Senior Manager - Financial Crime Risk Assessments

Our Group’s operational scope is evolving. In response, we are strengthening our financial crime risk management capabilities to ensure robust oversight, effective controls, and enterprise-wide compliance.

We are seeking a Senior Manager – Financial Crime Risk Assessment (FCA) to support the Money Laundering Reporting Officer (MLRO) by providing strategic leadership, oversight, and subject matter expertise in financial crime risk management. This role is critical in identifying, assessing, and evidencing the Group’s exposure to financial crime risks—including money laundering, sanctions, fraud, bribery, and tax evasion—across our business model and customer base.

The role will be accountable for:

• Leading and building the Group FC Risk Assessment function
• Design, execution and maintenance of the Group wide Financial Crime Risk Assessment
• Design, execution and maintenance of the Group Customer and 3^rd party risk assessment.
• Data led testing, modelling and refresh of these methodologies
• Use data from risk assessments to spot areas where financial crime risks might exist.
• Recommend ways to fix or reduce FC risks and improve controls

To be successful in this role it’s essential you have a proven track record of operating at a senior management level with the ability to provide appropriate challenge and influence executives along with the following essential experience:

• Experience building and leading teams focusing on risk assessment activity and financial crime data collation and analytics
• Strong track record of building tools and enablers to support effective and high-quality risk assessment approaches
• Significant experience of interpreting and applying Financial Crime legislation and regulation in a retail banking environment
• Significant experience of managing FC risk in a retail banking environment across money laundering, sanctions and fraud.
• A strong track record of designing and implementing data led risk identification and mitigation approaches
• A strong leader – building a vision and taking the team with you on the journey to deliver it
• Ability to build strong and enduring working relationships to help ensure key messages are clearly defined and understood.

Desirable experience will be:

• Knowledge of balance sheet forecasting software e.g. QRM would also be an advantage.

We’re one of the largest building societies in the UK and we share a mutual goal across our branches and our offices to improve the lives of others.

We’re officially recognised as a ‘Great Place to Work’ and our benefits go beyond basic pay, with a discretionary bonus scheme, a culture of reward and recognition and comprehensive support for wellbeing.

At the beginning of the year, The Co-operative Bank officially became part of our Group. Together, we have shared values and an ethical approach towards our members, customers, and colleagues.

We’re serious about equality, of race, age, faith, disability, and sexual orientation and we celebrate diversity. By working together, we know you’ll build more than just a career with us.

All together, better.

Flexibility and why it matters

We understand the need for flexibility, so wherever possible, we’ll consider alternative working patterns. Have a chat with us before you apply to see what the possibilities are for this role. 

Proud to be a Disability Confident Committed Employer

We’re proud to offer an interview or assessment to every disabled applicant who meet the minimum criteria for our vacancies. As part of the application process, disabled applicants can opt in for the Disability Confident Interview Scheme. If there are ever occasions where it is not practicable to interview all candidates that meet the essential criteria, such as when we receive a high number of applications, we commit to interviewing disabled candidates who best meet the minimum essential and desirable criteria.

If you would like to opt in to the scheme, please contact our recruitment team when you apply via Get in touch - Coventry Building Society (coventrycareers.co.uk)