Job description

Business Unit: Economic Crime, Risk

🤑: up to circa £55,000 per annum DOE + red-hot benefits🎁

📍UK Flexible

📑: Permanent

Live for the weekday. Live a life more Virgin.

Our Team❤️

You’ll be part of a team of assurance professionals helping the bank meet its legal and regulatory obligations by conducting timely Thematic Reviews, Ongoing Assurance and Close and Continuous systems assurance activities across all elements of Economic Crime (Fraud, Anti-Money Laundering, Counter-Terrorist Financing, Tax Evasion, Bribery and Corruption, Proliferation Financing and Sanctions Evasion).

What you’ll be doing😎

Acting as a key subject matter expert in designing and executing systems assurance activity to ensure the bank’s Controls are keeping customers safe and Economic Crime systems are effective, including payment screening, client screening, Transaction Monitoring, Customer Risk Assessment systems, and fraud prevention and detection systems.
Planning, developing and executing an effective risk based annual Economic Crime Assurance Programme to include, Fraud and Financial Crime systems related thematic reviews and ongoing assurance activity.
Completing planned systems assurance reviews on time and to required quality using Economic Crime subject matter expertise to ensure control design and operation is efficient and effective.
Demonstrating your understanding of the Bank’s customers, products, channels, and business areas and the associated Economic Crime risks
Identifying control weaknesses and areas for improvement to enhance the Bank’s Economic Crime framework.
Delivering independent testing of all component parts of a defence system, including data lineage/mapping, data reconciliation, rule/model calibration, change management and governance.
Proactively analyse trends and systems capability, making recommendations for rules or systems enhancements and identify control weaknesses through Ongoing Assurance activity.
Consistently produce targeted high quality written and verbal communication to senior management level.
Working with Assurance, Audit and Systems teams to ensure that Economic Crime Assurance Plans are understood.
Feeding Assurance findings into future risk-based Economic Crime Assurance plan for VMUK.

We need you to have🌟

Ideally a minimum of 5 years’ experience in Financial Services working in a financial crime/fraud analytical role, managing, and analysing large quantities of complex data.
A proven track record of high professional standards involving research and analytical skills, with the ability to analyse data and communicate technical and regulatory matters in a non-technical manner.
Evident SQL enhanced knowledge and practical experience with SAS is beneficial
Experience of performance testing of Financial Crime systems and data feeds.
Proven experience of delivering Assurance / Audit reviews
Experience as an Economic Crime SME with extensive knowledge of relevant regulation, risks, threats and landscape.

It’s a bonus if you have but not essential🧁

Good understanding of Economic Crime risk identification, assessment and measurement principles.
Excellent written and verbal communication skills, adapting style to a wide range of people across the bank.
A good understanding of the Bank’s customers, products, channels, and business areas and the associated economic crime risks.

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.

And there's no waiting around, you'll enjoy these benefits from day one.

Feeling insatiably curious about this role? If we’re lucky to receive a lot of interest, we may close the advert early and would hate you to miss out.

We're all about helping you Live a Life More Virgin, so happy to talk flexible working with you🤝.

⏱️Applications Close: 14 Feb 2025 (4.00pm GMT) ❤️

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