Embedded Banking Financial Crime Oversight Lead

The role

You will lead financial crime oversight of Embedded Banking Partners, coordinating assessments of new partners' financial crime controls, with emphasis on outsourced processes. After onboarding, you will monitor those partners' controls, assess risks, and chair governance sessions.

What you will do

• Ensure and oversee compliance with internal policies, standards, industry guidance and regulation
• Lead Financial Crime Systems and Controls Assessments for all new Embedded Banking relationships
• Monitor and oversee existing Embedded Banking Partners from a financial crime perspective
• Ensure all oversight activities follow the Oversight Model
• Update financial crime aspects of Partner Risk and Control registries
• Define and report internal and external Key Risk Indicators
• Chair Embedded Banking Partner financial crime governance sessions where required
• Maintain Partner Management Procedures for onboarding and oversight
• Support delivery of the Embedded Banking change programme
• Build and maintain knowledge of relevant legislation, regulatory changes and best practice

Required qualifications

• Significant expertise in risk and control frameworks and regulatory compliance in financial crime, especially outsourced controls
• Audit, assurance or consultancy background with significant experience reviewing financial crime control frameworks
• Experience dealing with complex and varied business models
• Self-starter able to work independently and prioritise tasks
• Ability to communicate and negotiate with key stakeholders and customers
• Strong attention to detail and good judgement
• Work to tight deadlines while maintaining high quality
• Strong organisational skills to manage competing priorities

Nice to have

• Strong understanding of sectors such as money remittance, electronic money, APIs, cryptocurrency firms and merchant acquirers

Benefits

• 27 days annual leave plus bank holidays
• Buy or sell up to five days of annual leave each year
• Work abroad up to 30 days in a rolling 12-month period
• Holiday swap for bank holidays
• Flexible working to support work-life balance
• Two days per year for something that matters to you
• 24/7 employee assistance programme with mental health support
• Life assurance and income protection
• Private healthcare and discounted dental cover
• Enhanced family-friendly leave
• Personal development budget, role-related training and unlimited LinkedIn Learning

Before you apply

• ClearBank is not able to sponsor applicants for immigration purposes at the current time

About the company

ClearBank is a tech-bank building banking infrastructure that is faster, safer and more reliable. It describes itself as a place where people can challenge the status quo and belong.