Anti-Financial Crime Lead, Monitoring, Testing & Oversight

at  ABRDN PLC

JOB DESCRIPTION

The Monitoring, Testing & Oversight (MTO) Lead is a pivotal role within the Anti-Financial Crime (AFC) team. You will work closely with the Global Head of AFC to implement a robust risk management and prevention program that safeguards the organisation’s reputation and ensures compliance with AFC policies and standards. In this role, you will develop and maintain a comprehensive monitoring framework for processes and controls aimed at preventing financial crime across abrdn. You will produce data-driven reports to facilitate oversight by management and the board over our anti-financial crime environment.

REQUIRED KNOWLEDGE, SKILLS & EXPERIENCE:

• Extensive experience in financial crime prevention within the financial services sector, with a strong understanding of asset management, platforms, and advisory businesses.
• ICA Diploma or equivalent preferred.
• In-depth knowledge of current and emerging market trends, methods, and tools related to financial crime risk and compliance.
• Proven experience in testing, sampling, and assuring processes to mitigate risk.
• Demonstrated team management and oversight capabilities.
• Proven experience in stakeholder management and delivering high-quality outputs under tight deadlines within a regulated environment.
• Strong knowledge of the UK regulatory environment and global financial crime requirements.

IF YOU NEED ASSISTANCE OR AN ADJUSTMENT DUE TO A DISABILITY PLEASE LET US KNOW AS PART OF YOUR APPLICATION AND WE WILL ASSIST.

Job ID R0072352

• Develop and implement a comprehensive AFC monitoring and testing program to ensure compliance with relevant laws, regulations, and industry standards.
• Conduct regular reviews of AFC controls and processes, identifying potential areas for improvement.
• Oversee AFC activities across the business, ensuring effective governance and risk management frameworks.
• Identify and escalate compliance issues, working with senior management to ensure timely remediation.
• Prepare detailed reports on monitoring and testing outcomes for senior management and relevant committees.
• Align the AFC monitoring and testing program with abrdn’s Global AFC Policies and Standards, acting as the key contact for AFC monitoring and testing.
• Provide training and guidance on AFC monitoring and testing procedures to business units, maintaining awareness of changes in AFC regulations and industry practices.
• Manage at least one direct report within the MTO function.