UK Finance, the physique representing the finance and banking business working within the UK, has at the moment introduced the appointments of two new Managing Administrators; Karen Baxter, who will lead on Intelligence Technique for Financial Crime, and Jana Waterproof coat who will lead on Funds & Innovation. Each will be part of the organisation in autumn this 12 months.
Karen Baxter is at the moment Commander for Financial Crime for Metropolis of London Police, (The Nationwide Lead Pressure for Financial Crime), the Nationwide Coordinator for Fraud investigations and the Nationwide Lead for Cyber Shield throughout UK Policing. Becoming a member of UK Finance in October Karen will head up UK Finance’s Intelligence Technique working intently alongside Katy Worobec, Managing Director, Financial Crime, to guide the event and implementation of a coherent and complete technique for intelligence sharing throughout financial and cyber enabled crime in UK Finance.
With virtually 30 years regulation enforcement expertise, Karen has led the policing response nationally to fraud and monetary crime for the final two years, specializing in the position of knowledge and intelligence within the battle in opposition to financial crime, with a key understanding of the significance of working in partnership throughout the private and non-private sectors. Along with main on the battle in opposition to financial crime, Karen additionally has intensive investigative expertise of significant & organised crime, terrorism, safeguarding, covert policing, cyber, homicide and main crime. Karen will report back to UK Finance’s Chief Government and the Chair of the Financial Crime Product and Service Board.
Jana Waterproof coat joins UK Finance from FIS (and Worldpay from FIS), a number one Fintech, the place she is at the moment Director, Authorities Relations and Public Coverage, liable for its world strategic coverage programme. In her newly created position at UK Finance, Jana will likely be liable for main the commerce physique’s funds and innovation coverage and programme growth. Jana will be part of the organisation in September this 12 months, reporting to UK Finance’s Chief Government and the Chair of its Funds Merchandise and Providers Board. Jana will be part of UK Finance in September.
Jana’s background and expertise are in competitors and regulatory coverage. In 2014 she joined the Monetary Conduct Authority (FCA) to ship on its newly shaped competitors mandate, which subsequently led to the creation of the Fee Techniques Regulator (PSR). She went on to ascertain the PSR and develop its preliminary regulatory and coverage technique, delivering its first market evaluate and implementing key items of regulation together with the second Fee Providers Directive. Previous to this, Jana labored for a lot of main consultancies, together with KPMG.
Jana developed sturdy business and regulatory relationships by serving on varied Boards and Committees together with the Bank of England’s RTGS Exterior Advisory Board, the PSR Panel, the European Fee Council Board, the Pay.UK Participant Advisory Council in addition to UK Finance’s Funds Product and Service Board.
Representing greater than 250 corporations, UK Finance is the collective voice for the banking and finance business performing to boost competitiveness, assist clients and facilitate innovation. It provides analysis, coverage experience and advocacy in addition to operational and challenge implementation to boost members’ personal providers the place collective exercise throughout the business is suitable. The Board, which is led by UK Finance Chair Bob Wigley, has been developed to make sure senior and truthful illustration throughout the business.
Bob Wigley, Chair at UK Finance mentioned: “With significant experience in their specialist areas, spanning commercial operations, law enforcement, regulation, policy and the public sector, Karen and Jana both bring a wealth of knowledge and expertise which I know will prove to be significant assets to the UK Finance team and invaluable to all our members in this sphere. We are very much looking forward to their both joining us in these key roles.”
Karen Baxter mentioned: “The challenges to tackling economic crime are both diverse and growing and it’s vital that the public and private sectors play their parts in helping prevent this scourge on our society. Intelligence sharing of criminal activity is key in achieving this and I look forward to working with UK Finance’s team, members and partners in helping the industry tackle economic and cyber enabled crime.”
Jana Waterproof coat mentioned: “Having worked closely with UK Finance since its formation, I am very much looking forward to joining the team and supporting our members as they face a series of ‘in-flight’ mandatory change programmes while also navigating the challenges and opportunities presented by innovation and digital technologies.”
