DBNL Financial Crime Compliance/MLRO

The Opportunity

As the Financial Crime Compliance (FCC) Head/MLRO in DBNL, your purpose is to set and implement the vision, strategy, direction and leadership for the (local) FCC team, consistent with the vision and strategy for ING Group as set by FCC centrally. Together with your team, you share a collective responsibility identifying, managing and monitoring the Financial Crime risks.

You are responsible for the implementation of FCC related policies and procedures to support the business in complying with internal FCC policies and procedures and external laws and regulations. You also advise on risk appetite setting and translation thereof in compliance related processes. At the same time, you motivate the FCC personnel in assuming their duties, not only from a local bank wide perspective but also towards the internal FCC community cross the bank. 

The Team

The FCC team will consist of approx. 200 team members (in the Netherlands and also in the Hubs) as part of the Compliance team. You report hierarchically to the DBNL Head of Compliance, and a functional reporting line to Group Compliance Head of FCC.

Roles and responsibilities

As DBNL FCC Head/MLRO:

• You have advanced knowledge of ING requirements as well as Dutch and international standards related to CDD/CFT/AML/Sanctions and CTI (Customer Tax Integrity);

• You actively maintain your knowledge of the industry practices & trends and ever changing FCC regulations, procedures and emerging issues and threats;

• You ensure that the internal FCC standards reflect both the letter and spirit of the locally applicable laws and regulations;

• You oversee the internal FCC obligations for all employees cross the Bank and you fulfil an instrumental role to (support) raising awareness and meeting professional education requirements as well as supporting the emotional connectivity to the financial and economic (FEC) risks FCC is overseeing fostering a strong risk culture;

• You support the first line of defense (1LoD) with the adequate identification of all FCC related risks in their domain and you are able to challenge the 1LoD;

• You are responsible for advice and oversight on the implementation and operating effectiveness of the FCC policies, procedures and controls to mitigate the identified risks in the organization;

• You are responsible for advising the 1LoD with regard to the formulation of their risk appetite statements based on the residual risks that flow from the risk identification- and oversight activities;

• You ensure collection of necessary information and evidence to enable effective monitoring of financial crime risks including issue tracking and effective collaboration with the Quality Assurance teams;

• You ensure collation and security of necessary information and evidence to enable effective assessment of any potential incidents and work in collaboration with the central investigations team as required;

• You are a subject matter expert and decision maker responsible for taking final decisions as well proposed solutions being implemented;

• You support, steer, strategize and develop the team including all related activities e.g. HR related activities, performance management;

• You are part of the global FCC community and where applicable part of global working group and leadership teams;

• You are an ambassador to raise awareness about FCC internally as well as externally, fostering connections and relationships with third parties in order to bring about best practices in the Dutch market;

• Excellent leadership and people management skills with the ability to support and develop team members, giving timely and constructive feedback, identifying and retaining key talents coaching skills, ability to motivate a team in a challenging environment.

• Cover all HR related activities, including performance management;

How to succeed

We hire smart people like you for your potential. Our biggest expectation is that you’ll stay curious. Keep learning. Take on responsibility. In return, we back you to develop into an even more awesome version of yourself.

Your key competencies

• You are recognized as a thought leader (or rising star) in your domain;

• You are an energetic, motivated and motivating person who can work as part of a multidisciplinary team;

• Steering of the compliance activities in the FCC area with the help of a team of compliance experts;

• Interest and drive to continuously development of compliance knowledge and expertise within the team and contribute to the same within the wider ING compliance community;

• You work independently, think and act out of the box, you take challenge naturally;

• You stay continuously up to date with relevant developments (regulatory, societal expectations, modus operandi, emerging threats, RegTech, etc);

• You have the ability to be persistent and drive change in creative ways;

• You are a team player; you trust others and can be trusted;

• You maintain contacts with internal stakeholders and relevant external parties;

• You are experienced in dealing with authorities on senior level;

• You have the ability to interact with ING senior management and supervisory board (where applicable), as well as working with junior FCC staff and on detailed technical topics

• You stimulate cross-border interaction and alignment with FCC colleagues from other locations;

• You give and ask constructive feedback;

• You inspire, motivate and help others to succeed;

• Furthermore, you adhere to the ING values and it is evident for you that your behaviour is fully aligned with these values. You are also prepared to take the Banker's Oath. For more information, please visit http://www.ing.jobs/Netherlands/Why-ING/This-is-ING-too/ING-Values.htm

Your technical skills and track record

• You are a senior subject matter expert on FCC topics, with a clear understanding of the risks under your management and you actively maintain your knowledge and skills;

• You have experience with maintaining policies and standards and you are instrumental in helping these to be adequately implemented;

• You have an in-depth knowledge and experience regarding compliance risk assessment methodologies;

• You have a natural persuasiveness/counter vailing power and know when to speak up;

• Experience in an investigative discipline is an advantage (auditing, forensic, security);

• You have a university degree or equivalent or dominant relevant experience in the Compliance domain;

• You have a minimum of 10 year of relevant experience;

• You have an excellent level of English both verbally and in writing.

Rewards & benefits

We want to make sure that it’s possible for you to strike the right balance between your career and your private life and reward our people with a generous benefits offer and employment conditions. 

Questions?

Contact Sunaina Joseph from recruitment team for more information about this role. Want to apply directly? Please upload your CV and motivation letter by clicking the “Apply” button.

Please note, multiple interview steps involving various business stakeholders will be part of the selection process