The Fincrime Compliance team
Like most of Griffin, the Compliance team is in its infancy. You'll be working directly alongside our CCO and MLRO. As we're a highly collaborative start-up, you will work closely with other teams to achieve a variety of high-impact outcomes.
We're working to build a Compliance team that is a highly respected and integrated part of the business - somewhere our colleagues go to for expert and pragmatic advice. We should be the best in class when it comes to all things compliance and financial crime prevention.
We're not putting patches on legacy frameworks, we're laying the foundations of the future of global financial infrastructure.
Who are you
The ideal candidate for this job will have most of the following:
- Strong knowledge of Fraud, AML, CTF and ABC regulation and sanctions laws, as well as industry best practice in the design and operation of systems and controls for financial crime prevention.
- 5+ years’ experience working within financial services in the UK, ideally within a fintech and/or a challenger bank. At minimum. experience operating a three lines of defence model, specifically operating within the 2nd line of defence.
- Experience working for/being supervised by the UK’s financial services regulators - the FCA and/or the PRA. Additional experience working with other organisations such as NCA and HMT.
- Experience delivering compliance monitoring programmes and developing, implementing and overseeing fincrime prevention framework, including writing related policies, performing risk assessment and reporting.
- A research mindset: you're comfortable diving deep into source regulation, analysing it, and applying it.
- Experience of designing and/or delivering financial crime prevention training at scale which is specific to the business.
- Comfort with solo execution - we're a small team so you'll need to be happy rolling up your sleeves.
- Open to the implementation of new technologies for the purposes of monitoring and oversight. Using these to streamline the compliance oversight function.
- Experience of presenting financial crime prevention matters to senior colleagues, for example interactions at Executive Committee and Board level.
- A collaborative mindset and an interest in working closely with all other parts of the business, from both coaching and product development perspectives.
We’re hybrid-remote, and most of your colleagues will not share an office with you on a day-to-day basis. This means you should also have:
- A high degree of comfort adopting new software tools for document drafting, collaboration and communication.
- A love of writing - we have a major amount of written documentation that you will be contributing to, and we place a high degree of importance on clarity and readability (you can find out more here about how we write )
What will you be doing here?
As a Deputy MLRO at Griffin, you will...
- Assist the MLRO with the monitoring the implementation of our financial crime prevention framework across all financial crime types, setting the overarching requirements for the firms compliance with risk appetite and ensuring appropriate levels of assurance in adherence to the required standards.
- Provide ongoing financial crime prevention subject matter expertise in the form of advisory work to the 1st line of defence.
- Coordinate and prepare financial crime prevention MI and reporting. This includes both internal committee and MLRO oversight packs as well as regulatory reporting, all to be delivered within required timeframes.
- Manage the financial crime prevention monitoring programme, working with the Risk team and Internal Audit team to deliver a collaborative combined assurance model.
- Keep up to date with emerging regulatory changes in so far as they relate to financial crime and summarise/provide advice to the first line about the changes that are required.
- Act as a nominated person for the purposes of SAR oversight and reporting. Provide training and feedback to deliver SARs to the highest standard as required by the NCA.
- Design and deliver financial crime prevention training to the business.
- Deputise for the MLRO when they are not available.