Head of Economic Crime Prevention Oversight

Key Responsibilities

• Set the strategic direction for Economic Crime policy and oversee its effective execution across the legal entity. Oversee first line of defence activity in relation to fraud and financial crime, ensuring it is compliant and within risk appetite.
• Lead and manage a high-performing team, overseeing diverse activities and ensuring regulatory compliance through close collaboration with internal risk stakeholders. Own the end-to-end delivery of MLRO reporting for IP&I and the FCA, ensuring timely, high-quality submissions and attestations. Build and maintain an effective external (the regulator etc) and internal network to identify industry standard process, facilitate deep dive risk reviews – and ensure, legal, regulatory, and professional compliance.
• Modelling behaviours to demonstrate the Group’s values and making sure that management of risk is the responsibility of every colleague.
• A key leadership role within both our IPI and Risk Divisions.

Qualification & Requirements

We’ll be looking for these skills and experiences. But we know careers, like life, don’t always go in a straight line. So, if you don’t have some of these but think you’ve got what it takes, get in touch.

Highly experienced and seasoned Economic Crime Prevention professional with deep knowledge of current and emerging regulatory requirements for Fraud, Anti-Money Laundering, Sanctions and Anti-Bribery and Corruption matters including relevant legislation and guidance (particularly that contained in the prevailing JMLSG Guidance)

• Experience in automating and digitising control environments, integrating innovative tools and platforms to enhance economic crime detection and prevention capabilities in a rapidly changing threat environment.
• Proven leadership skills, including the ability to drive transformation and communicate effectively at senior levels, both internally and externally.
• A strong track record of using data to drive oversight, generate actionable insights, and support strategic decision-making.
• Understanding of Risk Management Frameworks within a financial services organisation.
• Experience of providing constructive challenge and support to 1st Line, and in a Shared Services environment to mitigate risks.
• Proven in navigating ambiguity and adapting with pace to a rapidly changing environment.
• Experience in leading successful teams
• Ability to navigate complexity, think strategically, analysing and synthesizing complex information to make informed decisions.
• Experience of working within financial services and ideally knowledge of Insurance, Pensions, and Investment businesses.

Benefits

• A generous pension contribution of up to 15%
• An annual performance-related bonus
• Share schemes including free shares
• Benefits you can adapt to your lifestyle, such as discounted shopping
• 30 days’ holiday, with bank holidays on top
• A range of wellbeing initiatives and generous parental leave policies