A leading European payments solutions company is looking for a European Head of Financial Crime. They are a fast-growing business and are looking for someone to help develop their financial crime programme and team across Europe. This role is based out of Brussels and will work alongside the UK Head of Financial Crime to build the group’s financial crime framework.
They are offering the right person the opportunity to lead their Financial Crime Team and drive their Financial Crime strategy across the EU. You need to have a solid grounding in Banking and/or Fintech financial crime requirements, know what “good” looks like, and have a passion for preventing financial crime whilst helping the firm and their clients continue to grow and diversify.
You will be the AMLCO leading this critical independent control function. This role is as interesting and diverse as you could imagine. You just need to be up for the challenge!
As the Head of Financial Crime at the firm across the EU, you will work in close collaboration with the Head of Financial Crime in the UK. You have a dedicated Belgium-based team reporting to you. You will have frequent interaction with stakeholders at every level of the business and with multiple market participants, particularly with Regulators and FIU’s.
- You will be responsible for all aspects of leading, developing, and operating the financial crime team, including:
- Overseeing the performance of the existing AML/Financial Crime operations team, supported by a Team Leader.
- Maintaining a close oversight of the firm’s EU agents, monitoring their fraud levels, policies, and procedures, and suggesting continuous improvements.
- Keeping abreast of new and existing regulatory changes, and assessing their impact on the business and agents, and control AML compliance across the board.
- Dealing with any financial crime related enquiries across the business.
- Working closely with all other departments – including the UK-based Head of Financial Crime Unit, and clients/agents and third parties such as payment schemes, law enforcement organisations, other financial institutions, and financial crime prevention bodies.
- Ensuring financial crime is managed appropriately across the countries the group operates in, including managing the relationship with branch managers and local permanent representants.
- Financial crime compliance activities including policies, regulator interaction and reporting.
- Meeting all NBB requirements relating to the AML independent control function.
- Supporting prospects, new and existing clients.
- Reviewing SARs, ensuring they are of the highest quality.
- Maintaining the AML Risk Assessment, framework, and action plan so that financial crime risks are understood and managed appropriately.
- Maintaining and organising an effective 3 Lines of Defence model.
- Helping in selecting, using, and monitoring financial crime tools and suppliers.
- Representing the firm in industry bodies and working groups.
- Providing financial crime training to the business and agents.
- Working with the product, project and operations teams to build new systems and controls, and enhance current ones.