Lam/mx Sr Manager Transaction Monitoring

**Controls and Applied Analytics**

**Role Purpose**:
**Financial Crime (FC) focuses on the specific financial crime threats the firm faces now and in the future, pioneering the techniques and technology that protect our business, our customers, and the many communities in which we operate from the harms associated with financial crime. FC harnesses intelligence, analytics, technology, investigation, information sharing, and public-private partnership to achieve this end, always seeking the most effective and efficient means. FC is also partnering with other areas in Compliance to build the case for a more efficient and effective regulatory approach by defining a potential new regulatory landscape based on practical, tested innovation and serving as a thought leader in the ongoing public debate on the future of regulatory compliance.**

**The jobholder is accountable for assisting with the oversight, operational effectiveness and appropriateness of the end to end Transaction Monitoring (TM) Controls, notwithstanding the sub-controls may sit within FC, HOST or Compliance COO.**

**In this role, the jobholder is responsible for**:

- **Facilitating oversight to enable effective operation of TM Controls in relation to Data, Analytics, Systems, IT, Investigations and Operations.**:

- **Assess new products, services and emerging risks, in order to improve the TM control framework.**:

- **Continuously seeks to improve the efficiency and effectiveness of transaction monitoring.**:

- **Under the guidance of the LAM Head of TM Controls, implementing and driving continuous improvement of the operating model and risk coverage for the end-to-end conduct of TM Controls.**:

- **Advising and providing guidance at the countries in LAM to ensure the effectiveness of TM Controls.**:

- **Driving change initiatives across all control areas, working collaboratively with appropriate FC functions and lines of business.**:

- **Providing support and coordination FC responses to critical incidents related to transaction monitoring with significant financial crime implications requiring a coordinated response across Compliance and the lines of business.**:

- **Establishes seamless, trusting and mutually supportive relationships with all parts of FC, Operations and the lines of business.**

Requirements

Principal Accountabilities:
Impact on the Business
- Provide technical and operational support across the local functions and Accountable Executives.
- To assist with the design, develop and implementation of strategies, initiatives, policies, and procedures in support of FC objectives and ensure for the effective execution across TM Controls.
- To ensure effective information sharing with respect to transaction monitoring across the organisation, within the operational approach of FC.
- Assist with the coordination and maintenance of the TM Controls Library.
- To escalate significant financial crime threats and management issues to senior leadership so appropriate action can be undertaken in response.
- Implementing a consistent and effective management approach across the functional areas.

Customers / Stakeholders
- Builds and establishes/maintains relationships with key internal stakeholders across Compliance functions, lines of business, and countries.
- Provides input into TM strategic direction and participation in initiatives with key members of Group, public sector and peers to share information on financial crime threats.
- Facilitates the sharing of information and creation of feedback loops across the firm to continuously adapt and improve our transaction monitoring financial crime controls and support the business in their first line responsibilities.

Leadership & Teamwork
- Clearly communicates Transaction Monitoring strategy to meet business needs.
- Provides support at a regional level transaction monitoring controls and operational environment.
- Influences through action and strong leadership with respect to establishing and effective and efficient transaction monitoring environment

Operational Effectiveness & Control
- Provide oversight of controls for the effective identification and mitigation of the specific transaction monitoring financial crime threats the firm faces.
- Facilitate the monitoring of the adherence to the TM Controls related elements of the Financial Crime Risk FIMs.

Major Challenges
FC is going through a period of rapid and deep change. The immense amount of change internally and externally calls for the job holder to be alert and adaptable to:

- Assisting to develop requirements and ensure an effective and efficient transaction monitoring programme, whilst also delivering challenging targets;
- Working within the demands of multiple diverse aspects and stakeholders of the role;
- Ensure the maintenance and optimization of the TM control framework in order to mitigate emerging risk.
- Provide support to the line of business to facilitate the implementation of new products and services