Head Financial Crime Prevention

Job Description

NOTE: This role is not open to Relocation or Sponsorship. Isle of Man residents are eligible to apply.

To manage and lead the Financial Crime Prevention function within Standard Bank Offshore (SBO) Compliance. To develop, maintain and implement the AML/CFT/CPF framework to ensure compliance with the Financial Crime prevention regulatory landscape of SBIOM. To support SBIOM with the implementation of applicable policies and procedures. To provide specialist Financial Crime prevention related guidance and advice. To identify & address AML/CFT/CPF specific awareness & training needs.

Qualifications

Minimum Qualification:

• First Degree in Business Commerce, Legal, Risk Management (Required)
• Post Graduate Degree in Legal, Risk Management (Preferred)
  
  

• 8 - 10 years experience in Compliance
• Financial Crime Prevention or Compliance in the banking or financial industry. FCC frameworks. Risk assessments and risk-based approach to compliance. Strategic planning and operationalisation. Banking Products, Processes, Systems and Data.
• The role requires a leader seasoned and expert in Compliance with profound knowledge of the full dimensions of the field, but deep expertise in the relevant area of specialisation. Regulatory environment savvy, a proven track record in influencing seasoned leaders and employees across multiple jurisdictions and business areas to effectively implement compliance frameworks.
  
  

• Implement and maintain an AML/CFT/CPF reporting system that ensures efficient, high quality and consistent reporting is delivered as required to the relevant committees, forums and regulators.
• Implement, maintain and participate in governance structures in order to meet the requirements imposed by governmental bodies, regulators, industry mandates or internal policies.
• Keep abreast of and analyse relevant legislative and regulatory developments, taking into account all the different jurisdictions in which the Group operates, in order to inform the Functional Framework, to understand the implications for the organisation and to deliver expert advice to the Business Lines and Corporate Functions.
• Lead the preparation for regulatory inspections/reviews, and the continued support throughout the duration of the inspection. Consider regulatory inspection outcomes and utilise these to influence framework enhancements, identify deficiencies that require remediation from an AML/CFT/CPF perspective and ensure these are addresses, and to track progress made in terms of relevant remedial actions, and ensuring that inspection outcomes and identified gaps are reported at the applicable forums.
• Leverage strong personal power across all stakeholders across all jurisdictions. Influencing stakeholders to adopt, embed and comply with the Framework is an essential outcome.
  
  

• Convincing People
• Developing Expertise
• Directing People
• Embracing Change
• Empowering Individuals
• Establishing Rapport
  
  

• Business Acumen (Audit)
• Compliance
• Financial Industry Regulatory Framework
• Legal Compliance
• Promote Good Governance, Risk & Control
• Risk Management
• Strategic Planning and Reporting