Manager Group Financial Crime Compliance

Role summary

IQ EQ Group (IQ EQ) is committed to maintaining the highest levels of legal and ethical standards in the conduct of its business and places the highest importance upon its reputation for compliance with all applicable laws and rules and for honesty and integrity.

The overall goal of the Group Risk & Compliance (GRC) function is to protect the Group brand and to support the successful execution of the Groups business strategy through the delivery of an integrated risk and compliance programme across the Group. GRC aims to support the Board and senior management to fulfil their statutory and regulatory obligations by helping to ensure compliance with the laws regulations principles and codes established by our regulators and more generally by supporting the effective and continuous development and operation of the Groups risk management framework.    

The Manager Group Financial Crime Compliance role reflects and supports the Groups continued commitment to combatting financial crime. The role holder is responsible for working with the Senior Manager Financial Crime Compliance (SMFCC) in a small team within the GRC function dedicated to the development and ongoing maintenance of the Groups Financial Crime Compliance (GFCC) and Risk Management Programmes reflecting  the importance that the Group places on Financial Crime compliance and Risk Management and in light of the Groups continued expansion. 

The roleholder is responsible for supporting the SMFCC in ensuring that robust Financial Frime Compliance and Risk Management measures are in place at a Group level and for helping to ensure that employees are aware of the Groups Financial Crime prevention obligations.

The role holder reports to the SMFCC and works closely and collaboratively with key stakeholders including Financial Crime Officers across the Group to drive best practice across the Group in all matters Financial Crime related.

Principal responsibilities

Responsibility

Principal activities

• Support the FCC Function in maintaining the Groups Financial Crime (FC) Risk Management and Compliance Programmes in relation to the following financial crimes
   

• Money Laundering;
• Terrorist Financing;
• Proliferation Financing;
• Economic & Financial Sanctions;
• Bribery and Corruption;
• Fraud; and
• Tax evasion

• Maintain Group FCC standard lists e.g. that relate to Approved Regulated Markets to support the business to comply with Group requirements
• Maintain Group FC Registers and track action required to address any emerging risks with the relevant jurisdictions e.g. that relating to
  • High Risk Country exposures
  • Declined and Exited Business
• Undertake periodic reviews of the Groups FC Policies and Procedures ensuring that they continue to reflect key regulatory requirements and industry best practices
• Maintain the GFCC Policy and Standards Register and ensure all documents are updated to meet deadlines set

• Provide assurance on the status of the Financial Crime Programmes including (but not limited to)

• Compliance with existing and upcoming regulatory requirements;
• The effectiveness or otherwise of current FC risk prevention standards practices and controls;
• The identification of new and emerging FC risks new methodologies etc.; and
• The management of known FC issues and exposures.

• Run and analyse system reports to identify FC related issues
• Draft regular reports for the Group Management Team Regional CEOs and Group Risk and Compliance Committee
• Oversee ongoing screening across the Group ensuring screening Group Minimum Standards are met for timely clearance of possible matches
• Oversee Very High-Risk PEPs across the Group ensuring PEP Group Minimum Standards are met
• Support SMFCC with the oversight of High-Risk country exposure.

• Undertake screening searches on target entities as part of the acquisition due diligence process and escalate items of concern to SMFCC

• Promote the culture and practice of Financial Crime Compliance and Risk Management helping to ensure that among other things

• All staff are aware of the Groups zero tolerance approach to FC and understand the role they play in combatting it;
• The Group is aware of the FC risks it faces; and
• The Groups minimum FC standards and controls are well known throughout the business and embedded in practice

• Update eLearning training modules
• Manage the GFCC mailbox and ensure emails are picked up timely escalated where required and appropriately filed
• Arrange Financial Crime Network Team calls prepare packs and follow up on actions arising
• Actively present material in Financial Crime Network calls and other forums
• Prepare internal alerts/blogs on key FC related developments

Qualifications :

Key qualifications and behaviours we expect to see

In addition to demonstrating our Group Values the role holder will be expected to demonstrate the following:

• Extensive experience in the second line of defence compliance roles and ideally complemented with Legal experience
• Strong track record in oversight and management of Financial Crime issues and risks
• Proven experience in drafting reports and governance for key reporting forums.  Ability to be creative to innovate and produce engaging content
• Experience of managing Registers with exceptional attention to detail.
• Understanding of Financial Crime legislation and regulations with ability to interpret and apply effectively
• Self-starter with strong organizational skills and ability to deliver to agreed deadlines
• Adaptable and comfortable taking on new tasks outside of normal remit and able to deliver exceptional results
• Meticulous attention to detail skills when performing everyday tasks
• Knowledge of compliant financial crime programmes
• Methodical approach to working and ability to work independently with minimal supervision
• Strong collaboration and influencing skills including managing challenging stakeholders
• Solution orientated approach to issue resolution process improvement and problem solving
• Consistently demonstrates excellent communication and influencing skills
• Resilient and adaptable in fast-paced complex environments managing multiple priorities effectively
• High cultural awareness and emotional intelligence
• Proactive in personal development maintaining technical and leadership skills aligned with IQ-EQ values

Required Experience

Education / Professional Qualification

• Law / Financial Regulations / Equivalent Education LLB LLM LLB with Finance LLM with Banking etc

Background experience

• 3-4 years experience of working in a financial services environment and ideally second-line Financial Crime compliance role in a large multi-regulator Group

Languages

• Fluent in written and spoken English

Computer

• Expertise in Microsoft Word Excel and PowerPoint

Technical

Experience of

• Reviewing and analyzing data
• Report writing
• Issue management
• Drafting procedures and/or training material

Additional Information :

OUR COMMITMENT TO YOU AND THE ENVIRONMENT

As a forward-looking business sustainability is integral to our strategy and operations. Our sustainability depends on us building and maintaining meaningful long-term relationships with all our stakeholders including our employees clients and local communities while also reducing our impact on our natural environment.

There is always more we can and should do to improve whether in relation to our people our clients our planet or our governance. Our ongoing success as a business depends on our sustainability and agility in a changing and challenging global landscape. Were committed to fostering an inclusive equitable and diverse culture for our people led by our Diversity Equity and Inclusion steering committee.

Our learning and development programmes and systems enable us to invest in growing our employees careers while our hybrid working approach supports our employees in achieving balance and flexibility while remaining connected to their colleagues. We want to empower our 5800 employees - from 94 nationalities speaking 41 languages across 25 countries - to each achieve their potential. Through IQ-EQ Launchpad we support female managers launching their first fund in an environment where only 15% of all private equity and venture capital firms are gender balanced.

Were committed to growing long-term relationships with our clients and supporting them in achieving their objectives. We understand that our clients sustainability and success leads to our sustainability and success. Were emotionally invested in our clients right from the beginning.

Remote Work :

No

Employment Type :

Full-time