Head of Fraud, ABC and TE Advisory and Assurance Financial Crime Compliance

Can you support Group Compliance in providing oversight and advisory across Danske Bank? And would you like to lead and develop a team of motivated employees? Then the opportunity is right here

The Head of Fraud, ABC, and TE advisory and assurance, Financial Crime is responsible for supporting Group Compliance in providing oversight and advisory across the Group for the following four financial crime risk types: External Fraud/Internal Fraud/Bribery & Corruption/Tax Evasion. 

The Fraud, ABC & TE advisory and assurance Financial Crime Compliance team (currently 6 direct reports) forms part of the Bank’s Group Compliance function, which provides independent oversight of financial crime compliance advisory and assurance to assist the executive management promote a strong compliance culture within the Bank. 

You are responsible for managing resources according to function and business needs as well as developing and maintaining the team’s long-term financial crime strategy in line with the objectives of Group Compliance. You will report directly to the Head of Advisory and Assurance Financial Crime Compliance in respect to performance and personal and professional development. 

Set the risk management standards for the four risk types

As The new Head of, you will collaborate with other relevant functions in Group Compliance to ensure a sufficient level of compliance advice, oversight and reporting and alignment with Group Financial Crime policies, instructions and standards. You and members of your team are responsible for setting the risk management standards for the four risk types and overseeing, and advising on, the delivery of risk management within the first line of defence. 

You will be responsible for:

Providing subject matter expertise and advisory on managing the four risk areas, this includes setting the minimum standards for managing these risk areas. Leading a check and challenge programme across the Group. Monitoring the performance of the first line with regards to risk management and programme delivery. Undertaking deep dives and assurance activities to check and challenge the first line risk management framework and capabilities.

You will be ensuring there is ongoing horizon scanning regarding the four risk areas in order to ensure the team can provide strategic risk management guidance – while you also maintain an up-to-date view of regulations and legislation for the four risk areas.

The role also includes assisting management and staff to comply with the Financial Crime compliance obligations and risk management best practices that apply across the Group for these four risk areas. 

Develop a team and create good relationships

You have a strong understanding of the Financial Crime regulatory environment and risk and control frameworks. You are experienced in or motivated by leading and managing teams, while we also expect you to have:

A Bachelor’s degree or higher in related field such or equivalent working experience  7+ years experience working within the financial services sector, the ls

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