Financial Crime Compliance Executive

On-site in Milton Keynes·Full-time·Added yesterday (last checked 20 Oct)

Mercedes-Benz

Automotive

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Overview

Contract: Full-time
Closing date: Apply by Wednesday 4 November
Holiday: 25 days holiday

The role

Tasks

Job Title: Financial Crime Compliance Executive

Closing Date: 3 November 2026

About us

At Mercedes-Benz Financial Services, our passion lies not only in the finance solutions we provide, but in the people who make them possible. We're enthusiastic, forward-thinking and dedicated to shaping the future of mobility with sustainable solutions and outstanding customer experiences.

Together, we create an inclusive workplace where everyone feels they belong, can contribute and be their best self. Our culture is built on respect and equal opportunity. We celebrate the diversity of our teams, recognising that different perspectives and experiences strengthen who we are, what we do and how we do it.

At MBFS, we are proud to be a Menopause Friendly Accredited Employer, reflecting our ongoing commitment to creating a supportive and inclusive workplace. We offer wellbeing support options and resources for colleagues experiencing menopause and to those who are supporting someone through it.

How you'll play your part

This role offers the opportunity to make a meaningful impact by strengthening our approach to financial crime compliance and helping protect the business and our customers from financial crime risk. We're looking for someone who demonstrates sound judgement, attention to detail and the confidence to challenge and influence stakeholders, with experience or knowledge of financial crime regulation, AML, transaction monitoring and risk-based controls.

Working within a highly regulated and collaborative environment, you'll help to provide effective second-line oversight, identify emerging risks and strengthen financial crime controls, contributing to robust regulatory compliance and a strong risk culture across the business.

Main Accountabilities

Maintain the AML Directives, in line with MLR 2017, POCA, Terrorism Act and JMLSG.
Act as 2LOD SME for 1LOD on complex customers, source of funds and UBO / dealer introducer risk; recommend high-risk / out-of-appetite decisions to the DMLRO.
Operate and challenge the CRA methodology, country ratings and risk-tiering; recommend model changes.
Support delivery of the annual BWRA.
Support 2LOD oversight of screening and adjudicate escalated matches.
Challenge 1LOD alert investigations, scenario coverage and tuning; recommend new / retired rules to the DMLRO.
Produce TM MI (volumes, ageing, SAR conversion, false-positive rate) and escalate systemic issues and emerging typologies.
Triage, investigate and decision internal SARs; prepare DAMLs and external SARs for MLRO / DMLRO approval.
Own the SAR register and manage engagement with NCA / UKFIU, NaVCIS and police (including production orders).
Set and challenge 2LOD control expectations for fraud (application, identity, dealer-facilitated) and CIFAS / Hunter use.
Support the ABC programme and Criminal Finances Act 2017 tax-evasion facilitation controls; run related thematic reviews.
Deliver the annual FCC monitoring / assurance plan - thematic reviews, control testing and QA of 1LOD case files.
Own the FC issues, breaches and events register and provide independent 2LOD input into Internal Audit and regulator engagement.
Manage FCWG papers and minutes; support Compliance / Risk committees and chair the FCWG in the DMLRO's absence.
Deliver DMLRO / MLRO MI, FCA / HQ AML / FLA / ICS reporting and REP-CRIM; own the annual MLRO Report inputs.
Own the FCC training programme and horizon-scan FCA, JMLSG, FATF, OFSI, HMT, NCA, FLA and UK Finance updates.

What you'll bring

The requirements for this role are highlighted below. If your experience looks a little different and you believe you have transferable skills that would help you succeed in this role, we'd love to hear from you.

Essential:

Broad financial crime compliance experience within a second line of defence role, gained within banking and/or an asset-backed lending or motor finance environment, with practical knowledge across AML and CTF, customer risk assessment, screening, transaction monitoring, suspicious activity reporting, fraud and financial crime controls.
Working knowledge of the UK financial crime regulatory framework, including the Money Laundering Regulations 2017, Proceeds of Crime Act 2002, Terrorism Act 2000 and relevant JMLSG guidance.
Experience providing independent review, challenge and advice to first line teams, including assessing complex cases, identifying control weaknesses and escalating material financial crime risks.
Experience undertaking financial crime monitoring, assurance or quality assurance activity and producing clear management information, findings and recommendations.
Strong analytical, written and stakeholder-management skills, with the confidence to exercise sound judgement, constructively challenge and communicate complex matters clearly.

