Financial Crime Operations Risk Manager

The role of a First Line Financial Crime Risk Manager is pivotal in safeguarding Lendable against financial crime. The position will reside within the first line of defence, which is responsible for owning and managing financial crime risks directly within business units. Key responsibilities often include:

• Accountability for identifying, assessing, and managing financial crime risks within the first line business units they oversee. This includes ensuring that risks are clearly documented and understood at all levels

• Responsibility for designing and enhancing controls to mitigate risks, such as sanctions screening, customer due diligence and transaction monitoring

• Ensuring that processes are carried out effectively to detect and prevent financial crime through the creation of robust assurance processes and effective oversight

• Working closely with the second line (risk and compliance teams) to ensure a cohesive approach to risk management and ensuring that the organisation meets all regulatory expectations and is prepared for audits or reviews

• Ensuring that required policies, processes and procedures are in place which align with the firm's financial crime framework

• Working closely with the Learning and Development Team to provide training to frontline staff to enhance awareness and adherence to financial crime policies

This role requires a strong understanding of regulatory expectations, as well as the ability to adapt to a fast-paced environment where financial crime risks are constantly evolving

Your team’s objectives

• The first line financial crime team plays a crucial role in managing and mitigating financial crime risks within the organisation.

• This team is part of Operations and is responsible for implementing and executing controls to prevent financial crime.

• The team maintains strong working relationships across almost all areas of the firm and collaborates effectively to achieve its goals.

What you’ll be doing/impact on objectives

• Oversee operational processes related to financial crime by providing effective assurance and management information with the aim to ensure that all work is completed in accordance with company policies.

• Lead in defining solutions in response to risks which are i) smart, ii)proportionate, iii) sustainable (e.g. Automated controls over manual interventions) and iv) considered (i.e. not just plugging the gap but thinking more holistically about the issue and what we need, to improve the risk environment)

• Collaborate with internal teams to mitigate financial crime risks associated with current business activities and upcoming changes.

• Provide training and guidance to staff on financial crime prevention and compliance measures.

• Be able to manage interdependencies in order to support in the delivery of agreed solutions, change initiatives in a timely and high-quality way

• Plan, report and track actions through to completion

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What we’re looking for

• A minimum of 4 years of experience in a financial crime environment within the financial services industry.

• In-depth knowledge of Sanctions, Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) regulations. (Qualifications would be beneficial)

• Strong written and verbal communication skills, with the ability to present complex information clearly to both internal and external stakeholders.

• Excellent analytical and problem-solving capabilities.

The interview process

We’re not a corporation so we try our best to get things moving as quickly as possible. For this role we’d expect:

• A quick phone call with one of the team

• Interview and Assessment with the Head of Fraud & Financial Crime and another key stakeholder within the business 

• Video Interview the Director of Enterprise Risk