Assistant Manager, Financial Crime, Forensic

Basic informationLocationLondonBusiness LineStrategy, Risk & Transactions AdvisoryDate published20-May-2024Req #15813Job descriptionConnect to your IndustryCombating Financial Crime – it’s just another day at the office for our Anti-Financial Crime experts.This is your opportunity to join Deloitte's growing Forensic team, dedicated to providing services to protect, monitor and respond against the threats of financial crime. We also help our clients harness technology to pro-actively identify and address related challenges in a variety of industries.Our Forensic group includes forensic accountants, law enforcement specialists, technology specialists and business intelligence experts. This range of skillsets enables us to bring great insight, value and problem-solving abilities to our clients’ issues.Your role will form part of the financial crime team within Forensic, focusing on engagements related to anti-money laundering, sanctions, fraud, bribery and corruption, and conduct matters.Growth in financial crimeReducing financial crime is a key priority for regulators, authorities and governments globally. Organised crime groups, money launderers, terrorists and fraudsters are increasingly using sophisticated international networks and financial systems to move or store funds and assets or commit fraud. Financial institutions are particularly vulnerable due to the nature of their businesses and the volume of transactions and client relationships they manage. Global financial institutions also face multiple legal and regulatory requirements in the UK, US and other countries where they do business.In recent years, we have witnessed an increased willingness of regulators to pursue individual firms and impose tougher penalties for breaches of regulations, involving fines in the millions. In the UK, the Financial Conduct Authority's agenda suggests a continued focus on systems and controls issues through further thematic review work, attestations and enforcement activity to reinforce credible deterrence and promote standards across the industry.The growth in demand for our services in this area provides an ideal opportunity for an enthusiastic new member of the team.For more information about Deloitte Forensic and the financial crime team please see our Financial Crime websiteConnect to your career at Deloitte      Deloitte drives progress. Using our vast range of expertise, we help our clients' become leaders wherever they choose to compete. To do this, we invest in outstanding people. We build teams of future thinkers, with diverse talents and backgrounds, and empower them all to reach for and achieve more. What brings us all together at Deloitte? It’s how we approach the thousands of decisions we make every day. How we behave, our beliefs and our attitudes. In other words: our values. Whatever we do, wherever we are in the world, we lead the way, serve with integrity, take care of each other, foster inclusion, and collaborate for measurable impact. These five shared values lead every decision we make and action we take, guiding us to deliver impact how and where it matters most.Connect to your opportunity Deloitte has one of the largest forensic practices in the world with over 1400 dedicated practitioners in over 30 countries, providing you with the opportunity to work abroad and experience varying business and cultural environments. Being part of a specialist group of around 250 professionals, but within a large global firm, means you will be part of a close knit culture but with the support and benefits of a large organisation.You will gain exposure to incredibly exciting projects of a highly sensitive nature, working with clients to adapt and respond to new financial crime threats, to provide guidance on the application of new and emerging regulations and legislation, to identify weaknesses in systems and controls, to design and implement control enhancements and to support clients responding to regulatory action. The work within the team is varied, ensuring great experience and development opportunities.We take your development and our people’s careers very seriously and foster a nurturing environment. Our appraisal process is structured, transparent and interactive - you will receive continuous training and ongoing supportive feedback to achieve the goals that you set yourself. Be part of an environment where hard work and ambition is rewarded.As an Assistant Manager, your responsibilities will vary depending on the focus of your client engagement and your skillset, but could include and/or require the following:Working with engagement leaders and client stakeholders and SMEs to identify strategic, operational or tactical solutions to complex issuesCommunicating complex legislative or regulatory requirements to business audiences with easeLeading or supporting the delivery of projects and workstreams (depending on scale) on a range of client engagements including:assessing the adequacy of current systems and controls to manage financial crime risk, including conducting policy gap analyses against legal and regulatory requirementsadvising on the identification and assessment of financial crime riskadvising on the design and implementation of systems and controls to manage financial crime risk or enhance operational efficiencydrafting and performing test scripts to assure the effectiveness of financial crime controlsadvising on the response to regulatory action (including skilled person reviews, SAMLP visits)conducting customer due diligence, sanctions and transaction monitoring look-backsDeveloping new methods and tools to support the high quality and innovative delivery of advice and services to clientsManaging diverse teams within an inclusive team culture where people are recognised for their contributionMentoring and appraising staff as part of the performance management processBuilding a broad network of client relationships within the financial crime community and wider financial services industryProactively supporting business development initiatives and go-to-market offerings, identifying new opportunities to deliver value to clientsSupporting client account teams, including the management of relationships and project opportunitiesContributing to articles and thought leadership pieces on financial crime and broader regulatory matters in order to build eminence in the marketplaceConnect to your skills and professional experience At Deloitte, our people are expected to have