Financial Crime Risk Assessment Specialist

Job Description

The purpose of this role is to provide ongoing oversight of the compliance issues impacting the financial crime risk profile.

The role includes active engagement with segments on non-compliance issues raised by assurance providers or identified through breaches in key risk indicators. In addition, the incumbent will co-ordinate and participate the group’s response to quarterly regulatory returns, periodic inspections, and progress reports on remediation.
- Control expenditure and identify process improvements to contain and reduce costs.
- Build working relationships across teams and functional lines to enhance work delivery, collaboration and innovation.
- Deliver customer experience excellence in own service delivery aligned to Organisational values and service standards.
- Improve business decisions by providing accurate and reliable business intelligence (information) together with analysing trends and data.
- Provide regular reports on delivery of services against agreed service level agreements and in terms of overall customer targets.
- Accumulate information to review work progress that provides input to reporting, decision making and the identification of improvement opportunities.
- Implement, monitor and control business processes according to quality standards; policy; and compliance and governance requirements in area of accountability.
- Ensure the development, alignment, mapping and implementation of end-to-end processes aligned to the customer journey map.
- Research, enable and consult on improvements and opportunities to harness technology and platform enablement.
- Review existing processes and suggest innovative ideas to improve and streamline processes to drive efficiencies and minimise redundancy.
- Monitor customer feedback reports and align processes to maximise efficiencies.
- Ensure compliance with relevant statutory, legislative, policy and governance requirements in area of accountability.
- Ensure implementation of relevant policies, governance and practice standards across the business.
- Maintain knowledge on relevant legislative amendments, industry best practices and internal compliance procedures and requirements.
- Ensure compliance is adopted in terms of systems and procedures as laid out by organisation and review in response to audit findings and changes.
- Develops an understanding of risks and risk management approaches Implement and provide input into the development of governance and compliance procedures and processes within area of specialisation and identify risks.
- Educates others and makes suggestions for improvements.
- Networks and participates in specialist risk forums where required.
- Provide input into the development of the business area tactical strategy in achievement of the overall business trategy.
- Develop and implement an area operational plan in achievement of Business objectives.
- Coordinate (manage/direct/contribute to) requests for information, quarterly returns to the regulator, and self-assessment questionnaires or declarations.
- Perform monthly Archer logs reviews and facilitate meetings with the respective segment compliance teams. The aim is to ensure that non-compliance issues are complete, accurate and valid when logged on Archer.
- Critically review risk rating, root causes and action plans and the adequacy of actions to close the findings on a timely basis.
- Provide Regulatory reports (management meetings, internal governance meetings, regulators) and coordinate the submissions, consolidation to create group view, evaluation and assessment of segment feedback.
- Preparation of the high-risk themes for monitoring based on legislation, frameworks, policies, minimum standards and guidance notes.
- Focus on ongoing enhancement and support the creation of the annual Risk Assessment plan, ensuring all plans are repeatable and sustainable Support on documentary interpretation, and explanation / presentation of methodology and results to all relevant Business, Compliance, Risk and Audit stakeholders.
- Collaborating with all key stakeholders across all three lines of defence, and importantly ensuring that the first line of defence receive advisory on the risks that are identified and assessed through the risk assessment process.
- Provide advice and challenge across the Group Partner with Compliance colleagues and represent the Risk Assessment team to internal and external stakeholders.
- Ensuring traceability to legal and regulatory obligations and regulatory expectations.
- Develop, encourage and nurture collaborative relationships across area of specialisation.
- Participate in planned activities that are appropriate for own and employee development.

Job Details

16/08/25