Financial Crime Compliance Assurance Manager

at  Santander

SKILLS AND KNOWLEDGE

Required:

• Previous experience within Financial Crime Assurance or Audit teams
• Excellent critical thinking, analytical and problem-solving skills.
• Strong knowledge of Financial Crime Risks and European regulatory requirements.
• Excellent written and verbal communication skills
• Previous experience drafting reports for senior management.
• Shows initiative, organized and able to plan effectively. Desirable:
• Degree in a relevant subject e.g. Finance and Law.
• External qualification in Financial Crime (e.g. from ACAMS or ICA).
• Understanding of a Corporate and Institutional client base and products.

The Financial Crime Compliance (FCC) Assurance Manager is responsible for planning and managing FCC Assurance reviews, including performing substantive testing, providing adequate reporting of results as well as coordinating the reviews in alignment with the FCC Assurance Methodology.

The areas of review for FCC Assurance include the following, but not limited to:

• Review of FCC Policies, Standards and Procedures, including FCC Risk Assessments, Client Due Diligence and Know Your Customer and Customer Risk Rating, Anti-Bribery & Corruption controls, Anti-Tax Evasion/Avoidance measures (Corporate Criminal Offence), and Anti-Fraud controls.
• Test Transaction Monitoring (TM) systems and controls - Thresholds and Scenario, investigations, Suspicious Activity Reporting and Production Orders etc. Test Economic Sanctions (ES) systems and controls (List management, Fuzzy Logic and Algorithms, Alert Investigations, Blocking and reporting etc.)
• Review the data feed between non-FC systems and FC systems to ensure data integrity
• FCC Assurance may review these areas through one or more of the following activities: Thematic Reviews, Continuous Testing and Monitoring and Issue Validation.