, maintaining and refreshing the bank-wide Economic Crime training strategy, and identifying and assessing any upcoming legislative or regulatory changes that could impact the economic crime control framework.

The Role:

• Completing impact assessments and/or gap analysis on upcoming legislative or regulatory changes impacting the Economic Crime policies and standards, in addition to attending any relevant industry & change meetings and providing updates across the Bank including providing executive summaries via Economic Crime governance forums.
• Maintaining policies and standards (AML/CTF/CPF & Sanctions, ABC and FoTE), reviewing proposed changes to determine feasibility taking into consideration potential legal/regulatory requirements, supporting the Economic Crime Policy Manager through the consultation and governance process
• Have oversight of mandatory Economic Crime eLearning modules and make recommendations on changes to the Head of Economic Crime Policy & Training
• Performing oversight and support on role-specific training (led by 1LOD EC Hub) including reviewing course content and providing SME input
• Triage queries from 1LOD EC Hub, 2LOD Economic Crime Risk (Advisory & Oversight, Assurance, Governance & Insights, Nominated Officer team) providing informed and concise responses using the policies, standards, and your own economic crime regulatory knowledge.
• Support in impact assessing non-regulatory/legislative changes identified via horizon scanning, directing to the appropriate audience
• Reviewing and concurring with exceptions (exemptions and dispensations) derived from policy gap analysis activity.
• Acting as a delegate for Economic Crime Policy Manager or Head of Economic Crime Policy & Training at governance, change, and other internal meetings where required.

Candidate:

• Experience & knowledge of how Economic Crime legal, regulatory and industry guidance requirements are transposed into internal policies, procedures, and controls.
• A very good understanding of Economic Crime (particularly AML/CTF/CPF & Sanctions, ABC and FoTE).
• Excellent communication and report-writing skills.
• Experience of working in a similar risk related role.
• Track record of internal and external stakeholder management.

Its a bonus if you have but not essential:

• Financial services qualification, e.g., ICA, or equivalent experience.
• Knowledge of the banks products (E.g Slice), services, and our customers that we support (vulnerable customers).

Red Hot Rewards

• Generous holidays - 38.5 days annual leave (including bank holidays and prorated if part-time) plus the option to buy more
• Up to five extra paid well-being days per year
• 20 weeks paid, gender-neutral family leave (52 weeks in total) for expectant parents and those looking to adopt
• Market-leading pension
• Free private medical cover, income protection and life assurance
• Flexible benefits include Cycle to Work, wellness and health assessments, and critical illness
• Ability to work anywhere in the UK (where the role allows)