Grow with UTB

This is a hybrid role working 3 days in the office (City of London location) and 2 days working from home.

Role Purpose: 

To undertake, and provide oversight of, key financial crime prevention and detection activities in line with UTB’s risk appetite and financial crime policies and procedures.

Responsibilities:

• Maintaining and executing the Financial Crime Monitoring Plan
• Undertaking thematic monitoring reviews, including testing, reviewing the severity of any issues identified, report writing and designing remedial actions
• Managing, overseeing and reviewing the testing and grading of quality assurance reviews
• Proposing actions to address root causes and identifying opportunities through monitoring work to support the improvement of processes and procedures
• Assessing, devising, recommending and implementing enhancements to Financial Crime controls across the Bank
• Ensuring regulatory requirements are being met and applied across a number of financial crime areas, including Anti-Money Laundering (AML), Fraud, Sanctions, Anti-Bribery and Corruption (ABC) and Anti-Tax Evasion
• Ongoing assessment and identification of the Bank’s Financial Crime Risks
• Completion of Financial Crime Management Information reporting as required
• Ensure effective and timely horizon scanning, providing guidance to the business on papers/guidance and regulatory change
• Preparing and supporting the Head of Financial Crime to deliver Financial Crime Training for employees across UTB
• Supporting and working with other Financial Crime Managers within the department to deliver departmental objectives as requested by the Head of Financial Crime

Skills and Experience sought:

• Current knowledge of money laundering, sanctions, fraud, bribery and corruption and market abuse laws/regulations
• Good understanding and knowledge of JMLSG
• Sound knowledge of AML Risk Based Approach concepts
• Knowledge of the regulatory and legislative requirements and industry practice for financial crime
• Experienced in testing, sampling and assuring processes and controls to mitigate risk
• A strong understanding of regulations and legislations relating to AML/CTF (Anti-Money Laundering/Counter-Terrorist Financing), Fraud ABC and Sanctions
• International Compliance Association Financial Crime qualification desirable, or equivalent professional qualification
• Line management experience
• Experienced in financial crime monitoring tasks, including written thematic reports

UTB is a dynamic and expanding specialist bank that provides solutions to our customers and brokers, which help them achieve their ambitions. Recognised as being one of the most dependable and well-respected Specialist Banks in the UK, we were delighted to see our balance sheet exceed the £2bn mark in 2022.

Exceptional customer service and the ability to provide rewarding deposits accounts and flexible lending solutions have helped us to develop productive and enduring relationships with our customers. We understand that their success is our success and that the quality of our people and teams, is key to delivering special outcomes for them.

We also understand that the performance of our people is directly linked to the culture in which they work. There is a strong sense of community at UTB and as well as promoting a clear set of internal values, and providing a wealth of facilities for training, personal development, and team building, we run a busy and varied calendar of engagement and social activity. Typical recent examples include: Pizza Lunch Days and Coffee Catch-ups; London Marathon and Sahara Challenge Sponsorships; Success Sharing and Value Awards; and Awesome Autumn social events ranging from Theatre Trips, Cocktail Mixology, and Cookery Classes, to Go-karting, Mini Golf and Clay pigeon shooting.

• competitive salary and discretionary bonus scheme
• matched pension contributions up to 7%
• 26 days annual leave plus two wellbeing days and opportunity to purchase additional holiday
• flexible and hybrid working
• private medical insurance via Vitality
• life, income protection and critical illness insurance
• enhanced family leave pay
• extensive learning and personal development opportunities
• electric car scheme and cycle to work scheme
• season ticket loan
• wellbeing support – discounted gym membership, employee assistance programme, 24/7 private GP access for staff and their immediate family (online), 1:1 key life stage coaching

Thank you for your interest in our current vacancy. Please click the link below to complete your online application.

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