Senior Financial Crime Oversight Manager

The Financial Crime Outsourcing Oversight Manager will report to the MLRO UK.

The Compliance Function (Department) is the Risk Type Owner (RTO) over the Compliance and Behavioural Risks contained within the Risk Management Framework. Its mission is to assist senior management in identifying, assessing and effectively managing the compliance and behavioural risks of ABN AMRO.

It has developed a risk-based approach designed to ensure that reasonable measures (including policies, procedures, instructions, IT systems, monitoring and assurance methods, awareness and training activities, objective-setting, incentives, deterrent measures and sanctions) are taken in order to avoid or reduce the possibility of such compliance and behavioural risks occurring and to minimise the damage if such a risk should nonetheless occur.

The Department is responsible for all AAB UK (and residual Asset Based Finance 'ABF' post wind-down) compliance matters:
Advice, policy, training, regulatory developments and assurance activities regarding financial laws, rules, regulations and codes of conduct, data privacy oversight and combatting financial crime.

This role will sit within the Financial Crime Compliance team.

To monitor and oversee the governance and oversight of activities performed by ABN AMRO Group or third parties that have an impact on the financial crime risk profile of AAB UK and ensure compliance with applicable UK and EU regulations.. The role is critical in maintaining effective governance and oversight of third-party and any group-level service providers, ensuring accurate data, meaningful management information (MI), and full adherence to UK and EU financial crime compliance requirements.

Increased regulatory scrutiny over outsourced activities and financial crime risk management, coupled with a more complex cross-border regulatory landscape between the EU and UK post-Brexit, means institutions must demonstrate effective end-to-end control, regardless of where services are performed. This role ensures AAB UK's ability to meet its regulatory obligations and to exercise genuine oversight of critical outsourced financial crime processes.

Required level of education / working credentials

• Significant experience in a Financial Crime or Compliance roles within financial services (ideally banking or payments/cash management).
• Strong working knowledge of:
  • FCA Handbook (especially SYSC 6, SYSC 8, FCG)
  • UK and EU Guidelines on Outsourcing Arrangements
  • UK Money Laundering Regulations (MLRs 2017, as amended)
  • JMLSG
  • UK Economic Crime Acts
  • EU AML Directives and cross-border compliance expectations
• Experience in financial crime oversight, advisory and/or compliance assurance/monitoring.
• Strong understanding of financial crime systems and controls (e.g., transaction monitoring, sanctions screening, fraud systems).
• Experience of remediating and testing financial crime controls
• Professional qualification relevant to financial crime compliance

Competencies

• High attention to detail, especially in managing data quality, reconciliations, and MI reporting.
• Excellent communication and stakeholder management skills.
• Good credibility, trustworthiness, problem solving, task management and self-management competencies.
• Show a high level of drive and commitment that the key aims and objectives of the role are achieved.
• Self-starter and ability to engage with stakeholders at all levels.
• Pro-active working style, alert to improvement opportunities in governance and oversight frameworks.
• Ability to work in an environment where change is a constant.
• Good understanding and ability to define KPI's & KRI's.
• Excellent team player with a strong focus on working together to achieve results.
• Ability to remain professional and…