Financial Crime Assurance AVP

Financial Crime Assurance AVP, City of London

· Acts as point of reference for relating to Assurance and demonstrate a good all-round technical knowledge on FCC programmes ensuring programmes are aligned with changes and highest standards observed in the marketplace.

· Use understanding/knowledge to provide new ideas and solutions to current challenges relating to Assurance and proactively identify new tasks/methods that will add value.

· Engage confidently with others in the FCC Team and the Business and adjust personal style to further the Assurance agenda.

· Develop and maintain knowledge of the firms' products, activities and regulatory reporting obligations by staying abreast of regulatory changes and industry trends by attending relevant industry forums to proactively consider and assess the impact on our regulatory framework

· Support the development of Financial Crime Compliance (FCC) annual risk-based assurance monitoring plan ensuring continues feedback through governance of the output of monitoring and assurance activity.

· Conducting assurance of 1st line Operations, IT, Sales and Trading teams by undertaking assurance to ensure that financial crime policies and procedures are understood and applied as expected in line with regulatory expectations.

· Drafting and communicating issues and actions to Senior Management on the outcome of assurance activity.

· Identifying relevant action owners and engaging with them to ensure issues and actions are well understood agreed and documented to facilitate easy resolution.

· Use the assurance programme as an opportunity to identify and recommend continuous development of improved financial crime risk and control solutions, procedures and cultures

· Collaborating with colleagues in Governance, Financial Intelligence, Systems, Risk and Client Selection to identify gaps in the FCC Compliance programme that require attention.

· Enhance the quality of the FCC governance processes by providing insights from Assurance activity that can adequately influence discussions and presentations made to attendees of governance committees.

· Use Assurance as an opportunity to challenge stakeholders on the design and effectiveness of financial crime controls.