Manager, Financial Crime Compliance

Job summary

The role of the Financial Crime Manager includes:

1. Providing high-quality written and oral analysis (in the context of UKEF’s policy framework, FCC risk appetite, role and remit) to avoid the Department supporting transactions which are unlawful or contrary to government policy, and to mitigate and manage the risk of financial loss and/or reputational damage associated with supporting transactions that may have been obtained corruptly or involve financial crime; and
2. Making robust, defensible and consistent recommendations to senior management arising from that analysis. The recommendations include the approach that UKEF should take to the specific issue as well as the approach that may be needed to account for any wider implications (e.g. changes to policies/Risk Appetite Statement/etc.).
3. Other activities as directed by the Head of Division or Line Manager.

Job description

Leadership and Management

• Play a role as part of Legal and Compliance Group, in the provision of high-quality analysis in the identification, understanding, management and mitigation of financial crime risks with timely and comprehensive advice and/or recommendations provided as well as promoting best practice in the area of Financial Crime Compliance across the Department, to help ensure that UKEF keeps Risk and Compliance at the heart of its transactions.
• The role may include oversight of more junior posts, ensuring the delivery of high-quality services and supporting team members’ career development.
• Support the Head of FCC in managing and promoting FCC, including, for example in ensuring that financial crime issues are considered at UKEF’s Enterprise Risk & Credit Control meetings (ERiCC).

Transactional analysis

• Undertake in depth analysis, identifying, understanding, managing, and mitigating potential financial crime issues which arise on UKEF transactions, in the context of UKEF’s policy framework, RAS, role and remit.
• The role will include working with a Customer Relationship Management System (CRM) / Different Screening Providers.
• Provide senior management with high quality written and oral analysis on the above.
• Review and quality assure analysis work undertaken by other more junior members of the team.
• Make robust, defensible and consistent recommendations to senior management arising from the analysis work undertaken. The recommendations should include the approach that UKEF should take on specific issues as well as the approach that may be needed to account for any wider implications (e.g. policy, RAS, commercial considerations etc).
• Ensuring that recommendations and decisions are recorded accurately and in a timely manner.
• All of the above must take into account the commercial timescales to which UKEF operates such that FCDD does not act as an unnecessary “brake” on business.
• Assist in the ongoing and periodic review of the RAS, taking into account transactional analysis work.
• Decision making based on recommendations made to senior management by more junior members of the team (accounting for wider implications e.g. policy, RAS, commercial considerations etc).
• Take an active role in the ongoing and periodic review of the RAS, considering transactional analysis work.
• Take an active role in undertaking horizon-scanning to help ensure that UKEF is aware of developments in the wider financial crime landscape.
• Take an active role in liaising with Other Government Departments (OGDs) and law enforcement agencies to ensure that UKEF is informed of issues that may affect its compliance approach.
• Other activities as directed by the Head of Division or Line Manager.

Training

• Assist with ensuring that training resources both within FCC and for other areas of UKEF are developed and maintained to a high standard, reflecting the financial crime risks that UKEF is subject to.
• Assist with seeking and promoting relevant learning opportunities.
• Seek feedback on the training provided and make recommendations for improvements as needed.

Policies, Processes and Procedures

• Although the focus of this post will be supporting FCC in its role of identifying, understanding, managing and mitigating risks related to financial crime, the post-holder may be expected to work alongside FCC colleagues to contribute to the UKEF policies relating to financial crime, taking into account transactional analysis work to ensure that such policies are fit for purpose, effectively operated, and consistent (as appropriate given UKEF’s role and remit) and support in the implementation of UKEF policies and practice.
• Contribute to the review of FCC processes and procedures.

Representation

Play a full and active leadership role in engaging, and seeking opportunities for engagement, with

1. other Government Departments and public bodies;
2. industry (exporters and the Financial Services Sector); and
3. other Export Credit Agencies
4. to move to an ‘intelligence led’ Division.

