Job Introduction
Handelsbanken is a relationship bank built on trust, long-term thinking and local decision-making. We provide bespoke banking and wealth management services to personal and corporate customers,
Our decentralised model means decisions are made close to the customer, in our branches. Our central Functions teams play a vital role in supporting the branch network, providing the expertise, governance and infrastructure that enable branches to serve customers effectively and sustainably.
This approach had underpinned our success for decades. Handelsbanken is independently recognised as one of Europe’s safest commercial banks, holds the strongest credit rating among its peers and is consistently ranked highly for customer satisfaction and relationship banking.
Our culture is values-led, shaped by trust, respect, and long-term thinking. We empower our people to use their expertise, make confident decisions and build long-term careers. We look for people who share our long- term vision, want to grow and want to make a meaningful impact in their local community and with the Bank
Check our Handelsbanken website for further information
Key responsibilities
- Provide subject matter expertise, advice and counsel to the First Line of Defence on financial crime risk, regulatory expectations, policies and procedures.
- Support the Deputy MLRO in the investigation, escalation and reporting of suspicious activity and other material financial crime concerns where required.
- Contribute to the enhancement and continuous improvement of the Financial crime framework, including policies, procedures, systems, controls and governance processes.
- Assist in the delivery of the annual financial crime compliance monitoring programme by undertaking agreed financial crime monitoring activities to a high standard and delivering results in a timely manner. This includes High Risk review and High risk onboard quality assurance, and thematic and targeted reviews.
- Work proactively to identify control gaps and weaknesses, determine root cause, and escalate and propose viable solutions to the risks and weaknesses identified, working to mitigate risk.
- With the support of the Deputy MLRO, agree action plans with the business as a result of monitoring work and follow up with the business to ensure identified risks are adequately mitigated and closed in line with agreed action plans and for evidencing and recording rationale for closure. Highlight any delivery concerns.
- Provide support in the completion of the annual Business Wide Risk Assessments.
- Make or assist with the delivery of relevant reporting and MI to inform Management of the financial crime risks and their status. This includes supporting the Deputy MLRO and MLRO with information for reports to internal committees, Executive Committee, Board and the wider Handelsbanken Group as required.
- Contribute in horizon scanning activities to identify emerging financial crime typologies, regulatory developments and industry best practice, assessing potential impacts to business.
- Assist in training and educating the business on financial crime matters of relevance.
- Champion a positive and effective compliance culture within HWAM, helping the business to manage compliance risks effectively within their respective areas of responsibility.
- Maintain an independent mind-set taking an impartial and objective view of internal practices, whilst maintaining good relationships that permit constructive and valued challenge.
- Assist as required in providing secretariat support to the Financial Crime Prevention Committee (chaired by the MLRO).
What we’re looking for
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…
- Previous experience working within a small to medium asset and wealth management firm, with the ability to operate as a financial crime generalist across a broad range of activities.
- Minimum of 7 years financial crime prevention or compliance experience, with at least 3 years in a 2LOD function.
- Experience of working independently to assess the effectiveness of financial crime controls through quality assurance testing and compliance monitoring reviews.
- Be able to demonstrate strong stakeholder management skills.
- Possess a proactive and solutions focused mindset.
- Be self-motivated and capable of working independently whilst contributing positively within a collaborative team environment.
- Be confident to make decisions.
- Take responsibility for his/her own development.
- Be adaptable, resilient and comfortable operating within a growing and evolving business.
- Demonstrate high ethical and moral standards.
- Be highly organised with strong attention to detail and the ability to manage multiple work streams simultaneously.
Why join Handelsbanken
We want everyone at Handelsbanken to feel supported, motivated, and able to do great work. That’s why, alongside brilliant colleagues, meaningful work and training and development opportunities, we provide a variety of benefits designed with your wellbeing in mind.
In addition, there is a flexible benefits package with the key highlights detailed below.
Application next steps
Your journey with us begins once you have submitted your application. One of our Handelsbanken Talent Acquisition Partners will be reviewing your details and will later organise a phone conversation if your experience aligns with our requirements, we will extend an invitation for you to participate in an interview.
This advert will be live for a minimum of two weeks. However, please note that after the two weeks, the closing date could change at any time depending on the number of responses received.
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.
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