Financial Crime Compliance & Commercial Risk
City of London
Hybrid – 3 days in the office
Permanent
£75,000
WILLINGNESS TO TRAVEL INTERNATIONALLY IS A MUST FOR THIS ROLE. PLEASE DO NOT APPLY IF THIS IS NOT OF YOUR INTEREST. THIS ROLE ALSO REQUIRES FRNECH OR SPANISH LANGUAGE SKILLS – TO A CONVERSATIONAL LEVEL,
cer Financial are working alongside a bank who are based in the City of London. They are seeking a Financial Crime Compliance & Commercial Risk to work with them on a permanent basis.
The responsibilities will include:
- Serve as the Assurance subject matter expert for Financial Crime Compliance (FCC), ensuring programmes align with regulatory requirements and industry best practice.
- Conduct independent assurance reviews of 1st Line Operations, IT, Sales, and Trading to assess effectiveness of financial crime controls.
- Support client selection and retention decisions in line with Financial Crime Risk Appetite and internal policies.
- Perform Enhanced Client Risk Assessments (onsite and remote), including control evaluations, transaction analysis, and detailed risk-based reporting.
- Provide expert guidance on financial crime matters, acting as an escalation point for ML, sanctions, bribery, corruption, and fraud concerns.
- Monitor regulatory and industry developments to ensure FCC frameworks remain current and effective.
- Deliver management information and present findings to senior management and governance forums.
- Travel internationally to conduct onsite reviews and stakeholder engagement.
The candidate will have:
- Preferred: Bachelor’s Degree or equivalent; ICA and ACAMs qualifications or equivalent.
- French and/or Spanish proficiency.
- Willingness to conduct overseas business travel across emerging markets (at least 25%).
- Previous audit or assurance experience (inhouse or via consultancy).
- Broad financial crimes regulatory knowledge including international best practices for financial crime controls and correspondent banking.
- Working knowledge of JMLSG, FCA and Wolfsberg guidance.
- Desirable experience in correspondent banking, payments or mobile money products.
- Previous financial services, law enforcement, legal, consultancy, government or regulatory experience.
- Experience in client-facing projects; direct collaboration with prospective and existing clients, which may involve dealing with challenging situations.