The list of main activities is not exhaustive; you may be required to carry out additional duties according to business need.

Person specification

Essential

Qualifications

• Relevant qualification (International Compliance Association or equivalent) (A)
• Evidence of continuing professional development (A)

Knowledge

The postholder must have, or demonstrate the ability to quickly obtain;

• A full knowledge of UKEF’s domestic statutory, regulatory and policy framework and the context of how government operates and UKEF’s place in it (P, I)
• A full understanding of the areas of Financial Crime of most concern to UKEF, and ways to mitigate the risks to UKEF (A,P, I)
• A full understanding of OECD requirements placed on Export Credit Agencies relating to anti-bribery and corruption matters (A, I)

Skills/Ability

• Outstanding strategic thinker with an analytical yet pragmatic approach to problem-solving (A, I)
• Excellent analytical skills, with the ability to identify unintended consequences and resolve commercial/ policy/procedural conflicts (A, I)
• Ability to work confidently with uncertainty and the ambiguous and lead others in doing the same (A, I)
• Outstanding relationship-building and influencing skills, with a proven ability to influence senior stakeholders and build consensus (A, I)
• Effective project management and time management skills (A, I)
• Excellent written and verbal communication skills, and the ability to communicate with confidence at all levels (A, I, P)
• Ability to be an ‘intelligent customer’ of professional advice (including detailed and technical legal advice) (A, I)
• Ability to lead more junior members of the team (A,I)

Experience

• Experience of writing high-quality submissions to stakeholders (A, I)
• Experience of working either in financial crime in the private sector or in Government (A)
• Experience influencing across all grades but with a particular focus at senior level (A, I)
• Experience of balancing competing interests and priorities to deliver the right outcome (I)
• Experience of leading cross-functional teams to deliver transactional advice in practice (A, I)
• Experience of leading and motivating teams; coaching and supporting individuals to develop professionally (A, I)

Qualifications

•Relevant qualification (International Compliance Association or equivalent) (A)
•Evidence of continuing professional development (A)

Behaviours

We'll assess you against these behaviours during the selection process:

• Making Effective Decisions
• Delivering at Pace
• Communicating and Influencing
• Working Together

Technical skills

We'll assess you against these technical skills during the selection process:

• Presentation - a topic agreed by UKEF and provided to candidates in advance of the interview.

Benefits

Alongside your salary of £61,250, UK Export Finance contributes £17,744 towards you being a member of the Civil Service Defined Benefit Pension scheme. Find out what benefits a Civil Service Pension provides.

• Learning and development tailored to your role
• An environment with flexible working options
• A culture encouraging inclusion and diversity
• A Civil Service pension with an employer contribution of 28.97%

Things you need to know

Artificial intelligence

Artificial intelligence can be a useful tool to support your application, however, all examples and statements provided must be truthful, factually accurate and taken directly from your own experience. Where plagiarism has been identified (presenting the ideas and experiences of others, or generated by artificial intelligence, as your own) applications may be withdrawn and internal candidates may be subject to disciplinary action. Please see our candidate guidance (opens in a new window) for more information on appropriate and inappropriate use.

Selection process details

This vacancy is using Success Profiles (opens in a new window), and will assess your Behaviours, Experience and Technical skills.

We are assessing candidates using Success Profiles (see Appendix 1) and across the whole process we will assess your Experience, Technical and Behavioursas highlighted below.

The application must be completed by 23.55 on the day of the closing date for it to be accepted.

Use of Artificial Intelligence (AI)

Artificial Intelligence can be a useful tool to support your application, however, all examples and statements provided must be truthful, factually accurate and taken directly from your own experience. Where plagiarism has been identified (presenting the ideas and experiences of others, or generated by artificial intelligence, as your own) applications may be withdrawn and internal candidates may be subject to disciplinary action. Please see our candidate guidance for more information on appropriate and inappropriate use.

Please ensure that you read through the Candidate Information Pack attached to this advert, before applying.

All applications will be sifted against our essential criteria outlined in the personal specification.

