Interim Group Head of Financial Crime Prevention
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Location: London, United Kingdom
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Description
Who We Are
Moneycorp is a thriving dynamic business with an excellent reputation helping Corporate and Private Clients with their FX and International Payments requirements for over 40 years. As a globally expanding business, our footprint covers UK & Ireland, Europe, USA, Canada, Hong Kong, UAE, and Brazil!
With our extremely rare single IBAN multi-currency account, we are able to assist with a variety of different payment needs, including business payment solutions, personal payments abroad (for example buying a property), travel money, as well as the ability to offer interest on deposits. Supplementing this, we also support the global supply chain of wholesale banknotes through our Financial Institutions Group (FIG) and partnership with the US Federal Reserve Bank, to build deeper payment relationships with international banking customers.
It is through obtaining our own banking and payment licenses, the acquisition of two banking platforms and access to 16+ liquidity providers that we are able to proposition a trailblazing FinTech payment infrastructure that simplifies our customer’s diverse business needs and reduce their costs. There is no doubt that we are a major player and differentiated ourselves in a continuously evolving and competitive industry.
With 600+ employees, Moneycorp prides itself in attracting some of the world’s top talent and the people who work at Moneycorp are truly behind its continued success. As Moneycorp continues to expand into new territories, there are considerable opportunities for growth for newcomers and the learning possibilities are endless. We welcome you to be part of a team which has a passion for the business, all within a collaborative and supportive working environment that has ultimately translated to a unique exciting business. To find out more about our journey click here.
Who You Are / Your Next Challenge
This position is a 12-month maternity leave cover for the Group Head of Financial Crime Prevention (GHFCP). The role reports to the Group Chief Compliance Officer and involves supporting the management and implementation of our Financial Crime Prevention Programme globally. This programme includes areas such as Anti-Money Laundering/Counter-Terrorism Financing (AML/CTF), Sanctions, Fraud, and Anti-Bribery and Corruption (ABC).
What we’re looking for:
Group Strategy and Financial Crime Goals
- Implement strategies to combat, mitigate and therefore minimise the risk to the Group from, and incidents of financial crime.
- Ensure that the Group’s regulatory technologies are consistent with the Group Financial Crime strategies and priorities.
- Support the Group CCO in the enhancement of the Group’s transaction monitoring & screening capabilities.
- Support Group in the drafting of applicable policies and procedures and assist with training related to those.
- Identify the strategies, processes, controls, and resources required to facilitate the medium & long term goals and aims of the financial crime function within the Group.
- Assist in championing a strong risk and compliance culture across the Group.
Management of Financial Crime Issues
- Be the main point of escalation to all Moneycorp entities for financial crime matters
- Support Group with complex investigations and analysis, as and when necessary, and recommend/implement action(s) as appropriate.
- Liaise with all necessary departments and functions to ensure financial crime related actions are completed in a timely manner.
- Support Group as a subject matter expert, raising concerns to senior management C-level, and suggesting mitigations.
Operational Oversight
- Review current financial crime monitoring/detection systems and controls, assessing efficiency and suggesting enhancements as required.
- Ongoing review of all Group Policies and Procedures within the set deadlines, making sure our Financial Crime Prevention framework is up to date.
- Proactively identify emerging risks, threats, and trends through ongoing analysis of financial crime internal systems and controls and external industry data, to support Group in preparing the organisation against these, developing new controls and monitors.
- Support Group in developing, implementing, and continually reviewing Group employee training programmes for financial crime.
Knowledge and Experience:
- Significant experience in financial crime with a detailed knowledge of typologies and risks.
- Significant experience in financial crime prevention, detection and mitigation processes and strategies.
- Proven track record of strong internal/external stakeholder management and engagement skills coupled with an ability to influence and drive change in a medium/large organisation.
Skills:
- Strong analytical and investigation skills, tempered by a constant understanding of deadlines and timescales.
- Excellent oral and written skills.
- The ability to work under pressure in a fast-paced environment.
- Excellent organisational skills and the ability to prioritise tasks in a result-orientated and proactive manner.
Education:
- Must have bachelor’s degree or equivalent.
- Industry certification is desirable (ACAMS, CISI, ICA).
Languages:
- English
- Second language is a plus, but not a requirement.
Personal Attributes:
- Excellent work ethics and integrity.
- Fantastic attention to details.
- Professional and personable.
- Determined and driven, demonstrating a positive "can do" attitude and resilience.
Self-motivated, proactive and a good team player.
Personal Attributes:
- Analytical and Problem-Solving Skills: Ability to design and analyse complex risk scenarios, draw insights, and communicate findings effectively. Demonstrate experience in interpreting large datasets to provide strategic insights.
- Communication and Collaboration: Strong verbal and written communication skills, with the ability to present complex information clearly to stakeholders. Experience working collaboratively with cross-functional teams.
- Strategic Thinking: Ability to align risk assessment practices with broader business strategy, contributing to informed decision-making and proactive risk management.
The successful candidate will be part of a dynamic team and work in a fast-paced environment, catering to a diverse mix of stakeholders with varying needs. Therefore, the ideal candidate should be a self-starter, as there is an opportunity to make an immediate and tangible contribution to the business.
Please note: This is a Fixed Term Contract role for 12 months within the Group Risk & Compliance team based in our London office.
What you get in return:
This role offers a competitive salary, plus a benefits package including private medical health insurance.
Interested?
If the role sounds like you, we invite you to upload a copy of your CV and can do this by clicking on the Apply Now button.
Start date: ASAP
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Diversity and Inclusion
Moneycorp is proud to be an Equal Opportunity employer. Across our Group, Moneycorp maintains a philosophy that an inclusive company culture inspires creativity, fosters a sense of belonging, and is imperative to both personal and professional growth. With a makeup of 47 percent female employees, Moneycorp has a remarkably diverse workforce. Our commitment to inclusion and opportunity continues to evolve and improve as we listen and engage with our diverse teams.
All qualified applicants will receive consideration for employment without regard to age, colour, family or medical care leave, gender identity or expression, genetic information, marital status, medical condition, national origin, political affiliation, status as an individual with a physical or mental disability status as an individual with a protected veteran status, race, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable laws, regulations and ordinances.
Moneycorp believes that diversity is critical to our success in helping Corporate and Private Clients with their FX and International Payments requirements across the world and is committed to creating an inclusive, mutually respectful environment which celebrates diversity. We hire on the basis of talent, merit, competence, performance, and business needs.
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Interested in working for Moneycorp?
There’s never been a more exciting time to join Moneycorp. We’re proud to be playing a pivotal role in shaping the future of the payments industry and we’d be delighted to hear from you if you feel you’d be a good fit for us.