Head of Financial Crime Oversight, Wealth Management

Regulatory reporting and external obligations

• Support annual, ad hoc and periodic financial crime regulatory reporting, including applicable regulatory submissions. 
• Assist with preparation, review and coordination of information required for regulatory reports, submissions, enquiries or financial crime-related attestations. 
• Act as a second line contributor to financial crime responses for due diligence questionnaires and other external stakeholder requests where specialist FCC input is required. 

Financial crime framework, policy and procedure oversight

• Support the maintenance of the Financial Crime compliance framework across key risk types, including AML, sanctions, bribery and corruption, fraud and tax evasion facilitation prevention. 
• Maintain awareness of minimum standards, policy requirements and procedural expectations, ensuring Wealth Management activity remains aligned to the wider financial crime framework. 
• Review first line procedures to assess alignment with financial crime policies, standards and regulatory expectations. 
• Support the maintenance of financial crime policies, standards and related inventories, including ownership, version control and review cycle tracking where relevant to the role. 

Monitoring, assurance and oversight

• Conduct or support second line assurance over first line financial crime key control processes, including thematic reviews, file reviews, control assessments and oversight activity. 
• Support the definition of a risk-based financial crime oversight plan covering key risk types such as AML, sanctions, bribery and corruption, fraud and tax evasion facilitation prevention. 
• Produce financial crime monitoring and oversight outputs, including themes, root causes, key risk indicators and remediation status for governance reporting. 
• Review financial crime control breaches and support assessment of root cause, containment, client impact where relevant, and remediation actions. 

Screening, transaction monitoring and control oversight

• Provide second line oversight and challenge over financial crime screening and alert management processes, including sanctions screening, client screening, investment screening and transaction monitoring. 
• Review escalated screening, sanctions, fraud, high-risk payment and nominated bank account matters where second line input is required following first line assessment. 
• Support review of screening tools, rules, risk assessment tables and related control arrangements to ensure they remain aligned with policy and risk appetite expectations. 

Management information and governance reporting

• Produce or contribute to financial crime dashboards for Board and management reporting, including trends, threshold breaches and remediation ageing. 
• Maintain or support the financial crime MI inventory and data lineage for relevant metrics, including transaction monitoring volumes, sanctions screening KPIs, ABC due diligence and fraud losses. 
• Provide clear, risk-based commentary on financial crime themes, incidents, issues, root causes, remediation progress and emerging risks for governance forums. 
• Produce or support the production of briefing materials for business leaders, committees, Boards or management forums on financial crime risks, control effectiveness, sanctions risk, ABC red flags and fraud trends. 

Risk assessment

• Support the annual financial crime risk assessment process, including workshops, challenge sessions, evidence review and documented outputs. 
• Apply financial crime risk assessment methodology standards, including scoring, evidence expectations, scope definition and control mapping requirements. 
• Contribute to risk assessment updates for Wealth Management, ensuring key risks, controls, issues and remediation actions are accurately reflected. 

Training and awareness

• Design, deliver or support mandatory, targeted and ad hoc financial crime training for Wealth Management audiences. 
• Maintain and update induction training material and role-based training content covering key financial crime risk areas. Track training attendance and support escalation of non-completion where relevant, particularly for higher-risk roles. 
• Issue or support targeted financial crime learning briefings following incidents, typology changes, regulatory developments or control lessons learned. 

Required knowledge and experience

• Strong understanding of financial crime risks in a Wealth Management environment, including AML, CTF, sanctions, fraud, bribery and corruption, tax evasion facilitation prevention, and proliferation financing. 
• Experience operating in a second line compliance, financial crime advisory, oversight, assurance or monitoring role. 
• Ability to provide effective challenge to first line teams while maintaining constructive and pragmatic working relationships with key stakeholders. 
• Experience preparing Board, committee or senior management MI, including risk-based commentary, trends, threshold breaches, remediation status and issue ageing. 
• Familiarity with client due diligence, enhanced due diligence, politically exposed persons, sanctions screening, adverse media or similar high-risk client review processes (including transaction monitoring). 
• Experience supporting regulatory reporting, due diligence questionnaires, policy/standards/guidance review, risk assessment or training delivery. 

Reporting

1. In discharging their responsibilities, the Head of Anti-Financial Crime Oversight Wealth Management shall:

• As appropriate, ensure that the Group Head of Financial Crime is made aware of any issues which the Head of Anti-Financial Crime Oversight Wealth Management deems as material and which should be communicated to the Chief Risk Officer and appropriate governance fora.

• Provide to the Group Head of Financial Crime Compliance, an annual assessment of their own performance against objectives agreed with them.

• Provide annual reports to applicable UK Boards, supporting input into the Board Audit and Risk Committee, the Group Risk Committee (GRC) and the Financial Crime Committee (FCC). 

We recognise potential, whoever you are

Our purpose is to provide excellent investment performance to clients through active management. Diversity of thought, facilitated by an inclusive culture, will allow us to make better decisions and better achieve our purpose. This is why inclusion and diversity are a strategic priority for us and why we are an equal opportunities employer. You are welcome here, regardless of your age, disability, gender identity, religious beliefs, sexual orientation, socio-economic background, or any other protected characteristic.

We’re a global investment manager. We help institutions, intermediaries and individuals around the world invest money to meet their goals, fulfil their ambitions, and prepare for the future.

We have around 6,000 people on six continents. And we’ve been around for over 200 years, but keep adapting as society and technology changes. What doesn’t change is our commitment to helping our clients, and society, prosper.