• Qualification:
  • Relevant qualification (International Compliance Association or equivalent) (A)
  • Evidence of continuing professional development (A)
• Statement of suitability - you should fully articulate in 750 words how you meet the essential criteria outlined in the person specification within the Information Pack.

For the initial sift your application will be evaluated against:

1. Experience - Application and Statement of Suitability

In the event of a high volume of applications, an initial sift will be carried out on the following essential criteria:

• A full understanding of the areas of Financial Crime of most concern to UKEF, and ways to mitigate the risks to UKEF (A,P, I)
• Excellent analytical skills, with the ability to identify unintended consequences and resolve commercial/ policy/procedural conflicts (A, I)
• Experience of leading cross-functional teams to deliver transactional advice in practice (A, I)

If you are successful following the initial sift stage, you will be invited to an interview, to be held onsite at 1 Horse Guards Road, this will include the following assessment:

1. Behaviours / Experience - a formal panel interview where you will be interviewed across all four behaviours highlighted in Appendix 1.
2. Technical - you will be assessed across your technical expertise and acumen, in relation to the essential criteria
   1. Presentation - a topic agreed by UKEF and provided to candidates in advance of the interview.

Details of interview panel members will be e-mailed to all successful candidates who are invited for interview.

Feedback will only be provided if you attend an interview or assessment.

Security

Successful candidates must undergo a criminal record check.Successful candidates must meet the security requirements before they can be appointed. The level of security needed is security check (opens in a new window).

See our vetting charter (opens in a new window).People working with government assets must complete baseline personnel security standard (opens in new window) checks.

Nationality requirements

This job is broadly open to the following groups:

• UK nationals
• nationals of the Republic of Ireland
• nationals of Commonwealth countries who have the right to work in the UK
• nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities with settled or pre-settled status under the European Union Settlement Scheme (EUSS) (opens in a new window)
• nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities who have made a valid application for settled or pre-settled status under the European Union Settlement Scheme (EUSS)
• individuals with limited leave to remain or indefinite leave to remain who were eligible to apply for EUSS on or before 31 December 2020
• Turkish nationals, and certain family members of Turkish nationals, who have accrued the right to work in the Civil Service

Further information on nationality requirements (opens in a new window)

Working for the Civil Service

The Civil Service Code (opens in a new window) sets out the standards of behaviour expected of civil servants.

We recruit by merit on the basis of fair and open competition, as outlined in the Civil Service Commission's recruitment principles (opens in a new window).The Civil Service embraces diversity and promotes equal opportunities. As such, we run a Disability Confident Scheme (DCS) for candidates with disabilities who meet the minimum selection criteria.The Civil Service also offers a Redeployment Interview Scheme to civil servants who are at risk of redundancy, and who meet the minimum requirements for the advertised vacancy.

Diversity and Inclusion

The Civil Service is committed to attract, retain and invest in talent wherever it is found. To learn more please see theCivil Service People Plan (opens in a new window) and the Civil Service Diversity and Inclusion Strategy (opens in a new window).

Apply and further information

This vacancy is part of the Great Place to Work for Veterans (opens in a new window) initiative.Once this job has closed, the job advert will no longer be available. You may want to save a copy for your records.

Contact point for applicants

Job contact :

• Name : UKEF Resourcing Team
• Email : Recruitment2@ukexportfinance.gov.uk

Recruitment team

• Email : Recruitment2@ukexportfinance.gov.uk

Further information

Should you have a complaint or wish to raise any concerns regarding the recruitment process, please e-mail your complaint to the Head of Pay and Resourcing (UKEF) at Recruitment2@ukexportfinance.gov.uk and include “Complaint” in the subject heading. Should you remain dissatisfied following UKEF’s investigation then you can refer your complaint to the Commission - http://civilservicecommission.independent.gov.uk/making-complaint.

Attachments

Candidate Pack - FCC Manager G7 Opens in new window (pdf, 4320kB)