Commercial Risk (Financial Crime), AVP
Core
Conduct risk-based Financial Crime Control Reviews for existing and prospective bank and non-bank financial institution clients in correspondent banking and international payments.
Role type
Senior IC financial crime specialist (correspondent banking)
Builds
Client selection, onboarding, retention, and remediation decisions
Domain
Financial services, correspondent banking, emerging markets
Deliverable
client delivery
Required skills
Financial crime control reviews, risk-based assessments, anti-money laundering, sanctions, counter-terrorist financing, anti-bribery and corruption, anti-tax evasion, fraud, regulatory compliance (JMLSG, FCA, Wolfsberg), client engagement, report writing, gap analysis, transaction data review
Preferred skills
ICA, ACAMS or equivalent financial crime qualification, French, Spanish or Mandarin proficiency, correspondent banking experience, payments or mobile money products experience, law enforcement/legal/regulatory background
Technologies
None stated
Responsibilities
Act as a subject-matter expert on financial crime risks affecting correspondent banking and international payments; Conduct risk-based Financial Crime Control Reviews, either onsite or remotely, for existing and prospective bank and non-bank financial institution clients; Evaluate clients' financial crime programmes and controls against CAB Group minimum standards, including reviewing relevant transaction data and supporting documentation; Produce clear, detailed reports and make well-reasoned, risk-based and outcome-focused recommendations to support client selection, onboarding, retention and remediation decisions; Support the business with client selection and retention in accordance with the CAB Group Financial Crime Risk Appetite and internal policies; Provide expert advice and guidance to the business on applicable financial crime prevention policies and procedures, and act as an escalation point for concerns involving money laundering, sanctions, bribery, corruption and fraud; Build effective relationships with clients and internal stakeholders, balancing financial crime risk management requirements with appropriate commercial considerations; Prepare and deliver management information, present review findings to senior management and business forums, and monitor agreed remediation actions; Undertake international travel as required.