Head of Financial Crime Surveillance - Director
Job purpose
Strategic leadership and day to day supervision of the AML Surveillance team, focussing primarily on the framework for the automated monitoring of client activity for the London Branch, strategy, tuning etc.
Close liaison and cooperation with the Head Office and Group Financial Security - on strategic AML topics and BAU activities relevant to London Branch;
Ensuring that, as far as possible, appropriate and effective AML surveillance is conducted across CIB UK in accordance with Group Policies and UK legal and regulatory requirements. Providing expert advice in AML surveillance to UK Businesses.
Key responsibilities
• Manage the team including oversight of workload and ensure the quality of AML surveillance activities.
• Providing expert strategic advice to First and Second Line Business/Compliance on emerging risks, legislation, technology etc. and tactical advice on day to day activities.
• Ensure a robust and effective AML surveillance framework and review programme is in place across CIB UK to support the financial security risk management framework.
• Oversee the regular review of, and improvements to monitoring systems and thresholds/parameters to ensure continued detection of unusual activity is as reliable.
• Provide strategic oversight of UK transaction monitoring developments.
• Provide thought leadership on possible improvements to both monitoring technology and other, non-IT elements of identifying unusual activity.
• Provide thought leadership on the use of non-rule based surveillance technologies e.g. artificial intelligence.
• Lead the collaboration with the business in the development of their AML Surveillance capabilities.
• Lead the oversight of manual transaction monitoring activities.
• Lead the oversight of near shored AML surveillance alert handling activities.
• Lead the collaboration with CIB & Group teams in the enhancement of transaction monitoring capabilities and systems.
• Oversee the configuration and optimal use of customer screening tools.
• Maintain continuous oversight of AML risks identified, with associated financial crime models.
