London Area, United Kingdom
Commercially focussed and strategic Financial Crime Consultant, trouble-shooter and interim Financial Crime Director, supporting businesses through: • Building effective long-term relationships with Boards / C-Suite Execs through clarity of advice and consistent delivery. • Mentoring new MLROs and Execs with prescribed responsibility for FC (or those subject to regulatory enforcement or review for the first time). • Shaping dynamic global FC strategies and action plans aligned to firms' wider business objectives. • Developing proportionate, efficient, and customer-centric FC control and governance frameworks, aligned to each firm's unique culture and operating model. • Leading the design, recruitment and optimisation of high-performing 1st and 2nd line FC Teams. • Reducing cost / customer-friction / risk, through technical innovation and process simplification. • Supporting the development of compliant new products and services. • Shaping effective responses to: regulatory enforcement / major incidents / S-166 Reviews. • Fixing broken or underperforming Financial Crime Frameworks. Experience covers: FinTech, Payments, Retail and Commercial Banking, Credit Cards & Merchant Acquiring, Private Banking & Wealth Management, Corporate Banking, General Insurance, Money Services, Investment Banking and Corporate Advisory, Correspondent Banking.
Financial Crime consulting and senior interim assignments, including: 1) ClearBank - Interim Head of Financial Crime Operations (8 months) responsible for: - BAU management of the Bank's 1LOD FC Operations - Stabilising and optimising the 1LOD Financial Crime Function - Reviewing, enhancing and simplifying the firms CDD and FC risk assessment frameworks, - input to the agile development of compliant new products. - Advising on the future structure and Target Operating Model of the 1LOD FC Function. 2) WorldPay - Financial Crime Optimisation Consultant (6months) responsible for: 1LOD: Leading the re-design and enhancement of the firms Global Financial Crime Customer due diligence and customer risk-assessment frameworks, and advising on the future state structure and target operating model of the Global Due Diligence Function. Mentoring the new Head of 1LOD Financial Crime. 2LOD: Updating and enhancing key sections of the firms Financial Crime Policies and Standards, to reflect emerging industry good practice, regulatory expectations and exploiting opportunities for simplification/risk based approach. Business profiles: FinTech, Payments, Merchant Acquiring, Correspondent Banking.
Course completed Feb 2024. Research / dissertation topic: The legal and regulatory implications of biometric-based customer authentication and identity verification solutions. During 2023, I also supported The International Compliance Association with the conception and development of their new MLRO certification qualification.
Bank-wide lead for AML / Sanctions / Fraud / Customer Security related: strategy; policy; planning; risk-assessment; compliance oversight and reporting, business advisory, system optimisation, MLRO function, Nominated Officer function and AML operations. Business profile: UK Retail Banking, Payments, Credit Cards.
Setting the Financial Crime agenda for collective action by the UK Banking & Finance Sector.
Responsible for the Bank's end-to-end financial crime strategy, governance and operating model. Board level buy-in obtained for all key recommendations, and new model implemented.
Engaged by: The UniCredit Group, Sainsbury's Bank and Tesco Bank to support a range of assignments including: • Reviewing and enhancing firms financial crime strategies, control frameworks and operating models. • leading the design of bespoke financial crime risk & compliance solutions. • Leading the planning and initiation of major financial crime change programmes. • Presenting formal proposals and business cases to relevant Boards, ExCos and Risk Committees. Business profile: Retail, Commercial and Corporate Banking.
Global lead for the RBS Groups Private Banking, Wealth Management, Asset Management and Offshore Banking Businesses across 15 jurisdictions. Remit covered AML / Sanctions / Anti-Bribery & Corruption related: strategy; policy; planning; risk-assessment; compliance oversight, reporting, exceptions management, Nominated Officer function and business advisory. Business profile: Private Banking, Commercial Banking, Wealth Management, Asset Management and Offshore Banking.