Graduate Economic Crime Risk

At the Student Loans Company, we process almost 1.5 million student finance applications every year. We dedicate ourselves to supporting 9.4 million customers and administer a loan book valued at £227.5 billion.

Whether a customer is applying for student finance or repaying their loan we want to make their experience as easy as possible, at the same time as delivering the exceptional service that they deserve.

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The Economic Crime Unit (ECU) provides oversight of SLC’s approach to financial crime risk, ensuring risks are identified, mitigated, and effectively managed across the organisation. This includes setting expectations for how economic crime risk is managed in line with the Enterprise Risk and Compliance (ERC) Policy, Framework, and Statement of Intent (SOI).

If you’re driven by analytical thinking, motivated by protecting organisations from risk, and excited by the idea of tackling real world financial crime challenges, this programme is designed for you.

Through a combination of structured learning modules and practical on-the-job experience, you’ll build technical knowledge, develop professional confidence, and play a meaningful role in supporting SLC’s compliance and risk management objectives.

As a key Second Line of Defence (2LoD) function, the ECU

• offers independent risk management advice
• monitors how well financial crime risks are controlled
• ensures safeguards are in place to protect SLC from internal and external threats.
• The ECU also undertakes investigations into suspected fraud and helps build a strong culture of risk awareness to protect SLC from financial loss and reputational harm.

As a Graduate in the Economic Crime Unit, you’ll support the delivery of key projects and initiatives that directly strengthen SLC’s financial crime prevention efforts. During this 24month rotational programme, you’ll gain hands-on exposure to essential business activities while developing core skills across all ECU specialisms.

​Essential

Ability to;

• communicate and collaborate effectively with colleagues and customers by actively listening and delivering quality information timely
• manage, interpret, and use data to support decision making and drive effective outcomes
•  use digital tools and technologies to communicate, access information, and solve problems
• identify, assess and manage risks to minimise potential impacts
• demonstrate readiness to new ways of working and remain effective in ambiguous situations while identifying opportunities for continuous improvement
• Sufficient resilience to operate within a dynamic and evolving environment, and a passion to continually improve an organisations approach to economic crime risk
•  The confidence and ability to engage effectively with a wide range of internal and external economic crime stakeholders

Desirable

• The ability to design and implement new intervention-based processes and activities
• Knowledge of economic crime risk management
• A qualification relating to Economic Crime / Money Laundering