Opportunity Details

Posted: 12/08/2019

Financial Crime Officer – Property Finance

United Kingdom, Brentwood
Schedule Type
Full Time
Job Family
Risk Underwriting
The Role

Shawbrook is a specialist UK lending and savings bank founded in 2011 to serve the needs of SMEs and individuals in the UK with a range of lending and savings products.

We differentiate ourselves by concentrating on markets where our specialist knowledge and personalised approach to underwriting offer us a competitive advantage. This supports attractive stable returns and sustainable growth and benefits businesses and consumers in parts of the market which continue to be poorly served by traditional high street banks.

Shawbrook are looking for a Financial Crime Officer to join our team based in Brentwood. You will be joining at an exciting time as we are bolstering our risk capability within Shawbrook. As a Financial Crime Specialist you will support the business in the prevention, detection and investigation of financial crime issues, including money laundering, fraud (internal and external), market abuse, bribery & corruption and other regulatory malpractice, and the remediation of related regulatory processes such as AML, Politically Exposed Persons (PEPs), sanctions etc. This will include:

  • Providing guidance and input to businesses on financial crime matters, management practices and standards to ensure the Bank remains compliant.
  • Support regulatory engagement on specific financial crime issues and risks; and ensuring that relevant issues are brought to the attention of the relevant business areas.
  • Undertaking relevant Quality Control Testing that will assess team adherence to Regulatory processes (KYC, Payments, AML, PEP/Sanctions)
  • To provide support & coaching to the teams in ensuring the necessary “know your Customer” and “Customer Due Diligence” is carried out on all clients.
    • Have an excellent understanding of all KYC and CDD requirements of the Bank.
    • Provide guidance on the application of Financial Crime policies, including (but not limited to) AML, Fraud (internal and external), Anti-Bribery & Corruption along with appropriate remedial action/best practice to ensure we meet our financial crime obligations.
    • Support best practice in financial crime compliance by promoting a positive image of financial crime and promoting high standards across all business areas. Ensuring staff are aware of and are competent in implementing the relevant financial crime policies and procedures.
    • Ensure that all relevant investigations are completed within timescales. Undertaking relevant checks directly with clients, Central Financial Crime or Enforcement Agencies where appropriate.
    • To build and maintain a monthly MI reporting suite of all financial crime related matters.
    • To refer any unusual or especially complex issues to our central compliance team, explaining the issue, making recommendations and being able to communicate back findings to the relevant team.
    • Timely completion of ongoing PEP/Sanction monitoring and ensuring transactional monitoring reviews are undertaken.
    • To provide input into a periodic financial crime bulletin including relevant case studies either within the business or national and internationally reported cases
    • Ensure all relevant Quality Assurance Testing is undertaken in a robust and timely manner.
    • To be flexible with responsibilities and have a positive attitude towards any changes to role, company/departmental objectives, priorities and targets.
    • Ensure that the operation meets all overseas client regulatory requirements (ie CRS/FATCA & HMRC)
    • Pro-active management of Dormancy/Unclaimed Balance Account ensuring that correct actions are taken on the account to restrict any possible financial crime
    • Maintain effective relationships with the management, team leaders and staff to ensure that the key aims of the Bank are achieved.
The Person

Suitable candidates will have the following experience and skills:

  • Hold/commit to studying/obtaining an appropriate professional qualification (minimum ICA Advanced Certificate in Financial Crime Prevention and/or Anti Money Laundering) preferred.
  • Proven financial crime experience gained within a financial services environment.
  • Successful track record of achievement with financial crime related responsibilities.
  • Good product and sector knowledge of the broad financial services regulatory regime.
  • Most likely to have a compliance function background or detailed knowledge and exposure to quality, risk and compliance matters
  • Understanding of Quality control requirements in financial services operations for both phones and back office processes




  • Computer literate (good knowledge of MS Office suite – Excel, Word, Power-Point)
  • Knowledge of conduct risk and TCF
  • Evidence of aptitude, logical and analytical skills
  • Conversant with relevant Financial Crime compliance regulations and PRA/FCA Handbook content and industry best practice guidelines.
  • Able to demonstrate good analytical skills.
  • Being confident and self-assured within the role



  • A self-starter; an ability to think with initiative and deal with unexpected challenges
  • Team player skills, i.e. comfortable working with colleagues of all grades and backgrounds
  • Calm under pressure, adaptable and agile in approach
  • Enthusiastic “can do” attitude, motivated and driven to build a satisfying and rewarding career
  • Ability to demonstrate decisiveness and sound judgment on a consistent basis
  • An aptitude to learn/develop skills base
  • Strong initiative and willingness to create & develop new standards and agenda for Financial Crime within Operational Risk/Compliance arena

This role is an SB4 within Shawbrook’s internal banding structure