Financial Crime Oversight Manager - Immediate Start

We are desiring to recruit a diligent Financial Crime Oversight Manager to join our elite team at Target in Newport, Wales, United Kingdom.
Growing your career as a hybrid Financial Crime Oversight Manager is a great opportunity to develop necessary skills.
If you are strong in time management, innovation and have the right aptitude for the job, then apply for the position of Financial Crime Oversight Manager at Target today!

Target Group are a leading business services provider in lending, investments and insurance, creating value for our clients through digital customer journey, outsourcing and operational transformation.

As Financial Crime Oversight Manager you will assist the business in complying with financial crime legislation and regulation, ensuring that appropriate controls are in place and evidenced, to mitigate the financial crime risks presented across the Target Group (Target).

You will provide guidance and support to internal stakeholders and, where required, represent Target at client and industry forums.

Main day to-day responsibilities include:

• Draft credible business-wide financial crime risk-assessments and control testing to identify and assess key inherent and residual financial crime risks, and to make recommendations for improvement in the risk environment where necessary.
• Work with colleagues to design solutions that positively impact maturity of internal/client controls.
• Continually assess effectiveness of financial crime systems and controls against regulatory requirements and make recommendations for change, where appropriate.
• Produce periodic and other relevant reports and management information, based on business risk, control and performance outputs.
• Identify and assess applicable financial crime-related legislation, regulation, best practice and financial crime typologies, to shape the design, standards and controls associated with the firm’s internal financial crime risk framework and methodologies.
• Maintain Target’s financial crime policy portfolio.
• Engage with offshore stakeholders as required, to support promotion and/or integration of financial crime services and to provide SME advice and guidance.
• Identify and highlight trends in MI, to provide focus on those aspects of activity that require increased risk management and attention from the senior leadership team and ExCo.
• Prepare financial crime regulatory mapping and reporting returns, ensuring timely and accurate delivery.
• Conduct assurance reviews in accordance with the financial crime plan, producing independent reports, escalating any area of concern with recommendations for remedial action and tracking stakeholder actions through to delivery.
• Provide specialist support with the onboarding of new clients.

We're looking for candidates who are:

• Personable, enthusiastic and able to build strong, collaborative relationships across own and matrix teams.
• Organised and able to plan and manage activities through to completion.
• Detail orientated, with the ability to interpret complex information.
• Able to present information clearly, concisely and accurately.
• Able to understand regulation and legislation and consider how these must be applied across the business and for clients.
• Able to influence, negotiate and address conflicting views appropriately.
• Resilient and able to deliver under time and task pressure.

The ideal candidate will have the following:

• An understanding of relevant UK and EU Financial Crime laws and regulations. 
• Proficient technical knowledge in financial crime risk domains (KYC, CDD, AML, sanctions, fraud, bribery, corruption, and tax evasion).
• Experience of producing assurance and other financial crime reports that serve to educate stakeholders with respect to status of the current risk environment, whilst guiding them as to the actions that must be delivered in order to reduce risk.
• Experience of critiquing effectiveness and adequacy of financial crime controls and driving control improvements where required.
• Experience of rolling out new technology platforms within the Financial Crime space, including project participation, development of system rules and management of operational outputs.
• A Financial Crime Qualification is advantageous.

In addition to your basic salary (starting from £45,000, depending on experience), we offer a comprehensive, flexible and market-competitive benefits package. Our flexible benefits package allows you to choose the benefits that best suit your lifestyle.

Core Benefits

• 30 days holiday plus bank holidays
• Annual Pay Review
• Discretionary Company Performance Bonus
• Employee Assistance Program
• Company paid Private Medical Insurance (benefit in kind)
• Free Flu Vaccinations, Eye Tests and employer contribution towards glasses
• My Recognition
• Confidential access to health and wellbeing support
• 4 x Salary Life Insurance

Our flexible benefits scheme gives employees access to additional benefits to supplement their core package:

• Pension Contribution – Salary Sacrifice
• Cycle2Work
• Critical Illness Cover + Dental Insurance
• Gym Flex
• Hello Fresh / Taste Card / Gourmet Card
• RAC Breakdown Cover
• Charitable Payroll Giving
• Buy / Sell holiday
• Technology loans

We’re committed to creating a Diverse & Inclusive culture through the execution of our D&I strategy, community relationships, our people & leaders.

Grow your future with us!

Benefits of working as a Financial Crime Oversight Manager in Newport, Wales, United Kingdom:

● Learning opportunities
● Advancement opportunities
● Generous Compensation