Anti Financial Crime Advisor

at  abrdn

Job Description
At abrdn, our purpose is to enable our clients to be better investors.
Clients worldwide trust us to find future-fit investment opportunities to deliver the outcomes they want. Our technology and insight help empower them to make better decisions, while the powerful partnerships we build help to enhance the expertise that we offer. And by enabling clients to invest responsibly, it helps us to build a better world.
About the department
Our Anti-Financial Crime (AFC) team is an integral part of abrdn, ensuring that we maintain the highest standards of compliance and integrity. We work closely with various departments to provide expert advice, mentorship, and oversight on AFC matters.
About the role
As an Anti-Financial Crime Advisor, you will work closely with the Global Head of AFC to lead all aspects of our AFC policies and standards. This role presents an exceptional opportunity to craft and maintain outstanding AFC frameworks, while also recognizing equivalent experience in lieu of formal education requirements.
You will get the opportunity to be the dedicated contact point for advice, guidance to, and receiving escalations from the Investments business, including its respective legal entity Boards. You will be providing abrdn’s Investments business, Senior management and Boards with appropriate management information and reporting to ensure each has the necessary information to fulfil their AFC related legal and regulatory senior management responsibilities.

Key Responsibilities

• Supporting the Global Head of Anti-Financial Crime in the coordination and oversight of abrdn’s AFC systems and controls, ensuring that at all times the Investments business conducts activities in compliance with all relevant AFC laws, rules, regulations and guidance;
• Provide Senior management, Boards and the Global Head of AFC with appropriate management information and reporting, to ensure each has the necessary information to fulfil their AFC related legal and regulatory obligations;
• To provide advice and guidance on AFC matters including in relation to new products, services and business activities, ensuring that Investments Senior management are provided with the guidance necessary to conduct business activities in line with the firm’s Global AFC Policies and Standards and risk appetite.
• To receive, review, advise, approve and where appropriate challenge Investment business 1LoD escalations. Including, those relating to higher risk clients/activities and any Policy/Standards waiver or exception requests, prior to any required escalations and referrals to the Global Head of AFC;
• Identifying and escalating issues which do not comply with law, regulation, policies, standards and risk appetite, and working with Investments and AFC Senior management to ensure timely remediation of AFC related matters;
• Working with the AFC Monitoring, Oversight and Governance Lead to design and execute appropriate AFC monitoring and testing activities across the Investments business.

About the candidate requirements

• Extensive experience of current and emerging financial crime laws, rules, regulations, regulatory and industry guidance and working within a financial services or consulting environment advising colleagues and senior management in the application of policies and standards within a business.
• Experienced anti-financial crime professional with proven track record of delivery gained within the financial services sector; ideally with a strong understanding and experience of the activities of investments in the asset management sector across a number of jurisdictions.
• Experience of managing and maintaining robust Governance
• Excellent written, verbal and interpersonal skills
• Experience of UK financial crime regulatory requirements and knowledge of the Joint Money Laundering Steering Group (JMLSG) and the Money Laundering Regulations (MLR)

We are proud to be a Disability Confident Committed employer. If you have a disability and would like to apply to one of our UK roles under the Disability Confident Scheme, please notify us by completing the relevant section in our candidate questionnaire. One of our team will reach out to support you through your application process.
Our benefits
There’s more to working life than coming home with a good salary. We have an environment where you can learn, get involved and be supported.
When you join us, your reward will be one of the best around. This includes 40 days’ annual leave, a 16% employer pension contribution, a discretionary performance based bonus (where applicable), private healthcare and a range of flexible benefits – including gym discounts, season ticket loans and access to an employee discount portal. You can read more about our benefits
here.
Our business
Enabling our clients to be better investors drives everything we do. Our business is structured around three distinct areas – our vectors of growth – focused on our clients’ changing needs. You can find out more about what we do
here
.
An inclusive way of working
Whatever way you like to work, if you have the talent and commitment to join our team, we’d like to hear from you.
At abrdn we’ve adopted a ‘blended working’ approach. This approach combines the benefits of face-to-face collaboration, coaching and connecting in our offices with the flexibility of working from home. It enables colleagues to find a balance that works for their roles, their teams, our clients and our business.
An inclusive culture
, where diverse perspectives drive our actions, is at the core of who we are and what we do. If you need assistance with your application, or a reasonable adjustment to your interview arrangements – for example, because you are neurodivergent, or have a physical, sensory, cognitive, mental, visible or invisible disability – please let us know and we’ll be happy to help.
We’re committed to providing an inclusive workplace where all forms of difference are valued and which is free from any form of unfair or unlawful treatment. We define diversity in its broadest sense – this includes but is not limited to our diversity of educational and professional backgrounds, experience, cognitive and neurodiversity, age, gender, gender identity, sexual orientation, disability, religion or belief and ethnicity and geographical provenance. We support a culture that values meritocracy, fairness and transparency and welcomes enquiries from everyone.
If you need assistance or an adjustment due to a disability please let us know as part of your application and we will assist

• Supporting the Global Head of Anti-Financial Crime in the coordination and oversight of abrdn’s AFC systems and controls, ensuring that at all times the Investments business conducts activities in compliance with all relevant AFC laws, rules, regulations and guidance;
• Provide Senior management, Boards and the Global Head of AFC with appropriate management information and reporting, to ensure each has the necessary information to fulfil their AFC related legal and regulatory obligations;
• To provide advice and guidance on AFC matters including in relation to new products, services and business activities, ensuring that Investments Senior management are provided with the guidance necessary to conduct business activities in line with the firm’s Global AFC Policies and Standards and risk appetite.
• To receive, review, advise, approve and where appropriate challenge Investment business 1LoD escalations. Including, those relating to higher risk clients/activities and any Policy/Standards waiver or exception requests, prior to any required escalations and referrals to the Global Head of AFC;
• Identifying and escalating issues which do not comply with law, regulation, policies, standards and risk appetite, and working with Investments and AFC Senior management to ensure timely remediation of AFC related matters;
• Working with the AFC Monitoring, Oversight and Governance Lead to design and execute appropriate AFC monitoring and testing activities across the Investments business