About this role
Programme Consultant: Financial Crime Transformation Specialist
Contract: 7 months (initial phase, subject to review) Pay Type: Inside IR35 via Umbrella Clearance: Valid SC clearance required Working pattern: 50% onsite in London
About the role
Our client, a leading UK financial institution, is looking for an experienced professional to provide market knowledge and technical expertise to a project reviewing its future transaction screening and monitoring capability. The scope covers sanctions compliance, anti-money laundering, counter terrorist and proliferation financing, and payment fraud prevention across its financial operations.
You will join during the first phase of the project to help define detailed requirements. This phase is expected to last around six months, and the engagement will be reviewed as the project develops.
Key responsibilities
Analyse the required scope and coverage of transaction monitoring, taking into account the organisation's activities and risk profileEvaluate current arrangements, including the operating model, to identify strengths and opportunities for improvementCarry out market scanning and research to determine best practice and future trendsProvide financial crime technical analysis to support key design decisionsContribute technical expertise to business cases and statements of requirementsPrepare for later phases, including potential vendor selection You will work flexibly as part of a team, and priorities may shift as the project progresses.
Essential experience
You must have recent, hands-on technical experience of financial crime transformation projects within banks, across fraud, money laundering and sanctions, including detailed experience in:
The current software market and the future implications of AIEnterprise-wide risk assessmentDesigning bespoke customer risk assessment modelsDefining screening and monitoring rules and typologies to meet specific risk profilesValidating and re-optimising financial crime business processes and end-to-end alert handling operating models You will also demonstrate
Strong banking and payments knowledge, particularly correspondent banking and Swift messagingUnderstanding of international legal and regulatory financial crime requirements across sanctions, AML, counter terrorist and proliferation financing, and payment fraud preventionFamiliarity with best practice for complex change projectsKnowledge of best practice in model management and governanceThe ability to work collaboratively with stakeholders across Financial Crime, Technology, Risk, Legal and Procurement If this role is of interest to you, and you currently have an active SC Clearance, please apply now!
Guidant, Carbon60, Lorien & SRG - The Vertage Group Portfolio are acting as an Employment Business in relation to this vacancy.