Financial Crime Manager - FTC until Dec 2026

Financial Crime Manager - FTC until Dec 2026

London

LHV Bank Limited is a UK-licensed bank operating across three core business segments:
Retail Banking, SME Lending, and Banking Services (BaaS). The bank is a wholly owned subsidiary of LHV Group, a listed financial services provider headquartered in Estonia. LHV Bank operates under a full UK banking licence granted in May 2023.

The Bank supports over 200 fintech clients with embedded financial infrastructure, provides retail savings products via digital channels, and offers SME credit solutions across the UK. In line with its regulatory responsibilities and growth ambitions, LHV Bank is committed to maintaining a robust and proportionate financial crime control environment.

Expanding our services, LHV Bank now provides personal banking solutions. Our offerings include current accounts with competitive interest rates, fixed-rate bonds for long-term savings, and debit cards. Customers can conveniently access these services through the LHV App, enabling secure account opening and management.

We are looking for a Financial Crime Manager, a key Second Line of Defence (2

LOD) position, to lead the completion and enhancement of the Bank's enterprise-wide Financial Crime Risk Assessment (FCRA), ensuring it accurately reflects the Bank's evolving products, services, customer base, delivery channels and financial crime risk profile. Working closely with stakeholders across the business, the role holder will assess inherent and residual financial crime risks, evaluate the effectiveness of existing controls and identify opportunities to strengthen the Bank's overall financial crime framework.

The role will also contribute to business-as-usual activities and responding to emerging priorities as required. This may include providing independent assurance, guidance, and oversight on AML/CTF, fraud, and sanctions risks, ensuring LHV Bank operates in line with regulatory expectations, internal policies, and its stated risk appetite.

This is a fixed-term role until the end of 2026 but is central to maintaining a proportionate and risk-based Financial Crime Framework across Retail Banking, SME Lending, and Banking Services, while partnering closely with the First Line to ensure controls are well-designed, embedded, and continuously improved.

• Lead the completion and enhancement of the Bank's enterprise-wide Financial Crime Risk Assessment, working with stakeholders across the business to identify, assess and document inherent and residual financial crime risks. Where required, undertake targeted financial crime risk assessments for new or amended products, services and business initiatives to ensure appropriate controls are identified and embedded prior to implementation.
• Collaborate with Product, Risk, Operations, and Technology teams to ensure anti-financial crime (AFC) controls are appropriately embedded in customer journeys and supported by scalable infrastructure.
• Provide effective oversight and challenge of 1
  
  LoD transaction monitoring, screening, and fraud operations, and assess the adequacy of alerts, tuning, and case outcomes.
• Maintain the bank’s Financial Crime Framework, including policies and standards for AML, CTF, fraud prevention, sanctions, PEPs, and high-risk client typologies.
• Where required review and support Suspicious Activity Report (SAR) submissions, maintain MI on trends, and liaise with external bodies such as the FCA and NCA.
• Track and interpret regulatory developments, guidance (e.g., JMLSG, FATF), and emerging typologies.
• If required, support the preparation of Board, ExCo, and Risk Committee materials, contributing to governance packs and risk MI relating to financial crime risk posture.
• Promote a culture of risk awareness

To succeed in this role, you will need strong technical knowledge and have previously led or materially contributed to an enterprise-wide Financial Crime Risk Assessment, preferably within a bank. You will need to be able to facilitate discussions with business stakeholders, assess the effectiveness of controls, and produce a robust,…