Senior Financial Crime Compliance Manager

Location GREATER LONDON, UNITED KINGDOM
Experience level Experienced Hire
Job details sector Legal and Compliance
  • To act as the Senior Manager for Financial Crime, supporting the MLRO as well as  acting as  Fraud Officer for AXA IM’s 2 UK regulated entities.
  • To assist the UK Head of Compliance UK and the business in developing and maintaining an effective and compliant Financial Crime framework for AXA IM’s UK regulated entities.

 

  • Reporting into and supporting the SMF17 - Money laundering reporting function for AXA Investment Managers UK Limted and AXA Investment Managers GS Limited in all day
  • Acting as the Fraud officer for the AXA Investment Managers UK regulated entities.
  • Acting as the Sanctions officer for the AXA Investment Managers UK regulated entities.
  • Responsible for the maintenance and ongoing development of a risk based and cost effective financial crime prevention framework within AXA Investment Managers UK based regulated entities. Covering Anti – Money Laundering and Counter Terrorist Financing, Know Your Customer, Anti-Bribery and Corruption, Fraud and Sanctions.
  • Policy, standards and procedures development and maintenance for financial crime prevention, ensuring compliance with applicable AXA Group financial crime policies and AXA IM Global Standards.
  • Oversee Sanctions Alerts management including both inhouse processes and those processes outsourced to third party providers, investigations and escalations.
  • Provision of guidance and support all areas of the businessand UK Compliance team including ad-hoc sanctions screening of clients and authorised signtories (Employees and Suppliers) and review of KYC documentation.
  • Ensure robust due diligence processes and ongoing reviews of AML/KYC, Anti-Bribery and Corruption and Fraud related functions are undertaken.
  • Provide guidance to the Third Party Relationship Management Team on third party referrals and suspicious activity.
  • Develop and deliver appropriate training to the business, including Senior Managers via both face to face and e-learning solutions.
  • Develop and execute the annual financial crime risk assessment framework and ensure appropriate reporting to Senior Management and the board.
  • Develop and manage a regular monitoring and testing programme with appropriate reporting to Group, Senior Management, and the board as required.
  • Responsible for adequate oversight of outsourced third party relationships incorporating financial crime functions including an annual service review. Attend governance meetings and ad-hoc workshops, including the SS&C Financial Crime Advisory Group and Financial Crime Prevention Forum.
  • Responsible for submission and co-ordination of any  disclosures to law enforcement agencies.
  • Establish and maintain liaison with local, regional and international financial industry representatives to proactively identify current financial crime trends, criminal activity and the identification of organised criminal groups and influence security best practices.
  • Liaison with national and international law enforcement entities and liaison with local financial industry representatives to proactively identify financial crime trends/criminal activity and organised criminal attacks
  • Work closely with Information Security in relation to Fraud related incidents.

Reporting

  • Board and Committee Reporting in relation to Financial Crime; 
  • Provision of an Annual and ad-hoc MLRO report to the boards of the 2 UK entities;
  • Annual Group Reporting including the provision of risk assessments;
  • AML Questionnaires including Wolfsberg attestations;
  • External auditor fund fraud / sanctions reporting; and
  • Monthly Group Fraud reporting
  • Ideally educated to degree level.
  • Asset Management or similar relevant financial services experience
  • UK asset management financial crime experience. Previously acted as CF11/SMF17 within an Asset Management firm.
  • Strong understanding and practical application of financial crime laws, regulations and guidance for the UK and international jurisdictions, in particular for Anti_Money Laundering, Counter Terrrorist Financing and Sanctions, including but not limted to:
    • EU 4th and 5th Money Laundering Directives
    • UK Money Laundering Regulations  2017/2019
    • FCA – Financial Crime Guide
    • FCA Rule Book
    • Bribery Act 2010
    • Terrorism Acts 2000 & 2006
    • Joint Money Laundering Steering Group (JMLSG) Guidance
  • Proven track record in identifing and implementing ongoing ehancements to FCC control frameworks.
  • Excellent report writing skills.
  • Ability to communicate and influence effectively with all areas of the business, Group, Senior Management and the board.  
  • Excellent analytical and time management skills.
  • Microsoft office, familiarity with minerva, tesseract, sentinel, bloomberg all beneficial.
Would you like to wake up every day driven and inspired by our noble mission and to work together as one global team to empower people to live a better life? Here at AXA we strive to lead the transformation of our industry. We are looking for talented individuals who come from varied backgrounds, think differently and want to be part of this exciting transformation by challenging the status quo so we can push AXA - a leading global brand and one of the most innovative companies in our industry - onto even greater things.

In a fast-evolving world and with a presence in 64 countries, our 166,000 employees and exclusive distributors anticipate change to offer services and solutions tailored to the current and future needs of our 103 million customers.

We are an active, long-term, global, multi-asset investor focused on enabling more people to harness the power of investing to meet their financial goals. By combining investment insight and innovation with robust risk management we have become one of the largest asset managers in Europe, managing €746bn in assets as of the end of 2017. We employ about 2,400 people around the world and operate out of 21 countries.

We are proud to foster a high-performance culture, which means that we seek to recruit and retain people who are not only technically-skilled but also globally-minded, innovative and able to leverage their unique perspectives and life experiences to support our success as a company.

AXA IM is committed to building an inclusive culture, valuing diversity and supporting the career progression of all employees.