Associate II, UK AML & Fraud

When you work with the world’s most innovative companies, you know you’re making a difference.

Our clients are the game changers, leaders and investors who fuel the global innovation economy. They’re the businesses behind the next medical breakthroughs. And the visionaries whose new technologies could transform the way people live and work.

They come to SVB for our expertise, deep network and 30+ years of experience in the industries we serve, and to partner with diverse teams of passionate, enterprising SVBers, dedicated to an inclusive approach to helping them grow and succeed at every stage of their business.

Join us at SVB and be part of bringing our clients’ world-changing ideas to life. At SVB, we have the opportunity to grow and collectively make an impact by supporting the innovative clients and communities SVB serves. We pride ourselves in having both a diverse client roster and an equally diverse and inclusive organization. And we work diligently to encourage all with different ways of thinking, different ways of working, and especially those traditionally underrepresented in technology and financial services, to apply.

Job Description

SVB Financial Group provides diversified financial services toemerging,growthandestablishedtechnology businesses and thelife scienceandventure capital/private equity. Through its focus on these specialised markets and its extensive knowledge of the people and business issues driving them, Silicon Valley Bank provides a level of service and partnership that measurably impacts its clients’ success. It is recognised as the leading financial institution in the global technology and VC/PE industry.
SVB provides unique and flexible financial solutions to the most innovative and entrepreneurial businesses worldwide.

SVB has approximately 2500+ employees, $44 billion in assets, and 32 offices serving entrepreneurs around the world – 28 in the United States, and 4 outside the United States (in London, UK; Herzliya, Israel; and Shanghai and Beijing, China)

SVB has built a culture based on five core values: being enterprising, ethical, driven, dedicated and united. Both internally and with our clients, we value professionalism and emphasise its importance in communication, responsiveness and approach.

SVB’s singular focus on technology businesses and the venture capital firms that serve them, the breadth of the services it provides to its clients, its growth strategy, both domestically and internationally, and its core values create a unique and satisfying environment for members of the team.

THE ROLE:

The UK Financial Crime Associate will be responsible for performing, overseeing and working financial crime tasks designed to ensure the firm is compliant and protected from risk and loss. They will be required to prioritise and work independently whilst working as a member of a small team. The role holder will report to the Director, UK Financial Crime and will be primarily responsible for investigation and management of financial crime cases together with coaching and guidance for less experienced staff. This will include a variety of Financial Crime related activity such as transaction monitoring, sanction screening dispositions, ISAR referrals and provide support and guidance to business partners on a day to day basis.

The individual will have experience of managing a diverse workload in relation to financial crime activities and have a strong ability to engage with internal and external business partners.

They should be able to assess and recommend enhancements to processes and procedures to ensure the firm remains compliant whilst aligning to a risk-based approach.

Success within the role will ensure that both Silicon Valley Bank’s UK Branch and SVB Financial Group UK Limited comply with all applicable regulations and guidelines in relation to fraud and financial crime.

They will need to be able to work on confidential and sensitive matters, exercising good judgement in the execution of their role and putting the needs of the business first. The role holder will also be expected to “cast the right shadow” within the wider business, including acting as a liaison point into the various financial crime points within SVB in the US.

Responsibilities will include:

• Investigation and management of financial crime cases across all payment types as they occur.
• Recommendation of action to be taken when an investigation is complete.
• Maintenance of the management information required to support the financial crime operation.
• Providing advice and guidance to internal business partners in relation to financial crime
• Acting as a subject matter expert and representative of the UK Branch in relation to financial crime projects
• Building, developing and maintaining strong external tactical relationships with industry and law enforcement
• Maintaining current industry awareness
• Escalation of issues for review and resolution in relation to financial crime

SKILLS AND REQUIREMENTS

• A degree or equivalent work experience is required
• Strong working knowledge of fraud prevention and financial crime
• Strong judgement and critical thinking skills
• Ability to synthesize complex information effectively
• Excellent verbal, written and interpersonal skills
• The ability to work independently and challenge effectively
• Strong prioritisation and workflow management skills
• Relationship building

The individual should have an entrepreneurial, collaborative approach and a flexible style that allows for the input of others. The individual must share the following core values of SVB:

• An emphasis on achieving the organisation’s goals, versus individual achievement;
• An “enterprising” approach with creative problem solving; and
• A focused and results driven mindset.

The candidate must possess a high level of energy and initiative and be capable of functioning as a collaborative partner and value-added business contributor. In style, the individual should be consultative versus directive and able to weigh options and alternatives effectively, yet equally capable of being decisive and willing to take risks where appropriate.

The candidate must be hard-working, self-motivated and able to work independently in a team-oriented environment. The ideal candidate will possess a strong sense of urgency, be able to think beyond the initial set of facts or issues and have a strong orientation for probing for less than apparent solutions. He or she should bring a strong sense of ethics, sound business judgement and the desire to be a business-oriented problem solver.

LOCATION

London, UK

For more than 35 years, SVB Financial Group (NASDAQ: SIVB) and its subsidiaries have helped innovative companies and their investors move bold ideas forward, fast. SVB Financial Group’s businesses, including Silicon Valley Bank, offer commercial and private banking, asset management, private wealth management, brokerage and investment services and funds management services to companies in the technology, life science and healthcare, private equity and venture capital, and premium wine industries. Headquartered in Santa Clara, California, SVB Financial Group operates in centers of innovation around the world. Learn more at svb.com.

SVB Financial Group is an equal opportunity employer.

At SVB, we have the opportunity to grow and collectively make an impact by supporting the innovative clients and communities SVB serves. We pride ourselves in having both a diverse client roster and an equally diverse and inclusive organization. And we work diligently to encourage all with different ways of thinking, different ways of working, and especially those traditionally underrepresented in technology and financial services, to apply.

© 2021 SVB Financial Group. All rights reserved. SVB, SVB FINANCIAL GROUP, SILICON VALLEY BANK, MAKE NEXT HAPPEN NOW and the chevron device are trademarks of SVB Financial Group, used under license. Silicon Valley Bank is a member of the FDIC and the Federal Reserve System. Silicon Valley Bank is the California bank subsidiary of SVB Financial Group (Nasdaq: SIVB).

Silicon Valley Bank is registered in England and Wales at Alphabeta, 14-18 Finsbury Square, London EC2A 1BR, UK under No. FC029579. Silicon Valley Bank is authorised and regulated by the California Department of Business Oversight and the United States Federal Reserve Bank; authorised by the Prudential Regulation Authority with number 577295; and subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request.