Financial Compliance Officer

Job Introduction

As Financial Compliance Officer, you will act as Selfridges MLRO, appointed to oversee the compliance of anti-money laundering (AML) regulations, and that the relevant financial crime regulations, laws and policies are in place. This will include facilitating and reporting on the training of staff across all areas of the business. Implement and maintain a robust financial compliance risk framework and to provide regular status updates and where necessary alert the Selfridges Executive Committee of any current or future financial compliance risks and solutions. support Retail teams to establish more consistent and efficient ways of working across all 4 stores. You will combine your extensive knowledge of Financial Compliance to identify areas of opportunity to improve processes and communication of risk. Keeping the customer first and foremost you will offer solutions and updated guidelines through innovative thinking and techniques. You will liaise with any project that impacts financial compliance supporting and consulting with them from design to implementation.

As a Financial Compliance Manager/Officer you will:

• Act as MLRO for Selfridges
• Ensure all areas of Selfridges are compliant with the relevant financial crime regulations, laws and policies.
• Create, implement and maintain up to date policies and processes to ensure Financial crime and fraud legislation compliance
• Liaise where necessary with regulatory bodies and keep up to date with relevant publications to ensure Selfridges is up to date with current risks and trends
• Ensure Selfridges is  compliant of all future legislation and regulations prior to them coming into force
• Collaborate with and influence internal stakeholders across all functions  and where necessary, gaining the relevant inputs required to develop and maintain a robust financial compliance framework. 
• Risk assess all new business initiatives against new and current financial crime regulations, laws and policies to ensure compliance
• Effectively communicate financial compliance risks and provide solutions to Executive committee
• Establish and maintain a robust financial crime training plan and framework for all areas of the business

How you’ll do it…you will be:

• A previously FCA approved MLRO with the necessary skills qualifications and experience to undertake the role
• Able to demonstrate FCA recognised continuous professional development through training and experience
• Highly knowledgeable. You have broad business knowledge preferably within a retail business, and are passionate about setting and delivering exceptional standards 
• Analytically strong with skills to analyse data from multiple sources to identify risk
• Adaptive. You have a change mindset, and are happy in an environment of continuous review and improvement
• Engaging with the ability to influence multiple stakeholders across various functions in order to drive change, including at Director level, presenting process and policy risks in clear and concise summary format, identifying the key issues
• Naturally pragmatic and solutions orientated. You are calm under pressure and can give clear guidance
• A natural leader. Coaching team members to drive performance and enable change as well as supporting development 
• Collaborative. Working flexibly as part of the senior management team you will support and advise on projects and in cross functional meetings as appropriate
• An example of our values, a trusted and respected colleague

This guide represents a summary of the role; however all team members are expected to be flexible in the work they undertake, which may change from time to time, according to the needs of the business

Selfridges