Financial Crime Senior Compliance Manager

7h7 hours ago

T. Rowe Price

London, GB · Full-time · £110,000 – £140,000

About this role

This is an exciting opportunity to join T. Rowe Price as we continue to develop our business to facilitate our growth strategy within the investment management industry. The primary responsibility is to support the Global Financial Crimes Compliance (GFCC) team with defined enhancements to the global FCC framework.

Key deliverables include enhancements related to anti-money laundering, counter terrorist financing, sanctions, proliferation financing, anti-bribery and corruption, fraud prevention, and the prevention of the facilitation of tax evasion. The role will provide dedicated programme support across key workstreams such as enterprise-wide risk assessments, non-client due diligence, asset due diligence, and operating model improvements.

You will partner with client facing and non-client facing teams across KYC Operations, Relationship Managers, Transfer Agents, Middle office, Investment Compliance, Investment Operations, investment desks, and wider Compliance to support implementation of the FCC framework mainly in EMEA/APAC. The collaborative culture respects and values differences, with colleagues who share a spirit of generosity.

At T. Rowe Price, we identify and actively invest in opportunities to help people thrive. You can expect opportunities to create real impact at work and in your community, with resources to support your career path, compensation, benefits, and flexibility to enrich your life.

Requirements

Strong understanding of prevailing laws, regulations and industry standards related to Financial Crime Compliance (FCC).
Experience with asset management firms, their FCC policies and procedures, as well as systems and technology (e.g., name screening tools) used in FCC processes.
Ability to design, enhance and implement FCC risk assessment methodologies and aggregated risk rating approaches.
Experience defining due diligence standards and supporting implementation across clients, assets, counterparties, vendors and introducers.
Proficiency in reviewing Risk and Control Self Assessments (RCSAs), due diligence outputs, control gaps, and remediation activity.
Knowledge of anti-money laundering, counter terrorist financing, sanctions, proliferation financing, anti-bribery and corruption, fraud prevention, and the prevention of the facilitation of tax evasion.
Experience working with both client facing and non-client facing teams in a global compliance environment.

Responsibilities

Support the Global Financial Crimes Compliance (GFCC) team with defined enhancements to the global FCC framework.
Maintain the horizon scanning log for the UK to keep up to date with prevailing laws and share with the wider GFCC team.
Design, enhance and implement FCC risk assessment methodologies, including enterprise-wide risk assessments and aggregated risk rating approaches across clients, products, industries, jurisdictions and delivery channels.
Define due diligence standards and support the implementation across clients, assets, counterparties, vendors and introducers.
Review Risk and Control Self Assessments (RCSAs), due diligence outputs, control gaps, remediation activity and other risk data to form risk opinions.
Partner with client facing and non-client facing teams across KYC Operations, Relationship Managers, Transfer Agents, Middle office, Investment Compliance, Investment Operations, investment desks, and wider Compliance to implement the FCC framework mainly in EMEA/APAC.