Job Introduction
Main Responsibilities
- Support the Bank’s Senior Manager responsible (MLRO) for oversight of its compliance with the Regulators’ rules on systems and controls for prevention of Money Laundering and Terrorist Financing. Specifically in respect of CMP execution:-
- Support FC Risk Manager to develop annual CMP, which covers all the Banks material risks across Anti Money Laundering/Terrorist Financing, Sanctions, Bribery & Corruption, Fraud and Tax Evasion.
- Plan/document each oversight/thematic review to ensure scope is clear i.e. production of Terms of Reference ToR which includes testing approach, sample size and key areas to be tested etc.
- Test that key processes are being executed/material risks are being managed in accordance with Policy and regulatory expectation
- Agree factual accuracy with stakeholders and produce a report on any gaps identified (observations) with actions/timeline agreed too
- Produce a high level summary of the completed review to share at Financial Crime Risk and Compliance Committee
- Escalate to key stakeholders in both 1LoD and 2LoD where material observations are identified in a prompt manner
- Work with stakeholders to ensure agreed actions are tracked and closed in a timely manner including a risk based approach to action closure validation
- Support Compliance (or external consultants) who execute occasional FC oversight reviews on behalf of FC Compliance at key stages of the oversight life cycle e.g. complete teaching sessions if required, ToR, testing and reporting
- Maintain a robust record of all oversight reviews completed
- Operate in line with the Bank's Risk Management framework (including sub-frameworks) and relevant risk and compliance policies and procedures, ensuring appropriate and timely escalation of any concerns to their line manager.
Ideal Candidate
Research (by Harvard University) shows that women are particularly likely to second guess themselves and not apply - so if you are worried you don't meet all the criteria, get in touch anyhow and let us do the worrying…
- A deep understanding of FC related processes and risks is essential
- Experience of executing oversight/thematic reviews would be advantageous but is not a necessity
- Ability to work well under pressure and manage high profile/time critical workload (effective prioritisation of workload and multi-task is essential)
- Attention to detail and accuracy is essential
- Excellent verbal and written communication skills
- Ability to build strong professional relationships at all levels and represent the Bank effectively
- Interpersonal skills and the ability to work well with impact with people at all levels
- Integrity and discretion
- Seeks to continuously develop in order to enhance and acquire knowledge, skills and expertise
- Proactive self-starter who is able to work with minimal supervision
- Competent using Microsoft Word, PowerPoint, Excel and Outlook
- Experience of working within a 2LoD FC Team would be an advantage but not a necessity
- A relevant FC qualification would be an advantage but not a necessity
Company Information
Handelsbanken is a relationship bank with a decentralised way of working, a strong local presence thanks to a nationwide network of branches, and a long-term approach to customer relations. Each Handelsbanken branch operates as a local business enabling it to make decisions at a local level and provide a bespoke service. The focus is always on the need of the individual customer and not on the sale of specific products.
The Bank is deeply committed to embedding good equality and diversity practice into all of our activities. This is so that we are an inclusive, welcoming and inspiring place to work that encourages everyone to apply, regardless of socio-economic background, age, disability, pregnancy and/or parental status, race (including colour, nationality, and ethnic or national origin), veteran status, marital and civil partnership status, religion or belief, sex, gender reassignment or sexual orientation.
Check our Handelsbanken website for further information
At Handelsbanken, we deeply value our unique culture and values including trust in and respect for each individual. We take pride in nurturing a work environment where people flourish, and where they are empowered to take decisions in their areas of expertise. We take a long term perspective in everything we do and want each employee who joins us to build a long terms successful career with the Bank.
What is in it for you?
- We have a wide range of learning and development available, empowering and enabling our colleagues to take ownership of their own development.
- Competitive Salary and an extensive range of benefits is provided, including private medical insurance, income protection and life assurance
- A market-leading pension contribution of 15% paid by the bank, which can be invested in a wide range of funds (including ESG and Shariah funds)
Application next steps
Your journey with us begins once you have submitted your application. One of our Handelsbanken recruiters will be reviewing your details and will later organise a phone conversation if you match the role requirements. If there is a mutual fit, we will extend an invitation for you to participate in an interview.
How can we support you to be your best self? Our Talent Acquisition team will be happy to provide support e.g. if you need additional time to prepare for an interview or you have any requirements for any part of the interview/hiring process – just let us know by email uk_talent@careers.handelsbanken.co.uk.