Financial Crime & Regulatory Expert

Saxo Bank•Headquarters, KY

11d•Onsite

About The Position

Working with financial crime prevention in Saxo, you will take part in our continuous efforts to fight financial crime globally by assessing risks, and implementing controls to ensure our business is compliant with regulations in all the countries where Saxo operates. The Financial Crime Prevention – Standards & Controls team is part of 1st line of defense and located in Saxo’s headquarters in Hellerup. The team is responsible for drafting business procedures in relation to KYC, approving step-by-step instructions to the operational teams, and setting requirements for digital KYC processes and risk models. We are looking for a new colleague to join our team and drive initiatives in relation to improvement of Saxo’s client risk model and further digitalization of our onboarding and ODD flows. The role requires in-depth understanding of financial crime risks and how to translate KYC requirements into digital processes and models. You will collaborate closely with other subject-matter experts, internal control functions and colleagues in the client-facing departments. It is important that you can communicate across organizational levels, and seniorities, and that you are able to make regulatory requirements understandable and operational to the organization. As Saxo is an international organization with entities across the world, it is important to have a global mindset.

Requirements

You thrive in an environment with constant changes and with a level of ambiguity but have an eye for the details.
You enjoy being part of cross-functional projects where you strive to find solutions that are commercially viable without jeopardizing regulatory requirements and can apply professional judgment to handle competing priorities.
You have experience from the financial sector with risk management and regulatory project work.
You may have an education in law, business risk management or other relevant education, or at least 5 years of experience working with regulatory implementation.
You have a relevant educational background and/or experience with assessing and understanding financial crime risk, interpretation of financial crime-related regulatory requirements, risk management or compliance
You possess a combination of technical, analytical, and FCP domain-specific knowledge and know what is required to develop and maintain a model framework
You have experience in creating and documenting business requirements for IT deliveries
You are analytical, structured and can handle multiple tasks at a time
You have a proactive approach, are driven by delivering the right level of quality, and enjoy finding solutions to address challenges
You find it easy to build relationships and communicate effectively on all levels and across borders in a global and dynamic environment
You are a team player, but with the capacity to work independently
You master English on a professional level.

Nice To Haves

Danish, as well as other languages are not a requirement, but will be considered as merit as they can help you to understand local laws and requirements, and can be a bridge to other cultures

Responsibilities

Managing and coordinating projects and initiatives in financial crime prevention.
Ensure buy-in and proper implementation across the organisation
Understanding and analysing the operational implications of new regulations and ensure correct implementation in systems, processes, and controls – with the ultimate goal of automating the processes as much as possible
Ability to define key risk indicators and suggest and evaluate data sources for development
Creating visualizations and documentation to represent model and risk metrics effectively
Ability to communicate findings and risk insights to stakeholders through reports and presentations
Creating and documenting business requirements for IT development and follow up on IT deliveries
Developing supporting materials and give input to procedures and work instructions to ensure correct implementation