We are the bank for people with purpose. The only bank born from the co-operative movement 145 years ago. We believe in the power of 'we' and putting values and ethics first. We are looking for talented individuals who want to make their next career move in a bank that celebrates co-operative spirit. And did we mention we are award winning? Year on year award winners for our products, our customer service and our commitment to communities. What's not to love!
What you can expect from us:
27 days holiday at start, rising to 30 days
Agile working including opportunity to work from home
Competitive pension / income protection / life assurance
2 paid days for volunteering per year
Positive working environment in contemporary offices centrally located in Manchester
Strong career path within Financial Services
Family friendly policies and supportive working environment
Recognition scheme and a culture in which we celebrate success
Colleague network groups committed to inclusion and diversity within our Bank.
Our Bank is committed to continuing to create a diverse workforce and an inclusive environment where all colleagues can fulfil their potential. We welcome applications from talented individuals from all backgrounds and lifestyles. As a reputable employer regulated by the Financial Conduct Authority, all offers of employment for this role are subject to a series of background checks, including criminal (DBS) and financial checks.
Purpose of the role:
To support the Head of AML Oversight to lead and develop the second line AML Oversight Team in delivering expert AML/CTF and Financial Sanctions advice and guidance to key stakeholders within Co-operative Bank by providing expert and pragmatic independent guidance, resulting in an effective second line of defence which supports the Compliance and Financial Crime Director in meeting their responsibilities.
Provide subject matter expertise, advice and challenge to the business with regards to AML, Sanctions & CTF regulatory risk, to ensure that customer outcomes remain the key priority.
This includes contributing fully to the analysis of customer requirements and the identification and development of appropriate AML, Sanctions & CTF solutions (systems and services) to meet their needs.
Take a lead role in implementing and embedding the Risk Management Framework, by providing 2nd Line oversight and challenge on all AML, Sanctions & CTF regulatory risk activities across the business. This includes understanding emerging risks & issues and leading 2nd Line activity designed to mitigate risks to within risk appetite.
Responsible for the delivery of advice and oversight of all aspects of AML, Sanctions & CTF activities across Co-op Bank, being seen as the focal point for this activity by the business. This includes supporting the business with any reasonable request for AML, Sanctions & CTF information made by the regulator (FCA) or law enforcement bodies.
Support the Head of AML Advice & Oversight to fulfil their Nominated Officer duties by providing oversight of the SARs framework to ensure suspicious activity, relating to the Proceeds of Crime Act (POCA) and Terrorist Act (TACT) is reported to the National Crime Agency (NCA) in a timely manner.
Knowledge, skills and experience required:
AML technical skills and knowledge
AML experience within FS/banking background is preferred
Strong leadership capabilities
Experience in Stakeholder management
Strong AML background
Internal Number: 6280089
About The Co-operative Bank
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