Financial Crime Risk Assessment Senior Analyst
London, LND, GB, EC2M 2AT
SMBC: A trusted partner for the long term
Here at SMBC Group, we want to help you find the next step in your career so read on to discover if this opportunity is the one for you. We like to recognise potential in our people, so we welcome your application even when your experience doesn’t perfectly align with the job description. Whilst we’ll always strive to be better, we’re proud of our inclusive culture, and encourage our applicants and colleagues to be their authentic, unique selves.
Who we are
United by a sense of purpose towards our customers – to be a trusted partner for the long-term – and our universal banking platform in EMEA, SMBC Group has an international growth agenda and award-winning products, meaning we provide exciting opportunities to work on a diverse range of projects and initiatives. We deliver a full suite of corporate finance products and solutions to our customers as well as investment banking and advisory services, and a range of innovative solutions in global capital markets. Read on to find out how you could enhance your skills and gain valuable experience, by joining us to support our clients transition to a sustainable future.
Role Summary
Is the next step in your career at SMBC Group EMEA? We’re looking for a Financial Crime Risk Assessment (FCRA) Senior Analyst to join our Compliance Department's FCRA team.
The FCRA team is responsible for the effective identification, assessment, management and reporting of financial crime risks across the EMEA region via the execution and delivery of financial crime risk assessments, reporting into the FCRA Manager.
During execution and delivery, the Senior Analyst will lead engagement with assigned business stakeholders, providing strategic guidance and challenge on financial crime risk across business lines to drive risk-based decision making and embed a proactive risk culture across the organisation. The role does not involve any line mananagement responsibility, but has oversight of deliverables created by junior analysts.
Alongside BAU delivery, the role-holder will be expected to design and drive the delivery of enhancements to the FCRA programme and methodology, with a focus on analytical and reporting capabilities.
Business Area
The Financial Crime Risk Assessment team sits within the Financial Crime Governance & Strategy function of the Compliance Department (2nd line of defence role).
Position Description
Core responsibilities:
- Delivery of the risk assessment process across the EMEA region, with oversight of the preparation and execution of deliverables by junior analysts.
- Managing the collection, analysis and interpretation of financial crime risk data to identify trends, emerging risks, control weaknesses and areas requiring management attention.
- Reviewing and challenging identified risks and effectiveness of financial crime controls across legal entities and business lines.
- Co-ordinating with EMEA Financial Crime Leadership and regional MLROs to deliver risk assessments which remain compliant to regulatory requirements and industry standard.
- Conducting effective reviews and assessment of relevant regulatory updates, changes and enforcement actions that can feed into the risk assessment.
- Attending external training and forums to keep up to date with industry trends, regulatory and market expectations.
- Driving implementation of enhancements arising from regulatory developments, audit findings, thematic reviews and industry best practice.
- Engaging with internal stakeholders with regards to tracking and remediation of outstanding issues and deliverables.
- Designing and implementing data-driven reporting frameworks that provide meaningful insights into the financial crime risk profile of the organisation.
- Developing and maintaining dashboards using Power BI to support risk-based decision-making and governance oversight by executives and Board-level stakeholders.
- Driving the automation and optimisation of processes to improve efficiency, accuracy and transparency of financial crime risk reporting.
Key experience:
- Demonstrable experience working in financial crime related role(s), in particular within risk assessments, with responsibility for the identification, assessment and reporting of financial crime risks.
- Advanced analytical skills with proven ability to interpret large and complex data sets to support risk assessments and strategic decision making, preferably with experience designing, developing and maintaining Power BI dashboards and reports.
- Strong report writing skills with previous experience producing reports for senior management.
- Demonstrated experience engaging and influencing senior stakeholders, balancing regulatory rigour with commercial awareness.
- Strong understanding of UK and EU financial crime regulatory frameworks.
- Strong ability to manage competing priorities.
- Relevant professional qualifications (ICA, ACAMS or equivalent) desirable.
Competencies
What we offer
For all the expertise and experience you bring to help us make a difference, it’s only sustainable if we support you to build your career and be your best self so we offer competitive company benefits, centred around promoting positive well-bring and work-life balance. We also believe in fostering a diverse and inclusive work environment, where all team members perspectives and contributions are valued. Initiatives in place which promote a diverse and inclusive culture and healthy work life balance include hybrid working, Sport & Social Clubs and Diversity and Inclusion networks.
As an employee of SMBC you have access to a host of both useful and exciting benefit offerings. See below some of the benefits on offer to you:
- Hybrid and flexible working
- Competitive paid leave days
- Benefits to support your physical wellbeing, including private medical insurance and life and invalidity insurance
- Various policies to support your mental wellbeing, including a robust behavioural health network with counselling and coaching services
- Access a wide range of learning and development opportunities and career progression opportunities
- Ambitious remuneration package
So, if you like a challenge and want to continuously grow and develop in a role where you will be supported along the way by a dynamic and diverse team, apply today!!
We recognise our role as a bank to support social change and welcome all applications, including those from groups often under-represented in financial services. We value the uniqueness of professional and personal, backgrounds and perspectives as they play a vital role in continuing the sustainable growth of our organisation. We’ll ensure reasonable adjustments to our recruitment process are offered due to a disability or long-term condition whenever requested.
We are committed to transparent and equitable pay practices. Compensation is determined using objective criteria, including skills, experience, and role responsibilities, and applied consistently throughout our recruitment processes. We do not request candidates' pay history and are committed to preventing unjustified pay disparities.