Financial Crime Manager (Deputy MLRO)

About us

We are a team of ambitious, passionate, and committed people who have come together to make our shared purpose a reality – to help build better futures for the communities that need it most. We recently achieved our full banking licence and are delighted to be growing our team to enable our ambitions. We are determined to grow a bank that we and our team can be proud of. One that makes a difference, is empathetic, fair and creates opportunities for everyone.

Role purpose

In this exciting new role you will support GB Bank’s Head of Financial Crime & MLRO in the day to day execution of Line 2 fraud and financial crime responsibilities, acting as nominated officer for GB Bank and providing oversight and advisory to Line 1 operational teams.

Key areas of responsibility:

  • Act as the bank’s nominated officer, responsible for liaising with external agencies and filing Suspicious Activity Reports (SARs) to the National Crime Agency.
  • Own and develop the bank’s financial crime assurance framework, supporting the development and implementation of Line 2 oversight activities, quality assurance and thematic assurance testing of Line 1 activities.
  • Provide fraud and financial crime SME input to the bank’s program management process to support new products and initiatives, ensuring that relevant risks are identified and mitigated, and the bank meets it policy and regulatory requirements.
  • Support the development of the bank’s financial crime risk framework, drafting and developing appropriate policies, procedures, and processes to manage fraud and financial crime risks.
  • Support the Head of Financial Crime & MLRO with the annual firm wide financial crime risk assessment and preparation for the annual MLRO report.
  • Lead on the design and delivery of internal MI reporting and support external regulatory reporting requirements.
  • Provide technical expertise into current and future financial crime technology solutions, their implementation and configurations.
  • Support with Line 2 oversight of 3rd parties as per SYSC8 outsourcing requirements, including the likes of loan originator partners, deposits aggregator platforms and other relevant third parties providing services to GB Bank.
  • Provide advice and guidance to Line 1 colleagues in relation to complex CDD onboarding queries and customers presenting higher financial crime risks to the bank.
  • Conduct horizon scanning for regulatory change and maintaining a view of industry best practice.
  • Provide Fraud subject matter expertise to support the enhancing of the bank’s fraud management capabilities

A bit about you – You are/have:

  • Expert knowledge and practical application of obligations under the UK regulatory regime, including Money Laundering Regulations, JMLSG Guidance Notes and FATF Guidance.
  • Considerable skills and experience of fine tuning/optimising and implementing financial crime technology/SaaS solutions.
  • Extensive knowledge and financial crime experience, ideally gained from a Payments, Deposit accounts or SME Lending background.
  • Strong experience in Line 2 oversight activities, supporting the design and delivery of scalable financial crime frameworks and control environments.
  • Leading fraud management expertise and practical knowledge working with external agencies, such as Cifas.
  • Professional accreditations from recognised industry bodies (ICA or ACAMS) and a commitment to continual professional development are preferred
  • Minimum of 8 years’ experience in relevant roles and organisations is favourable

What we can offer you:

💰 8% company pension contribution and 3% individual contribution (which you can opt to increase)

🌴 30 days holiday every year – which includes your birthday off 🎂 + bank holidays on top

🏖 Work from Anywhere – for four weeks of the year you can work from anywhere worldwide

🏡 Flexible working – you ‘own the way you work’ and we are proud to have been recognised as being one of the top 100 most flexible companies to work for in the world.

🏥 Top tier private medical cover with WPA – includes no excess + you can add family through salary sacrifice

🔒 Death in service at 4 x base salary with Aviva

🧠 Mental health support – through a helpline and counselling sessions

👶 Enhanced maternity, paternity and adoption leave

🎉 Various surprise and delight moments throughout the year to help build team connection

What else do I need to know?

  • Location: You will predominately work from home but will be required to travel to our offices when your role requires this.
  • Salary: £70,000 – £90,000
  • Hours: 35 Hours per week

How to Apply:

Please submit both your CV and cover letter to careers@thegbb.co.uk, linking your experience to our requirements in order to have your application considered.

We are an equal opportunities employer and positively encourage applications from suitably qualified and eligible candidates, regardless of their age, sex, race, disability, sexual orientation, gender reassignment, religion or belief, marital/civil partnership status, or pregnancy and maternity.

At GB Bank, we value privacy and data protection rights. We have longstanding data protection culture and promote robust ethical standards in data management. Please read our Privacy Notice in relation to our recruitment activities before submitting your application to work with us.