Summary of Role Operates as part of the second line of defence by providing technical and compliance oversight and practical guidance to the wider business on all aspects of the prevention of financial crime. Plays a key role in the delivery of the annual Compliance Plan. Key Responsibilities & Duties Provide expert and practical regulatory guidance, support and independent challenge to Forester’s first line of defence in relation to the controls in place to prevent financial crime. This will include acting as a financial crime SME on specific projects and representing compliance within relevant governance fora. Analyse and interpret MI to enable a data-led and risk-based approach to the role, sharing insights and perspectives on how to improve and adapt processes in the organization to ensure appropriate prevention of financial crime controls are in place and working effectively. Carry out a thorough investigation into any financial crime incidents, including near misses. Prepare a summary report outlining any gaps in controls and/or those that did not operate effectively and oversee the completion of any rectification actions within the agreed timeframe. Lead the development and review of key prevention of financial crime policies, processes and training materials. Deliver the training to all stakeholders, checking understanding and effectiveness. Be the first point of contact for any financial crime queries or potential incidents, providing appropriate support to business areas to appropriately resolve any identified issues, including root cause analysis and customer remediation. Produce timely and accurate MI on financial crime matters and present to the Executive and Leadership teams and the Board and relevant Committees. Perform deputy MLRO responsibilities, ensuring that financial crime systems are controls are sufficient for the needs of the business. This includes assessing changes to financial crime regulation, providing support and support and advice to the MLRO, assisting in the production of the annual ML Report to the Board, leading the annual financial crime risk assessment and ensuring the financial crime strategy is appropriate and effectively implemented. Drive education and awareness of financial crime compliance and the preventative measures and good practices across the organization. Maintain a thorough understanding of UK financial crime regulation, identifying any relevant upcoming regulatory changes impacting Foresters business. Consider the impact of key regulatory changes on prevention financial crime controls, producing assessments and actions plan as appropriate. Knowledge, Skills and Experience Deep understanding of UK financial crime regulation, be skilled at explaining requirements in straightforward/ practical terms and provide pragmatic and proportionate guidance on regulatory matters. A strong understanding of financial crime risk management practices in financial services, and what it means to deliver good customer outcomes. Experienced investigator into financial crime incidents, including root cause identification and resolution, and liaison with appropriate authorities. Ability to challenge across all levels of the business. Excellent interpersonal and communication skills Delivery focused, with high energy and drive, and ability to deliver through others. Must be able to build strong relationships within the business and the wider Compliance team Innovative and able to drive change to strengthen policies, processes and procedures. Excellent planning, report writing and stakeholder management skills; Experienced in overseeing compliance issue management and remediation activities and understanding appropriate root cause analysis practices. Qualifications Relevant Compliance/Insurance/Financial Crime Qualification or working towards it Additional Information Full-time role – 35 hours per week- start and finish times will vary depending on requirements Monday to Friday (Hybrid working)