Financial Crime Manager

Financial Crime Manager - Job Description Draft v1
Location:
London

Reporting to:
CEO

Company:
Novion Global LTD

Hours per week:
Part-Time (initially) Monday to Friday
Job Overview
The Financial Crime Manager is responsible for developing, implementing, and overseeing the financial crime framework at Novion Global LTD. This role focuses specifically on financial crime prevention and control, including anti-money laundering (AML), counter-terrorist financing (CTF), sanctions, fraud prevention, and transaction monitoring.
The Financial Crime Manager will ensure the organisation maintains robust controls to identify, prevent, detect, and manage financial crime risks across its operations. The role also supports the development of financial crime risk frameworks, reporting structures, and governance mechanisms aligned with relevant UK and EU regulatory requirements.
This position operates within the financial crime risk management function and is separate from regulatory compliance responsibilities.
The individual must have strong experience in financial crime controls, transaction monitoring, and second line oversight, particularly within fintech, challenger banking, brokerage, or crypto environments.
Key Responsibilities
1. Financial Crime Framework Development
• Develop, implement, and maintain the company’s Financial Crime framework.
• Establish policies, procedures, and controls relating to AML, CTF, sanctions, and fraud prevention.
• Ensure the financial crime programme aligns with applicable regulatory expectations and industry best practices.
• Maintain appropriate documentation and audit trails for financial crime governance.
2. Financial Crime Risk Management
• Assist senior management in defining and maintaining the organisation’s Financial Crime Risk Appetite.
• Develop and maintain the Financial Crime Risk Register.
• Identify emerging financial crime risks and recommend mitigation measures.
• Monitor and assess the effectiveness of financial crime controls across the organisation.
3. AML / CTF, Sanctions & Fraud Oversight
• Oversee the implementation and effectiveness of AML, CTF, sanctions screening, and fraud monitoring frameworks.
• Ensure appropriate customer due diligence (CDD), enhanced due diligence (EDD), and ongoing monitoring processes are in place.
• Maintain appropriate financial crime registers (e.g., SARs, sanctions alerts, internal escalations).
• Investigate suspicious activity and ensure appropriate escalation and reporting procedures are followed.
4. Transaction Monitoring & Financial Crime Systems
• Oversee transaction monitoring frameworks and alert investigation processes.
• Design, build, test, and implement
Transaction Monitoring (TM) rules
for payment flows.
• Provide second-line oversight of transaction monitoring effectiveness.
• Ensure appropriate quality control (QC) and quality assurance (QA) processes are in place for financial crime monitoring.
• Support financial crime systems configuration and optimisation.
5. Financial Crime Due Diligence
• Conduct financial crime due diligence on customers, partners, and counterparties.
• Review onboarding processes to ensure appropriate financial crime controls are embedded.
• Support CRM onboarding flows and financial crime workflows across first and second line of defence.
6. Cross-Border Payment & Flow Monitoring
• Monitor and assess financial crime risks related to payment flows, CFD trading activity, and crypto-related transactions.
• Support financial crime controls for complex transaction activity and cross-border payments.
7. Correspondent Banking & Partner Oversight
• Support due diligence and ongoing oversight of correspondent banking relationships and financial partners.
• Liaise with partner institutions regarding financial crime risk management requirements.
8. Governance & Reporting
• Prepare Financial Crime reporting for senior management and relevant committees.
• Prepare committee packs and financial crime reporting materials.
• Escalate financial crime risks, breaches, and emerging threats to senior management.
9. Regulatory & Industry Framework Awareness
Ensure the financial crime programme aligns with relevant regulatory frameworks including:
•
Payment Services Directive (PSD2)
•
Electronic Money Regulations (EMRs)
•
Financial Services and Markets Act (FSMA)
•
Money Laundering Regulations (MLRs)
•
MiFID II awareness where applicable
10. First Line & Second Line Collaboration
• Work closely with First Line of Defence (1LOD) operational teams to ensure effective financial crime controls.
• Provide Second Line oversight and challenge over financial crime processes.
• Support the development of financial crime procedures embedded within operational workflows.
Key Competencies
•
Financial Crime Expertise:
Strong understanding of AML, CTF, sanctions, fraud, and transaction monitoring frameworks.
•
Transaction Monitoring Experience:
Proven experience designing or managing TM rules and monitoring frameworks.
•
Risk Management:
Ability to assess financial crime risks and implement effective mitigation strategies.
•
Analytical Skills:
Strong investigative and analytical capabilities.
•
Attention to Detail:
High accuracy in financial crime reporting and investigations.
•
Communication:
Ability to communicate financial crime risks and controls clearly to stakeholders.
•
Governance & Reporting:
Experience preparing governance reports and committee documentation.
•
Collaboration:
Ability to work across operational, risk, compliance, and technology teams.
Qualifications & Experience
•
Bachelor’s degree required
(Finance, Law, Economics, Criminology, or related discipline).
• Professional certifications such as
ICA, ACAMS, or equivalent
are advantageous.
• Demonstrable experience in
Financial Crime roles within fintech, challenger banking, crypto firms, or brokerage environments
.
• Experience operating within
second line of defence financial crime oversight
.
• Proven experience with
Transaction Monitoring, QC/QA processes, and alert review frameworks
.
• Experience designing or managing
financial crime systems and monitoring rules
.
• Strong understanding of relevant regulatory frameworks including
PSD2, EMRs, FSMA, MLRs, and MiFID II awareness
.
Candidates within agile fintech or challenger environments are strongly preferred