the professional and personal skills to provide a distinctive client experience during our engagements. We understand that we need different types of people with different skills to provide our clients with the best possible service. So whether you are a delivery specialist, regulatory advisor or technical master you will be able to find something exciting and entertaining.To qualify, you must possess demonstrable knowledge, a proven ability to deliver with significant experience in financial crime.Essentials:Proficient technical knowledge and experience of one of more of the financial crime risk domains (AML, sanctions, fraud, bribery and corruption, anti-tax evasion)Good familiarity with the breadth of laws and regulations imposed on the regulated firms to defend against financial crime and strong practical experience of converting them into operational realityA sound understanding of one or more segments of the financial services industry (banking through to insurance)Highly effective interpersonal skills and strong evidence of designing solutions to problems and the ability to translate design into implementation actionsGood experience in leading workshops, sessions or meetings with various business or technical stakeholders to define requirements or strategic objectives for financial crime related issuesAbility to assist sales activity, from identifying opportunities for client engagement, designing responses to market offerings through to supporting oral presentationsProject management experience, with the ability to understand key risks to successful delivery and how to resolveExcellent people management skills and experience in building, developing and leading diverse teams, fostering an environment of learning, inclusion and supportDeep interest in innovation and a drive to build personal eminence in the industryContinual pursuit of broadening the skills of themselves and the teamAdvanced writing skills including design thinking, sentence construction, punctuation, syntax etc.Good presentation skills including presentation design and deliveryDesirables:Professional qualifications in financial crime e.g. ICA or ACAMS or equivalent desirable, though not essentialA developing network of relevant contacts within the marketConnect to your business - Strategy, Risk & Transactions AdvisoryIn an ever-evolving world, there are no certainties in business. Our teams help clients to navigate risks, process major transactions and deliver transformational change that will future-proof their business. Join us to make a positive difference.  Forensic & Financial Crime Our teams in Forensic and Financial Crime provide proactive advice, transformation and operational support to help clients protect their brand and navigate financial crime risks, including money laundering, fraud and corruption.  Personal independenceRegulation and controls are standard practice in our industry and Deloitte is no exception. These controls provide important legal protection for both you and the firm. We are subject to a number of audit regulations, one of which requires that certain colleagues abide by specific personal independence constraints (e.g., in relation to any financial interests and employment relationships). This can mean that you and your "Immediate Family Members" are not permitted to hold certain financial interests (shares, funds, bonds etc.) with audit clients of the firm, and also prohibitions on certain employment relationships (e.g., you are not permitted to hold a secondary employment role with SEC audit clients of the firm whilst being employed by the firm). The recruitment team will provide further detail as you progress through the recruitment process or you can contact the Independence team upon request.Connect with your colleagues “Deloitte is changing the mentality to agile working and the diversity debate. In terms of actual goals and openness to different ways of working, the firm is leading the way.”-Janice, Strategy, Risk & Transactions AdvisoryOur hybrid working policyYou’ll be based in London with hybrid working. At Deloitte we understand the importance of balancing your career alongside your home life. That’s why we’ll support you to work flexibly through our hybrid working policy. Depending on the requirements of your role, you’ll have the opportunity to work in your local office, virtual collaboration spaces, client sites and remotely. You’ll get the chance to meet face to face when needed, while you collaborate and learn from colleagues, share your experiences, and build the relationships that will fuel your career and prioritise your wellbeing. Please check with your recruiter for the specific working requirements that may apply for your role.Connect to your return to work opportunity Are you looking to return to the workplace after an extended career break? For this role we can offer coaching and support designed for returners to refresh your knowledge and skills, and help your transition back into the workplace after a career break of two years or more. If this is relevant for you, just let your recruiter know when you make your application.Our commitment to you Making an impact is more than just what we do: it’s why we’re here. So we work hard to create an environment where you can experience a purpose you believe in, the freedom to be you, and the capacity to go further than ever before. We want you. The true you. Your own strengths, perspective and personality. So we’re nurturing a culture where everyone belongs, feels supported and heard, and is empowered to make a valuable, personal contribution. You can be sure we’ll take your wellbeing seriously, too. Because it’s only when you’re comfortable and at your best that you can make the kind of impact you, and we, live for.Your expertise is our capability, so we’ll make sure it never stops growing. Whether it’s from the complex work you do, or the people you collaborate with, you’ll learn every day. Through world-class development, you’ll gain invaluable technical and personal skills. Whatever your level, you’ll learn how to lead.Connect to your next step A career at Deloitte is an opportunity to develop in any direction you choose. Join us and you’ll experience a purpose you can believe in and an impact you can see. You’ll be free to bring your true self to work every day. And you’ll never stop growing, whatever your level.Discover more reasons to connect with us, our people and purpose-driven culture at deloitte.co.uk/careersRTWPROG WPFULL SLSRTA BASTASRT BARISREG