AML Control Owner

Stockholm, SE, 111 46 Tallinn, EE, 11415 London, GB, EC2V 7A2 Warszawa, PL, 02-460 Taastrup, DK, 2630 Helsinki, FI, 500

Job ID: 19830

We are looking for a specialist with deep knowledge in Transaction Monitoring controls to join “Own TM Controls” team. The successful candidate will work with a variety of stakeholders to contribute to strengthening Nordea’s Anti-Money Laundering controls. This is an opportunity for you to be part of one of the most exciting and challenging efforts going on within Nordea on our journey to fight financial crime.

At Nordea, we see that the world is changing fast – and we want to be one step ahead of the curve. That’s why we’re deeply committed to providing the financial crime prevention solutions of tomorrow to our customers. We’re creating an agile environment where we experiment and grow together – and we need your ideas and unique background. With us, you’ll be in good company, with a chance to make your mark on something bigger.

About this opportunity
Welcome to the “Own TM Controls” team, within the Transaction Monitoring (TM) unit. Our team is part of Group Financial Crime Prevention (GFCP), which provides group-wide solutions to fight financial crime in Nordea. We add value by securing that our customers and Nordea will not be used in illegal ways that could harm them and as well harm our society.

Nordea is a full service bank operating in multiple different Business Area’s (BA’s) such as Large Corporates & Institutions, Business Banking, Trade Finance, Markets, Asset & Wealth Management and Personal Banking. The broader TM Unit supports all of these area’s offering excellent career development and skill diversification opportunities, should you wish.

As a GFCP Master/Senior Expert you will play a pivotal role in our fight against financial crime working with multiple stakeholders across different functions and Business Area’s to create, review, manage and optimise TM controls.

As the Control Owner, you will be accountable for the end-to-end effectiveness and efficiency of existing and future controls with a specific focus on data quality, risk coverage, customer segmentation and control output, in line with risk appetite. Your role involves creating, owning and implementing a roadmap with the purpose to maintain or increase the value of automated TM controls in production. This will be built upon an ongoing qualitative and quantitative assessment of the effectiveness and efficiency of the controls.

You will be accountable for:

• In-depth understanding of relevant control aspects, including Money Laundering / Terrorism Financing / Tax Evasion risks, regulatory expectations and commitments, technical implications, products and services covered, among others
• Simplifying the complexity associated to each control aspect to inform Senior Management and enable appropriate decision-making
• Creating and maintaining a consolidated control library which includes all relevant information to assess the effectiveness and efficiency of controls
• Creating and maintain a prioritised list of recommendations for improvements with the aim to increase the value of the controls
• Creating business optionality to enable a risk-based and appropriate prioritisation
• Informing relevant Governance Fora if significant efficiency or effectiveness issues are detected, escalating risks as appropriate and providing optionality to solve them

You’ll join a team where you can bring your talent and engagement to work in an international and dynamic environment. The role is based in either Stockholm; Helsinki; Høje Taastrup; London; Tallinn; Warszawa. Who you are Collaboration. Ownership. Passion. Courage. These are the values that guide us in being at our best – and that we imagine you share with us. To succeed in this role, we believe that you:

• Have a business mindset and you are eager to understand both the business and technical sides
• Focus on the big picture while having an eye for detail
• Are self-driven, result oriented and able to operate under pressure in a changing environment and achieve results through others
• Have experience of building influence across the organisation
• Are a good communicator with stakeholders both upwards and downwards, and have excellent presentational skills
• Are honest and dependable, willing to speak up even when it’s difficult
• Are used to work with and manage diverse stakeholder with divergent needs

Your experience and background:

• 8 + years’ experience in Financial Crime Prevention, specifically in relation to anti-money laundering controls
• Organised, analytical, structured and professional in taking initiative, and work proactively under own direction
• Good business orientation and risk management mindset
• Effective communicator and strong senior stakeholder management
• An excellent record of delivery, ideally in the context of working with complex business areas
• Ability to work with ambiguity, solve complex problems and structure the unstructured
• Strong writing and presentation skills
• You are fluent in spoken and written English
• Intermediate level of tools as PowerPoint, Word, Outlook, SharePoint, Excel

It would be advantageous if you have:

• Very good understanding of classic rule-based transaction monitoring systems and associated products (credit cards, loans, etc.)
• Very good understanding of Correspondent Banking/Relationships and SWIFT messages
• Very good understanding of Capital Markets or Trade Finance business and products
• Previous experience working with Quantexa

If this sounds like you, get in touch!

Next steps At nordea.com, you can read more about us, our business and our focus on integrating sustainability into everything we do. Please submit your application, which must include your CV and motivation letter no later than 25/06/2024. Interviews will be held successively during the recruitment process based on candidates’ qualifications.

For more information, you’re welcome to contact the Head of Design, Review and Optimise TM Controls, Emanuele Rossotti, [email protected]. At Nordea, we know that an inclusive workplace is a sustainable workplace. We deeply believe that our diverse backgrounds, experiences, characteristics and traits make us better at serving customers and communities. So please come as you are.

Please be aware that any applications or CVs coming through email or direct messages will not be accepted or considered.

Only for candidates in Sweden: For union information, please contact [email protected] or [email protected].

Only for candidates in Poland: Please include permit for processing personal data in CV as following:

In accordance with art. 6 (1) a and b. Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95/46/EC (General Data Protection Regulation) hereinafter ‘GDPR’. I agree to have: my personal data, education and employment history proceeded for the purposes of current and future recruitment processes in Nordea Bank Abp.

The administrator of your personal data is: Nordea Bank Abp operating in Poland through its Branch, address: Aleja Edwarda Rydza Śmiglego 20, 93-281 Łodź. Your personal data will be processed for the recruitment processes in Nordea Bank Abp. You have a right to access your personal data, right to rectify and right to delete. Disclosing the personal data in the scope specified by the provisions of Polish Labour Code from 26 June 1974 and executive acts are mandatory. Providing personal data is necessary to conduct the recruitment processes. The request for the deletion of your personal data means resignation from further participation in recruitment processes and causes the immediate removal of your application. Detailed information concerning processing of your personal data can be found at: https://www.nordea.com/en/doc/nordea-privacy-policy-for-applicants.pdf

We reserve the right to reply only to selected applications.

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