Financial Crime Assurance Consultant - Birmingham, United Kingdom - Phoenix Group

Phoenix Group
Phoenix Group
Verified Company
Birmingham, United Kingdom

2 weeks ago

Tom O´Connor

Posted by:

Tom O´Connor

beBee Recruiter
Description

Job Type:
Fixed Term Contract - 12 months


Location:
Edinburgh / Birmingham

You can expect to work in a hybrid manner with time spent working in the office and at home. You can read more about
Phoenix Flex here

Flexible working:
All of our roles are open to part-time, job-share and other types of flexibility. We will discuss what is important to you and balancing this with business requirements during the recruitment process.


Closing Date: 5th March 2024


Salary and benefits:
£40,000 - £45,000 DOE per annum pro-rata, plus 16% bonus, private medical cover, 38 days annual leave, excellent pension, 12x salary life assurance, career breaks, income protection, 3x volunteering days and much more


Job Contact:
Amanda Foskett


We have an incredible opportunity to join us here at Phoenix Group as a Financial Crime Assurance Consultant to join our Line 2 Financial Crime Team.


Who are we?
We want to be the best place that any of our 6,800 colleagues have ever worked.

We're the UK's largest long-term savings and retirement business.

We offer our 12 million customers products across our market-leading brands, including Standard Life, SunLife and ReAssure, with c.£259 billion of assets under administration.

We're a FTSE 100 organisation that is tackling key issues such as transitioning our portfolio to net zero by 2050, and we're not done yet.


The role
The Financial Crime Team works to protect the Phoenix Group and its customers from the risk of financial crime


We cover:

  • Antimoney laundering & terrorist financing
  • Sanctions
  • Fraud (internal & external)
  • Bribery & Corruption
  • Facilitation of tax evasion
We prevent, detect, investigate and resolve financial crime incidents by:

  • Setting policies, procedures and controls
  • Gathering and analysing intelligence
  • Conducting investigations
  • Providing training and awareness
  • Oversight of OSP financial crime teams, and our retained business
As a Financial Crime Assurance Consultant your key responsibilities will include:

  • Designing and delivering financial crime assurance reviews in line with Phoenix's annual plan. This will involve information gathering, interviewing stakeholders, testing data and writing in depth final reports. Consulting with management to formulate and agree effective solutions to any identified shortfalls. Overseeing effective and timely delivery of those plans to address shortfalls.
  • Supporting the quarterly risk and control assessments ensuring that relevant action plans are in place and updated accordingly. Ensuring the wider actions across financial crime are given the appropriate oversight.
  • Working in partnership with internal business units and OSPs to ensure that delivery of all financial crime compliance services is of the required standard.
  • Providing Financial Crime Subject Matter Expert support to team members in relation to assurance reviews and other assurance activities.

What are we looking for?

  • Line 2 Financial Crime experience in the Financial Services sector (ideally in Life and Pensions)
  • Working knowledge of financial crime legislation and regulation
  • Experience of carrying out thematic assurance reviews
  • Proven analytical skills, judgement and reasoning ability.
  • Excellent report writing skills
  • Working knowledge of MS Word, Excel and PowerPoint
  • Strong organisation and planning skills with the ability to manage and prioritise tasks.
  • Ability to work on own initiative with limited supervision and be selfdirecting, including the ability to work under pressure and meet deadlines.
  • Excellent communication skills with the ability to develop positive and sustainable working relationships with the broad range of individuals and groups.

We want to hire the whole version of you.
We are committed to ensuring that everyone feels accepted and welcome applicants from all backgrounds.

If your experience looks different from what we've advertised and you believe that you can bring value to the role, we'd love to hear from you.


If you require any adjustments to the recruitment process, please let us know so we can help you to be at your best.

Find out more about #LifeAtPhoenix

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