Desirable:

Experience acting as a senior 2LOD subject matter expert on complex customers, source of funds, beneficial ownership, dealer or introducer risk and high-risk or out-of-appetite decisions.
Experience operating, challenging or enhancing customer risk assessment methodologies, country-risk ratings, risk-tiering models or a business-wide risk assessment.
Detailed experience of transaction monitoring governance, including scenario coverage, tuning, rule changes, alert-quality challenge, management information and emerging typologies.
Experience investigating and decisioning internal suspicious activity reports, preparing external SARs or DAML requests, maintaining SAR governance records and engaging with law-enforcement bodies.
Experience setting or challenging fraud-control expectations, including application, identity or dealer-facilitated fraud and the use of CIFAS or Hunter.
Experience supporting anti-bribery and corruption or Criminal Finances Act 2017 tax-evasion facilitation controls and delivering related thematic reviews.
Experience owning financial crime issues, breaches or events; contributing to Internal Audit or regulatory engagement; and preparing senior governance, committee or MLRO reporting, including REP-CRIM.
Experience leading financial crime governance forums in a senior colleague's absence, owning a financial crime training programme or translating regulatory developments into proportionate control enhancements.

At Mercedes-Benz you are required to maintain ethical standards in accordance with our policies. You must also adhere to the company's compliance guidelines and policies including anti-bribery and all relevant competition law.

What's in it for you

Alongside a rewarding career, we offer a competitive range of benefits to support your wellbeing, lifestyle, development and future ambitions.

Flexible and hybrid working - Hybrid working for office-based roles, helping you balance your time between home and the office and the option to request flexible working arrangements.
Reward and benefits - Competitive salary, bonus scheme and a company-funded benefits bank that allows you to choose between a range of benefits to suit your lifestyle, including options such as private medical insurance, dental insurance, income protection, a health cash plan, annual leave purchase, medical screening, discounted gym membership and more.
Time to recharge - 25 days annual leave, increasing with length of service.
Mercedes-Benz perks - The opportunity to drive a Mercedes-Benz through one of our colleague car schemes.
Planning for the future - A company pension to help build financial security for today and tomorrow.
Wellbeing support - Access to 24/7 Employee Assistance Programme, Peppy, Mental Health First Aiders, Menopause Support and a Virtual GP Service.
Development opportunities - Take charge of your growth with access to our Development Hub, offering learning tools, virtual and in-person training, leadership programmes, and resources to support your career development.

What's next?

Once you click apply, we'll take you through to the Mercedes-Benz Group careers portal - our parent company site. Here, you'll find a short application form to complete.

When you apply, you'll be asked to complete a short online application where we'll ask that you include your current CV. You'll also be asked some application questions, including your current salary information.

Need adjustments during the recruitment process?

We want every candidate to feel supported throughout our recruitment process. If there is anything we can do to help you participate fully and comfortably, please let us know. We're committed to creating an accessible experience and will work with you to provide any support or adjustments you may need.

Right to work

Due to UK legislation, we can only accept applications from candidates who have the right to work in the UK.

Managing your data

We care about your personal data. The UK General Data Protection Regulation provides you with more control and by submitting an application to us, we consider this to be an agreement to process your personal data in support of our recruitment and selection process.

Data categories that we process in relation to your application are the ones that you provided as part of the application process. We process your personal data in relation to the application, in accordance with the legal requirements. Recipients of your personal data within our company are the managers of the specialist unit in charge of filling the position and the responsible colleagues from HR.

Your application data is held within our secure application tracking system called Taleo - you'll be given access to a candidate zone in this system where you can monitor and manage your application and see status updates. We will communicate with you, by email or phone throughout the recruitment process so that we can keep you updated and inform you of your progress through the recruitment process. You can also seek 'job alerts' once you are registered in Taleo and it's possible your details may be returned in searches we conduct for new positions and we may contact you by email to let you know about them. We limit the storage of your data to the necessary period. Contact us as careers@mercedes-benz.com for further information.

If you have any questions about any matter relating to data protection or the personal data that we process about you for the purpose of personnel recruiting, please contact the Chief Officer of Corporate Data Protection for the Mercedes-Benz Group at the following address: HPC W079 70546 Stuttgart, data.protection@mercedes-benz.com.