Anti-Financial Crime Manager, Advisory Lead

Job Description Role title: Anti-Financial Crime – Advisory Lead Contract type: Permanent Location: Edinburgh/ London/ Aberdeen At abrdn, our purpose is to enable our clients to be better investors. Clients worldwide trust us to find...

Job Description

Role title: Anti-Financial Crime – Advisory Lead

Contract type: Permanent

Location: Edinburgh/ London/ Aberdeen

At abrdn, our purpose is to enable our clients to be better investors.

Clients worldwide trust us to find future-fit investment opportunities to deliver the outcomes they want. Our technology and insight help empower them to make better decisions, while the powerful partnerships we build help to enhance the expertise that we offer. And by enabling clients to invest responsibly, it helps us to build a better world.

About the department

The Anti-Financial Crime team act as the second line of defence to identify and control financial crime risk. By monitoring business outcomes and controls effectiveness, the team are able to challenge Vector colleagues and operations to ensure that the firm is managing risk and working with agreed risk appetites.

About the role

Working with abrdn’s Global AFC Head this role will be responsible for providing day-to-day oversight of the Vector Leads (and their teams) within the AFC team including receiving critical issues and ensuring that appropriate advice and guidance is provided on these matters.

As the Anti Financial Crime Advisory – Lead you will get the opportunity to support the Global Head of AFC in the coordination and oversight of abrdn’s AFC systems and controls, ensuring that at all times the 1LOD and functions conduct activities in compliance with all relevant AFC laws, rules, regulations and guidance.

Within this role you will get the opportunity to provide advice and guidance on AFC matters including in relation to new products, services and business activities, ensuring that Senior management are provided with the guidance necessary to conduct business activities in line with the firm’s Global AFC Policies and Standards and risk appetite.

Key Responsibilities

  • As applicable, acting as the registered SMF17 for relevant Legal Entities, to provide Senior management, Boards and the Global AFC Head with appropriate management information and reporting, to ensure each has the necessary information to fulfil their AFC related legal and regulatory obligations.

  • To receive, review, advise, approve, and where appropriate challenge 1LOD escalations. Including, those relating to higher risk clients/activities and any Policy/Standards waiver or exception requests, prior to any required escalations and referrals to the Global AFC Head.

  • Working with the AFC Monitoring, Oversight and Governance Lead to design and implement appropriate AFC monitoring and testing activities across the organisation.

  • Working with the AFC Policies and Standards Lead and designated Country MLROs in each of the abrdn Country locations to ensure relevant Policies, Standards and Country addenda appropriately reflect and mitigate to AFC Risk Appetite the AFC risks.

  • To work with the AFC Risk identification and Control Lead to ensure that 2LOD operational processes are designed to capture and mitigate the AFC risks inherent within the organisation. Including, measures relating to AFC: screening, transaction monitoring and AFC risk assessments.

About the candidate requirements

  • Extensive experience of current and emerging financial crime laws, rules, regulations, regulatory and industry guidance and working within a financial services or consulting environment advising colleagues and senior management in the application of policies and standards across the organisation.

  • Experienced anti-financial crime professional with proven track record of delivery gained within the financial services sector, a strong understanding and experience of the activities of investments in the asset management sector and ideally also platforms across a number of jurisdictions.

  • Experience of managing and maintaining robust Governance.

  • Experience of UK financial crime regulatory requirements and knowledge of the Joint Money Laundering Steering Group (JMLSG) and the Money Laundering Regulations (MLR).

We are proud to be a Disability Confident Committed employer. Therefore, if you have a disability and would like to apply to one of our UK roles under the Disability Confident Scheme, please notify us by completing the relevant section in our candidate questionnaire and one of our team will reach out to support you through your application process.

Our benefits

There's more to working life than coming home with a good salary. We have an environment where you can learn, get involved and be supported.

When you join us, your reward will be one of the best around. This includes 40 days’ annual leave, a 16% employer pension contribution, a discretionary performance based bonus (where applicable), private healthcare and a range of flexible benefits – including gym discounts, season ticket loans and access to an employee discount portal. You can read more about our benefits here.

Our business

Enabling our clients to be better investors drives everything we do. Our business is structured around three distinct areas – our vectors of growth – focused on our clients’ changing needs. You can find out more about what we do here.

We’re committed to providing an inclusive workplace where all forms of difference are valued and which is free from any form of unfair or unlawful treatment.  We define diversity in its broadest sense – this includes but is not limited to our diversity of educational and professional backgrounds, experience, cognitive and neurodiversity, age, gender, gender identity, sexual orientation, disability, religion or belief and ethnicity and geographical provenance.  We support a culture that values meritocracy, fairness and transparency and welcomes enquiries from everyone.

If you need assistance or an adjustment due to a disability please let us know as part of your application and we will assist.

Apply now

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