Senior Manager, Financial Crime & Fraud Risk Frameworks

6w1 month ago

Westpac

London, GB · Full-time · £110,000 – £160,000

About this role

This role leads the WIB FCF 1LOD function for Europe and Americas (UK, US, Germany), acting as single point of contact for business teams on key client risk issues. It supports strategic change programs and drives consistent risk assessment and management processes across the division. The position establishes a ‘single view of risk’ for Corporate and Institutional Banking and Financial Markets.

Own execution of Financial Crime controls across UK, Germany, and US on behalf of the business. Lead operationalising of Financial Crime regulatory change and engage stakeholders for compliance. Serve as SME for policy review of group and regulatory AML changes, ensuring proportionality and commercial alignment like EU AML reform.

Maintain close working relationships with key stakeholders, global teams, and 2LOD to implement FC controls. Act as escalation point for Financial Crime implications in client engagements, trigger reviews, or deals. Drive standardisation of quarterly risk assessments and customer risk assessments.

Join a highly supportive and collaborative team with international coverage during Group Executive backed growth plans for WIB. Work with senior stakeholders across international offices. Westpac offers comprehensive health, wellbeing, lifestyle, and financial benefits.

Requirements

Understanding of complex client structures particularly Financial Institutions
Experience in similar Investment Banking organization covering Financial Markets and Lending Products
Experience of working globally with relevant experience of UK, US, and Germany
Risk or Compliance experience 5-8 years
Knowledge of financial crime regulatory changes such as EU AML reform
Ability to standardise and enhance financial crime risk policy approaches

Responsibilities

Own 1LOD execution of Financial Crime controls across UK, Germany, and US
Lead operationalising Financial Crime regulatory change and engage stakeholders for compliance
Serve as SME for policy review of group and regulatory AML policy changes ensuring proportional outcomes
Act as single point of contact for business teams on key client risk issues
Drive standardisation of quarterly risk assessment and customer risk assessments
Serve as escalation point for review of Financial Crime implications in client engagements
Ensure financial crime risk frameworks and programs are effective, sustainable, and compliant
Embed ‘single view of risk’ and risk-based approach across Lines of Business