Eco Crime Risk Assurance Snr Specialist

Eco Crime Risk Assurance Senior Specialist

Mainly remote

Business Unit: Economic Crime Risk

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 activities 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 the 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 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 at the senior management level.
• Working with Assurance, Audit, and Systems teams to ensure that Economic Crime Assurance Plans are understood.
• Feeding Assurance findings into the future risk-based Economic Crime Assurance plan for VMUK.

We need you to have

• Ideally, a minimum of 5 years of 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 in performance testing of Financial Crime systems and data feeds.
• Proven experience in delivering Assurance / Audit reviews
• Experience as an Economic Crime SME with extensive knowledge of relevant regulations, 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.