Control Standards Team Lead
Location: Warszawa
We support one of the biggest international banking brands in establishing a new footprint for the 1st Line Financial Crime Risk & Control organisation in Warsaw. Are you an experienced and inspiring leader as well as a supportive manager of people with a track record of working in the Financial Crime domain?
Do you want to be part of driving our financial crime risk and control transformation? Are you skilled and interested in Financial Crime Controls or policy and want to make an impact in our fight against Financial Crime?
The Control Standards Office forms part of 1st Line Financial Crime Transformation, Risk & Control function, and is responsible for maximizing the efficiency and effectiveness of the front-to-back control environment, through the definition and development of global control and operating standards.
Tasks of your team:
The Control Standards Office is responsible for setting clear expectation pertaining to: control objectives, ongoing oversight and maintenance of controls as well as execution management of control outputs. The office also plays a key role in providing appropriate oversight and transparency of the end-to-end control environment, and ensure the ongoing adequacy of control performance and operation. The coverage of this role extends to include control areas pertaining to monitoring of the customer lifecycle, transaction monitoring, sanctions and screening.
You will achieve these objectives through:
- Issuance of control standards to ensure consistency in approach to risk identification and mitigation while promoting a risk based and proportional control environment.
- Document and promote awareness of front-to-back control infrastructure (manual and automated) across the banks legal entity structures to ensure appropriate ownership, coverage and capability is understood.
- Define continuous improvement standards to ensure that the end-to-end control environment is regularly tested and assessed for ongoing adequacy.
- Work with control owners to ensure necessary control performance expectations (including outsourced arrangements) are specified across the end-to-end control environment and monitor performance and adherence to standards and other service level arrangements (SLA).
- Measure and assess the end-to-end control environment level of adequacy in managing the groups risk appetite and identify areas of control or performance weakness. Help define plans with control and process owners to address areas of weakness and remediate gaps.
We are looking for the candidates who:
- Enjoy working with a broad and complex portfolio of topics;
- Have at least 8 years of relevant experience in: development or implementation of policy, standards or procedures; supervision of Financial Crime risks; European or US Regulatory environments; process re-engineering; financial crime controls including KYC, Transaction Monitoring, Name and Transaction Screening, Sanctions and Embargo;
- Enjoy building an inclusive culture in alignment with our core values;
- Are flexible and appreciative of the challenges associated with working in a global organization such as culture and time zone;
- Hold a relevant bachelors or masters degree. Professional certification such as CAMS or ICA highly desirable;
- Are fluent in English.
