Financial Crime Systems Senior Manager

Recruiter
Aviva
Location
United Kingdom
Posted
25 Sep 2017
Closes
03 Nov 2017
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time
Financial Crime Systems Senior Manager London Job ID: R-55839 Full time Role Description We operate in a complex and rapidly changing regulatory environment and it is as important as ever that our global financial crime related systems and databases are first class. Our financial crime capabilities and in particular our ability to automate detections processes are imperative. As a business we have a Digital and True Customer Composite agenda which drive how we deliver great customer outcomes within a heavily regulated environment. The Group Compliance function (GCF) and the business units work closely together to ensure this is achievable. Role Overview: The role is intended to support the Aviva Group in the review, implementation, business as usual maintenance and oversight (governance) of global financial crime surveillance and related systems/databases/lists. Primary accountabilities will include: *Reviewing and benchmarking existing global financial crime and regulatory systems to ensure they are in line with applicable regulatory expectations, consistent with industry standards, fit for purpose and operating effectively. *Ensuring designated systems are fit for purpose and are operating to globally consistent standards. *Ensuring that screening lists are globally consistent, are benchmarked to industry common practice and are kept up to date. *Performing system validation and optimisation to ensure system thresholds are appropriate and consistent with industry best practice. *Proactively identifying areas where current financial crime related initiatives and/or key controls can be automated. *Overseeing RFI/RFPs and business cases for new system initiatives and on-going system support. *Ensuring relevant regulatory obligations, e.g. system validation and data protection, are complied with in system implementation and BAU maintenance. *Serving as subject matter expert for financial crime system implementations and processes; Day-to-Day and Change management, access and licence management, training and guidance provision. *Developing and collating MI regarding specific financial crime risks, programme implementation and status and analysis of current law enforcement and regulatory trends. In addition you will also provide financial crime screening expertise and strategic support to markets and business units in the implementation of risk based, proportionate, comprehensive and effective financial crime prevention programmes. Working closely with the Global Compliance Function and Business Units, you will provide cross-functional support on financial crime matters and will share lessons learned and best practices in relation to the use of financial crime systems Risk Management will form a part of your role and you will ensure effective and embedded risk management is a key responsibility for all senior managers. You will therefore: *Ensure that there is an appropriate culture in place and in line with the requirements of the Group and function. *Understand and champion the Group's Financial Crime Risk Management Framework, including all Risk Policies and linked Business Standards; reporting, escalation and governance processes (including all legal and regulatory requirements). *Maintain effective and efficient risk management and internal control systems, in line with agreed risk appetite, where necessary directing action plans to rectify ineffective controls and bring associated out of appetite risks within appetite. Experience: *Knowledge of financial crime databases (such as world check or Dow Jones watchlists). *Up to date knowledge of best practise in financial crime system validation and optimization. *Broad awareness of regulatory/financial crime regimes and local business environment in countries where Aviva has significant business operations. *A thorough knowledge of the FCA regulations relating to financial crime, particularly the parts on transaction monitoring and customer screening. *Excellent industry knowledge and technical specialist on financial crime systems, particularly Oracle Watchlist. *Thorough understanding of best practice in financial crime alert investigation processes and their scope for automation. *Knowledge of best practice and emerging developments in financial crime prevention and the use of financial crime prevention systems in similar multinational organisations. *Relevant financial services sector experience and experience of working in a complex regulated environment. *Proven track record in working with IT staff to manage and maintain compliance and financial crime systems. Additional Information Benefits Include: *Salary: Negotiable dependent on skills & experience. *29 days' holiday plus bank holidays. *Competitive on target performance bonus. *Up to 14% Company contribution to your pension. *Aviva flexible benefits. *Employee discounts. *Season ticket loan. *Share scheme. Bring to Aviva what makes you different and we'll support you to do the best work of your life. We encourage applications from everyone who wants to help us achieve our purpose of helping our customers to Defy Uncertainty. One of Aviva's core values is Care More, and this is brought to life through the flexible ways we like to work. This may include working from home some of the time, or flexible work schedules to accommodate parent and carer responsibilities, further studies and hobbies.
This job was originally posted as www.jobsite.co.uk/job/959142682