Job Description

SCUK Financial Crime Manager (Compliance) Country: United Kingdom A new position has become available in the Compliance Financial Crime team. We are looking for a Financial Crime (Compliance) Manager, to deliver a first class Financial Crime Compliance function, ensuring the business operates in accordance with all applicable laws, rules and regulations whilst supporting the strategy and commercial aims of the business. Delivery of effective measures for prevention or identification, management and control of financial crime risks. Providing guidance to business on embedding and delivery of regulatory requirements. Responsibilities will include:

• Maintain awareness of proposed changes to Financial Crime legislation, clarify and assess potential impact on SCUK and prepare briefings for ExCo as necessary.
• Represent SCUK on industry or regulatory forums to discuss developments and gain insight to inform of SCUK activity
• Support the development and maintenance of compliant, customer-focussed policies and procedures through maintaining an up-to-date awareness of developments to European and UK legislation, drawing on direction and guidance by senior management as required; to ensure delivery of relevant parts of these policies
• Manage implementation of all changes necessary arising from new law, regulation, rules, guidance, codes of conduct and industry best practice - in addition to policies imposed upon SCUK by our parent bank, Santander Consumer HQ and/or the wider Santander Group.
• Ensure that appropriate, relevant and up to date Financial Crime compliance training is delivered across the business, including mandatory online modules and face to face sessions.
• Maintain staff awareness of our regulatory obligations and compliance policies via use of various mediums.
• Support development of effective Financial Crime MI capabilities and feedback systems to ensure that appropriate key risk indicators are identified and monitored by the businesses in a timely manner.
• Liaise with internal departments to ensure Santander Consumer-wide reports accurately reflect the status of each function, escalating issues to senior management as and when appropriate
• Analyse Financial Crime MI to ensure processes/procedures operate in a compliant manner and are consistent with high-level policy. Where shortfalls exist, recommend strategies/plans for improvement and monitor action.
• Is pro-active in identifying financial crime risks and issues and supports the delivery of appropriate solutions to mitigate and/ or address these.
• Ensure senior management are promptly advised of any significant issues as they arise, and assist in formulating action plans and preparation of any necessary notifications to regulators.
• Instigate projects or initiatives which close regulatory gaps and manage actions to address issues identified via in-house monitoring, Internal Audit reports or regulatory reviews.
• Review, research, develop and recommend systems, procedures and services to support continual improvement of quality assessments of compliance.
• Assess, establish and monitor the effectiveness of initiatives that will produce significant improvements in regulatory compliance across the business.
• Be the Compliance lead on Financial Crime related activities
• Represent the SCUK Compliance function at internal and external meetings, forums and committees as and when required.
• Ensure compliance with relevant Financial Crime policies and procedures and new regulatory requirements.
• Manage the performance and development of individual members of the specialist Compliance team
• Ensure own continual professional and personal development.
• Supporting the development and upskilling of more junior members.
• Owning and enhancing existing risk frameworks, becoming the SME for the business and ensuring alignment with wider internal and external frameworks
• Taking the lead of key Financial Crime reports required by both internal and external audiences, coordinating with the relevant teams where necessary
• Ensuring timely collation, production and publication of high-quality papers, minutes and tracking of actions
• Leading and directing the Financial Crime Forum and take responsibility for the production of relevant papers in a timely fashion.
• Leading and directing the OBE and take responsibility for the production of relevant papers in a timely fashion.
• Support the implementation of the Strategic Blueprint and any strategic initiatives as communicated by SCUK; be an ambassador and role model the TEAMS behaviours

As a technical expert:

• Identify key Santander Consumer initiatives where subject matter expertise is required in order to be compliant, and ensure the business has access to appropriate advice as and when required.
• Act as a point of contact for technical guidance and policy interpretation, identifying those issues that cannot immediately be solved and escalating as appropriate
• Regularly review industry publications and other external information and share knowledge (upward and downward) as appropriate.

Risk

• Deal with or escalate any identified risks in relation to Santander Consumer risk policies and/or legislative and regulatory guidelines in accordance with the Santander UK group risk framework.

What we\xe2\x80\x99re looking for:

• Significant risk and compliance experience and be well versed in the area of financial services operations
• A strong commercial awareness and an ability to produce technical and policy output which is clear and practical
• Strong communicator/influencer evidence of effective management of stakeholders up to Board Level
• Demonstrated experience in providing solutions to regulatory issues and taking ownership of resolution
• A detailed knowledge of regulatory and industry matters gained from UK finance or banking organisations
• People management \xe2\x80\x93 experience in leading and developing teams and individuals
• A sound understanding of risk controls, processes, measures and related MI/reporting and the related technical knowledge.
• Sound knowledge of regulated and compliant environments and the control thereof.
• Has ideally worked within motor related financial services or as a minimum worked within a related services sector or within financial crime risk or compliance within a financial services firm.
• Is able to produce sound working documentation and presentations, including business case proposals and requirements, briefs and presentations.
• Has an appreciation of legal, regulatory and compliance issues relating to the use of customer data and is familiar with the principles encapsulated within \xe2\x80\x98treating customers fairly\xe2\x80\x99 and conduct risk.
• Has the appropriate level of tertiary education or professional risk/compliance industry related qualifications in the context of financial crime, compliance or risk

We have a range of benefits available which include:

• Competitive salary dependent on experience
• 30 days holiday per annum, plus bank holidays
• Annual bonus based on personal and company performance
• Car allowance
• Private medical cover
• Generous pension contributions
• Employee assistance programme
• Enhanced family friendly policies
• Sharesave scheme
• Gym passes at a reduced rate for 3,000 gyms, leisure centres etc
• Local retail and high street brands discounts

Equal Opportunities Santander Consumer Finance are an equal opportunities employer. Our customers come from a wide range of backgrounds, and so do our people. By reflecting and celebrating diversity in our workforce, we\xe2\x80\x99ve created an inclusive culture, which adds real value to our business. When we talk about diversity, we\xe2\x80\x99re not just paying lip service. It\xe2\x80\x99s too important. Everyone here is selected, promoted, and treated on their aptitude and skills to do the job, irrespective of their gender, age, disability, race, religion & belief, or sexual orientation. It\xe2\x80\x99s a culture where everyone counts, in which the diverse range of backgrounds and perspectives makes us stronger and helps us retain talented people and develop them to their full potential. What are the next steps: If you are interested in this role and believe you have the skills, experience, and knowledge then we\xe2\x80\x99d love to hear from you. Please go ahead and click apply which will take you through some questions and allow you to submit your CV and covering letter.