Global Financial Crime Lead, Senior Manager

About Zodia Custody

Zodia Custody is the leading institution-first digital asset custodian, formed through a partnership between Standard Chartered, Northern Trust, SBI Holdings and National Australia Bank. Our mission is to enable institutional investors worldwide to fully embrace the potential of the digital asset future in a secure and reliable manner. By combining cutting-edge technology, robust custody solutions, and a focus on governance and compliance, Zodia Custody meets the complex needs of institutional investors.

This is a full-time hybrid role for a Global Financial Crime Lead, Senior Manager at Zodia Custody based in London. As the GFCL, you will play a pivotal role in safeguarding the firm's assets and reputation by implementing and operating the firm’s comprehensive financial crime control framework, ensuring Zodia’s adherence to regulatory requirements and mitigating business risk with a key focus on financial crimes prevention from a 1

LoD basis. You will be responsible for overseeing and operating the Risk and Compliance controls required to meet Zodia Custody’s financial crime and other regulatory obligations, policy requirements and business risk management approach across Zodia Custody and its subsidiaries.

Your day-to-day tasks will include leading the Financial Crime Prevention team and the Onboarding Team, (including guidance, development and rewards), assessing KYC files, acting as the in-business risk management advisory within the 1st line functions (including product, sales and operations) and ensuring Zodia’s controls are executed in line with its policies and procedures. The role will also involve identifying potential risks, developing risk mitigation strategies across the business functions, conducting risk assessments, and ensuring compliance with regulatory requirements.

This role covers a broad range of Risk Management activities and the full spectrum of Financial Crime sub-risk types (AML/CTF, Fraud, AB& C & Sanctions). The ideal candidate will have a deep understanding of the digital asset ecosystem, a proven track record of managing risk in a complex financial environment and a strong knowledge of financial services regulations, especially regarding financial crime risk management in digital assets.

• Lead the Financial Crime Prevention team and the Onboarding Team, including guidance, development and rewards. These teams have responsibility for (1) Risk Rating prospective and existing clients and other relationships (2) Performing risk-based due diligence at onboarding and an ongoing basis (3) investigating and resolving Sanctions, PEP and Adverse Media Alerts (4) Investigating and resolving post-facto Transaction Monitoring alerts (5) Investigating and resolving in the first instance potential suspicious activity reported through other functions (6) Conducting on-chain investigations
• Provides 1
  
  LoD approval for all client and non-client relationships entered into by Zodia Custody, including assessing the level of financial crime risk posed by the relationship and imposing conditions or additional mitigants as required to manage risk
• Overseeing the execution of quality control (maker, checker) and quality assurance (CST) in the operations team to ensure effective implementation and execution of risk management controls aligned with Zodia Custody’s policies and standards with a significant focus on financial crime controls.
• Overseeing the execution of the defined governance in the operations team, including management information and reporting.
• Works with Sales and Relationship Managers to support Zodia Custody offering services to clients in a way that grows the business while managing Zodia Custody’s risk appetite and need to be compliant with regulatory obligations
• Oversees the operational risk management strategy, identifying areas of future regulatory change and potential efficiency to maintain ongoing effectiveness of the financial crime prevention function. Effectively and collaboratively identify, elevate, mitigate and resolve risk, conduct and compliance matters.
• Owns or co-owns key vendor relationships…