Job Description

In a nutshell

Supporting and deputising for the Director of Financial Crime in their capacity as Nominated Officer for Sainsbury\xe2\x80\x99s Bank (SB), Home Retail Group Card Services (HRGCS) and Home Retail Group Insurance Services (HRGIS). HRGCS and HRGIS are also collectively known as Argos Financial Services (AFS).

What you need to do

• Lead the management of relationships with law enforcement, National Crime Agency (NCA) and His Majesty\xe2\x80\x99s Treasury (HMT).
• Manage the receipt, investigation and disclosure of money laundering and Proceeds of Crime Act (POCA) suspicious activity reports.
• Receive, evaluate and escalate sanctions \xe2\x80\x98true matches\xe2\x80\x99 as well as coordinating any enforcement actions arising.
• Receive and review customer risk assessments and making recommendations on treatment.
• Lead on major investigations into suspected money laundering, terrorist financing, sanctions breaches within SB and AFS or Suppliers acting on behalf of SB or AFS.
• Submit external disclosures or consent/licence requests to the NCA or HMT.
• Act as a central reporting point for all legal orders across SB and AFS and our suppliers.
• Co-ordinate of all financial crime related customer exits across including monitoring that instructions to exit have been processed correctly.
• Develop and deliver management information in support of internal and external financial crime reporting.

What you need to know

Professional experience

• Min 5 years Management/SME/consulting/legal/Investigation experience in one of more of the following:

• 1st or 2nd Line financial crime function, within a Financial Services environment
• Specialist 3rd line Financial Services audit function, specialising in financial crime audits.
• Specialist financial crime consulting firm.
• Legal firm advising / acting on behalf of Financial Services Clients on financial crime matters.
• Law enforcement / NCA /HMT involved in the investigation of potential sanctions or money laundering cases.

\xc2\xb7 Retail Banking experience preferred.

\xc2\xb7 Effective relationship management and inter-personal skills.

Technical skills

a) Essential

• SME (Expert) level understanding of UK anti-money laundering laws and regulations and sanctions law and practice.
• Previous experience of either: i) assessing, investigating and actioning AML suspicious activity reports and Sanctions \xe2\x80\x9ctrue matches\xe2\x80\x9d either as a Nominated Officer, member of a nominated officer function; or b) Investigating cases or advising clients in a legal capacity in respect of actual incidence of suspected money laundering/sanctions breaches as a member or law enforcement/legal practitioner.

b) Desirable

• Knowledge and practical experience of the planning and execution of internal fraud/malpractice investigations.
• Previous experience of working either as an SMF-17 or Nominated Officer delegated alternate.

What you need to show

\xc2\xb7 Strong decision-making skills and ability to take initiative

\xc2\xb7 Strong interpersonal skills \xe2\x80\x93 can nuance a message to reflect recipients and circumstances

\xc2\xb7 Resilient / calm under pressure

\xc2\xb7 Excellent attention to detail

\xc2\xb7 Strong team player

\xc2\xb7 Strong problem-solving ability

Our Benefits

In addition to the all-important competitive salary, pension & bonus offering, we totally get that life outside work is important to us all. So, we want to shout out some of our other great benefits\xe2\x80\xa6

• We offer flexible working to help you achieve a good work/life balance.
• Opportunity to buy extra holidays is on the table
• Discounts on your weekly shop, buying a laptop or sofa? We\xe2\x80\x99ve got it covered through your Sainsbury\xe2\x80\x99s, Argos and Habitat store discount card
• Cycle to work scheme and great coffee and cake!

A Little About Us & Our Culture

We\xe2\x80\x99re proud of our heritage as the UK\xe2\x80\x99s first supermarket bank. As digital technology drives the banking landscape we want to be at the cutting edge of this technology, offering award winning innovative digital banking products to our customers. Technology is where we see our growth therefore, we need innovators to join us and drive the next phase of our evolution.

We\xe2\x80\x99re a friendly bunch who collectively share a passion to make our customers\xe2\x80\x99 financial lives easier. As part of the wider Sainsbury\xe2\x80\x99s Group, being one of the UK\xe2\x80\x99s most trusted brands, it brings our colleagues a wealth of opportunities to fulfil their potential. Here, you can be part of something bigger and help to create a new approach that puts the customer at the heart of everything we do.

Everyone is welcome at the Sainsbury\xe2\x80\x99s Group, and we\xe2\x80\x99re proud to be an equal opportunities employer that champions a diverse and inclusive culture that reflects the diversity of the communities we serve.

Work-life balance is important to us, so we offer our colleagues as much flexibility as possible in line with the needs of their role. We trust them to decide how, where and when they work, combining remote and collaborative working with a flexible approach to hours within their working days, giving plenty of time and space for life outside of work whilst delivering against our business goals.

As this role involves working within a regulated environment any offer will be subject to satisfactory background checks including criminal record check, credit check, fraud check and employment references.

Sainsbury\'s