Financial Crime Manager

Rathbones provides individual investment and wealth management services for private clients, charities, trustees and professional partners. We have been trusted for generations to manage and preserve our clients’ wealth.

Our tradition of investing and acting responsibly has been with us from the beginning and continues to lead us forward. Our ambition is to be recognised as the UK’s most responsible wealth manager.

We see it as our responsibility to invest for everyone’s tomorrow. That means doing the right thing for our clients and for others too. Keeping the future in mind when we make decisions today. Looking beyond the short term for the most sustainable outcome. This is how we build enduring value for our clients, make a wider contribution to society and create a lasting legacy. Thinking, acting and investing responsibly.

Job Title:  Financial Crime Manager

Department: Financial Crime

Location: Jersey

Contract Type:  FTC - 12 Months

Reporting to: Michelle Hayden

The Role

To assist the MLCO/MLRO with the oversight and delivery of the effective systems and controls, within RIMI, to detect and protect against Financial Crime, Sanctions and Proliferation Financing.

Outcomes of the Role

• Fulfil a subject matter expert (SME) role for the AML function, as agreed with the MLRO/MLCO and be part of the Senior Management Function.

• Assist the MLRO/MLCO with overseeing the firm’s systems and controls for compliance with the firm’s anti-money laundering, terrorist/proliferation financing, sanctions, bribery, tax evasion and financial crime policies and procedures.

• To assist with the Financial Crime Compliance Monitoring Plan, by testing systems and controls and providing management information to the MLCO as required. Monitor the actions from the testing to ensure completion in a timely manner and deal with any remediate actions for the AML Team.

• To assist the MLRO/MLCO with internal/external audit remediation and reporting.

• To act as Deputy MLRO and identify potential suspicious activity and where requested, take responsibility for the initial investigation of suspicious activity reports, compiling full reports and ensuring all confirmed findings are reported to the MLRO and logged accordingly.

• To cover the MLRO/MLCO role as described in their job description when the MLRO/MLCO is not available. Including liaising with the JFSC/JFCU/JFIU and any other third parties and dealing with legal/regulatory notices.

• Assist in the identification, analysis and implementation of changes driven by legal and regulatory change, industry guidance or best practice.

• Co-operate with law enforcement/regulatory officers by providing accurate records within a legal framework, ensuring all their enquiries are dealt with within compliance and strict timescales.

• Assist in the creation and delivery of the AML training programme including its content and implementation.  Manage training attendance and provide regular reporting to the MLRO.

• Provide oversight of the PEP and Sanctions screening software including oversight of its results.  Investigate and record PEP and Sanction matches in preparation for MLRO sign off. Act as the PEP Manager, conducting annual reviews and managing the PEP register.

Life at Rathbones

We aim to become an employer of choice for the wealth management sector, to achieve this we are working hard to build a diverse, equal, and inclusive workplace that motivates, develops and embraces the strengths of all our colleagues. Being part of Rathbones means you will join a team of passionate professionals in a successful culture that cares for its people. At Rathbones, we provide meaningful work, opportunities, and a voice to all.

We are committed to building a team that is made up of diverse skills, experiences and abilities and encourage applications from all backgrounds. We welcome individuals who share our values – those that are passionate about client service, operate with the highest levels of integrity and have a strong results focus.

We’re a Level 1 Disability Confident employer under the UK Government scheme. This means we’ve signed up to a set of commitments around how we recruit, retain and develop people with disabilities. Find out more about the Government Scheme online. If you require adjustments to apply for a role at Rathbones, please contact us via recruit@rathbones.com to let us know what adjustments you may need.