AML Lead EMEA

Job Description

About Columbia Threadneedle InvestmentsYoull find the promise we make to our clients is the same one we make to our employees: Your success is our priority.Here, youll find growth and career opportunities across all our businesses. Were intentionally built to help you succeed. Our reach is expansive with a global team of 2,000 people working together. Our expertise is diverse with more than 450 investment professionalssharing global perspectives across all major asset classes and markets. Our clients have access to a broad array of investment strategies and we have the capability to build tailored solutions matched to clients specific requirements. Columbia Threadneedle is a people business and we recognise that our success is due to our talented and dedicated people, who bring diversity of thought, complementary skills and capabilities. We are committed to providing an inclusive work environment thatsupports the diversity of our employees and reflects our broader communities and client-base. We encourage applications from returners to the industry. We appreciate that work-life balance is an important factor for many when considering their next move so please discuss any flexible working requirements directly with your recruiter. Job Purpose StatementThis senior position is accountable for directing and monitoring adherence to firm and industry financial crime regulatory requirements in order to mitigate financial, operational, reputational and regulatory risk. They will play a key role in the managementof the financial crime 1st line program and the co-coordination of the financial crime oversight and governance responsibilities of BMO GAM (EMEA). Role ResponsibilitiesHow youll spend your time....

• The role will be responsible for the design, effectiveness and oversight of AML processes and controls within the 1st line of defence, as well as assessing, controlling and reporting of financial crime risks across the business. In addition, the positionwill oversee a small team performing day to day financial crime controls,
• Lead on the integration of the BMO GAM EMEA and Columbia Threadneedle 1st line financial crime functions,
• Acts as a subject matter expert in the evaluation, development and implementation of an internal control system,
• Monitors industry and legislative developments and continuously updates the financial crime programs to ensure they remain effective,
• Supports the position on financial crime regulatory compliance issues by interpreting requirements (existing, new and emerging) and identifying, analysing and addressing resultant gaps and issues, including those raised through the review of change initiatives,
• Understands the identified risk exposures and supports the development of action plans required to mitigate identified risks,
• Lead on the implementation of large/complex risk management risk management programs/frameworks while identifying and minimizing negative impacts to the business,
• Builds effective relationships with internal/external stakeholders,
• Ascertains training needs and helps develop training based on identified gaps or regulatory change,
• Engagement with the Risk Assessment, Quality Assurance, Supplier Governance and product development processes,
• Design and oversight of a control testing framework to verify successful execution of financial crime controls.

Key CapabilitiesTo be successful in this role you will have....

• Ability to manage and direct a small team of AML specialists,
• Strong knowledge of UK and EU Anti Money Laundering and Terrorist Financing, Sanctions and Fraud legislative requirements and regulatory expectations,
• Significant Financial Crime experience within a Financial Services organisations,
• Ability to clearly communicate at all levels of the business,
• Familiarity with financial crime risk issues, including familiarity with the risks associated with various products, customers and jurisdictions,
• Ability to identify risks associated with financial crime. Using a risk based approach, apply to the business and analyse, on an in-depth basis, results of monitoring and oversight activities,
• Ability to identify, recommend and implement improvements to process and control activities and the operating environment based on regulatory change, information derived through risk assessments, monitoring activities and industry best practice,
• Familiarity with governance and oversight roles, including reporting to senior management,
• Understanding of the Asset Management Industry,
• Knowledge of Audit, internal controls and/or similar oversight procedures would be an asset
• Relevant professional qualifications such as ACAMS, ICA or equivalent preferred.