Team description
The team is part of the Financial Crime Compliance (FCC) domain within ING. It is responsible for translating Anti-Financial Crime laws and regulations into clear policies and standards, providing guidance to ensure ING remains compliant and is not inadvertently involved in illicit activities. The team supports both Retail and Wholesale Banking. It works closely with FCC Transaction Monitoring, FCC Customer Due Diligence, and FCC Screening leads to optimize relevant controls and supports the group-wide Operational Effectiveness (OE) assessment process.
Specific Function
The team leads the development, implementation, and continuous improvement of policies and standards for Anti-Money Laundering (AML) and Customer Tax Compliance (CTC). It ensures group-wide operational effectiveness, manages the OE assessment and annual statement for the CEO, and provides advisory support across all client segments and countries. The function also drives risk management maturity by sharing expertise and good practices across the FCC risk domains.
Job description
The Lead FCC Advisory ensures that Anti-Financial Crime laws and regulations are translated into actionable policies and standards, supporting ING’s compliance and risk management maturity. The role covers all client segments globally, including Wholesale Banking. Responsibilities include managing the group-wide OE assessment, collaborating with 1LoD and other FCC leads, and maintaining effective relationships with regulators and industry bodies. The Lead FCC Advisory is a key member of the Group FCC MT and other global committees, driving policy updates, risk appetite definition, and operational effectiveness.
Specific Tasks and Responsibilities
Drive sustained operational effectiveness and draft the annual OE Statement for the Bank's CEO.
Minimize internal and external formal observations on control, design, and effectiveness.
Review and update AML and CTC policies and standards according to relevant regulations and laws.
Define and update Wholesale and Retail FEC risk appetite in line with executive management guidance.
Oversee group-wide OE assessment, managing contributions from all countries/units and 1LoD functions.
Collaborate with FCC TM, FCC CDD, and FCC Screening leads to optimize controls.
Represent ING in key industry and regulatory forums.
Support the development of risk-based practices and a risk management mindset across the organization.
Specific Knowledge and Experience
Relevant university degree or equivalent.
Minimum 15 years’ experience in non-financial risk management, including developing FEC standards/policies, risk assessments, frameworks, and reporting, with at least 5 years in a leadership role.
In-depth knowledge of relevant legislation and guidelines (e.g., FATF), ML/TF techniques, implementation controls, and KYC procedures.
Extensive experience with Wholesale and Retail banking products and clients.
Proven experience in leading and developing teams of high-value specialists.
Reporting Line and Classification
The Lead of FCC Advisory reports hierarchically to the Global Head of Financial Crime Compliance located in Amsterdam.
This position is classified as: GJA JG 21 – Job Title: Lead Compliance V| Job Family Group: Compliance | Job Family: Regulatory Compliance