Head of Financial Crime Operations

Head of Financial Crime Operations

Rev & Regs – a dynamic commercial and retail bank focused on mortgages and lending

Location: Hybrid (3 days per week in City of London)

Salary: £105,000 plus bonus

• Deliver a 1
  
  LOD financial crime model that aligns with the Board and Executive Committee expectations, managing financial crime controls and tasks within 1
  
  LOD.
• Lead the Financial Crime Team in executing duties such as Onboarding, Name Screening, Payment Screening, Transaction Monitoring, Fraud, Periodic & Event Driven Reviews, and Quality Assurance.
• Maintain positive working relationships with stakeholders including 1
  
  LOD Managing Directors, the Money Laundering Reporting Officer, and 2
  
  LOD Financial Crime.
• Foster a culture of continuous improvement by identifying opportunities to enhance controls and leverage technology to mitigate financial crime risks.
• Drive operational efficiency and reduce costs by implementing continuous improvements in the team’s operations and processes, reducing headcount requirements over time.
• Develop and maintain financial crime processes and procedures that meet internal, regulatory, and legal requirements.
• Collaborate with the Compliance department where necessary to seek advice on complex financial crime risk matters and support production of risk assessments and MLRO reports.
• Ensure performance of key financial crime controls owned by 1
  
  LOD is subject to appropriate quality assurance, control, and testing.
• Ensure screening and transaction monitoring controls are risk‑assessed, calibrated, and subject to ongoing efficacy reviews in line with risk appetite and under 2
  
  LOD oversight.
• Provide financial crime expertise in assessing business transformation, small change projects, and product reviews to ensure compliance with internal, regulatory, and legal requirements.

• Significant demonstrable experience in a financial crime risk leadership role, or similar.
• Experience with in the mortgages or lending industry is an advantage.
• Demonstrable experience leading and managing a team responsible for financial crime control management.
• Exceptional knowledge of financial crime risks, controls, and assessments.
• Strong understanding of legislative and regulatory frameworks applicable to FCA and PRA regulated financial services institutions.
• Professional qualification in Financial Crime Prevention (e.g., ICA or ACAMS), or similar.