Talent Acquisition & Advisory
The Quality Control (QC) team is part of the Financial Crime Intelligence team responsible for identifying, understanding, and mitigating the financial crime and reputational risks involved in entering new business relationships and maintaining / expanding existing relationships.
The team has specific responsibilities including:
- Development of the Risk and Control Self Assessment (RCSA) framework for the FCI team.
- Owning and enhancing the effectiveness of the Quality Control Framework
- Identification of Financial Crime risks associated with new products / services and changes in Regulation.
- Ensure new and existing controls are designed / operating effectively to mitigate risks.
- Assessment of Quality Control and Assurance testing results and the impact on the design / operating effectiveness of controls within the RCSA framework.
- Ensure QC testing is performed in accordance with the QC Methodology
- Continually enhance the QC checklist applied across all core processes
- Work with other FCI Functional leads to improve overall Control Performance
About You
We believe that the best Managers enjoy what they do. Candidates should have a proven track record in Financial Crime with significant experience and knowledge of Risk and Control frameworks. Candidates should have sound knowledge of correspondent banking services; strong technical and regulatory knowledge across financial crime within the UK and a firm understanding of how to identify and mitigate risks within a business. Candidates must be passionate about the success of their team and be willing to take on new challenges and ways of working.
Core Skills and Experience:
- Implementation and ongoing enhancement of a Quality Control framework
- Develop weekly / monthly MI that provides visibility over the quality of analysis undertaken (process and individual level) and assurance of the reliability of all key controls.
- Maintaining and enhancing the RCSA framework for Financial Crime Intelligence
- Drive improvements to address any deficiencies in Control Performance
- Monitor all open RSCA open issues / actions and Quality Assurance actions ensuring closure ahead of due dates
- Building, implementing, and managing the financial crime risk management approach supporting new products and services.
- Support in the delivery of relevant aspects of the AML & Sanctions Enhancement Programme
- Create an approach for delivering feedback to the Financial Crime Intelligence Teams on thematic errors, issues and trends.
- Enhance technical and industry knowledge and capability through structured training and knowledge sharing sessions
- Escalation of all material financial crime risks for further consideration and / or action.
- Maintain knowledge of all relevant financial crime legislation, regulatory changes and industry best practice.
- Promote the importance of financial crime issues and act as a point of guidance.
Financial Services/Banking Experience:
- Significant expertise in financial crime control frameworks and regulatory standards.
- Deep knowledge of sectors such as money remittance, electronic money, APIs, Cryptocurrency firms, and merchant acquirers.
- Detailed understanding of UK and EU AML/CTF legislation (international AML/CTF knowledge is advantageous)
- Detailed understanding of money laundering typologies across a range of products and services in financial services.
- Experience dealing with complex business models, PEPs, sanctions, red flags, and suspicious activity investigation ideally within Correspondent banking relationships.
Skills/Qualifications:
- Ability to manage and develop team members
- Self-starter, able to work independently when needed, and to prioritise tasks.
- Ability to communicate and negotiate with key stakeholders
- Strong attention to detail and good judgement.
- Work to tight deadlines under pressure whilst maintaining high level of quality and competency
- A recognised AML / Sanctions / Fraud qualification is desirable but not essential.
We are looking for motivated team players who are delivery focused and can suggest solutions as to how things can be done better, as we’re always looking to improve and do things differently. It is important that you have this mind-set too.
About what we offer
- A supportive, challenging and agile environment
- You’ll also get to work in one of the most exciting Banks in the market right now
The legal bit
Please only apply for this role if you are eligible to work in the UK.
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Perks, benefits and rewards
Personal Development
- Great learning and promotion opportunities
Holiday
- 32 holidays a year (including bank holidays)
Health
- Private medical and dental cover
Pensions
- 6% employer contribution through the ClearBank scheme
Family
- Enhanced maternity, paternity and adoption leave
Community
- 2 days off each year to do something bigger than ClearBank
Diversity and Inclusion
Diversity & Inclusion are key to our mission. At ClearBank we recognise and respect that each individuals unique perspectives are what allows us to build the bank we all enjoy working in. We believe that the difference between people creates value. We focus on inclusion to create a safe and welcoming workplace culture which encourages and enables people to achieve their best, innovate and most importantly speak up to make us better.
