Financial Crime Operations Risk & Control Business Control Officer
Canary Wharf
Hybrid (3/2 split)
Contract
Up to £750 per day (via Umbrella)
cer Financial are working alongside an international bank, who are based in Canary Wharf. They are seeking an Operations Risk & Control Business Control Officer to work with them on a contract.
Responsibilities:
- Oversee the risk and control framework across Financial Crime Middle Office (FCMO).
- Identify, assess, monitor, and mitigate operational and financial crime risks.
- Monitor KYC, AML, sanctions screening, customer onboarding, and transaction monitoring controls.
- Review control effectiveness, KRIs, incidents, audit findings, and regulatory issues.
- Lead risk assessments, control reviews, and remediation activities.
- Ensure audit, compliance, and regulatory actions are tracked and completed on time.
- Analyse risk and control MI, identify weaknesses, and report emerging risks to senior management.
- Work closely with Operations, Compliance, Risk, Legal, Technology, and Internal Audit.
- Drive improvements in governance, procedures, and operational risk management.
The candidate:
- Experience in Business Control, Operational Risk, Financial Crime, Compliance, or Audit within banking.
- Strong knowledge of AML, KYC, CDD, sanctions, PEP screening, fraud, and transaction monitoring.
- Good understanding of risk and control frameworks and the Three Lines of Defence model.
- Experience conducting risk assessments, control testing, and issue remediation.
- Strong knowledge of regulatory requirements and financial crime controls.
- Experience preparing risk MI, KRIs, management reports, and governance updates.
- Strong stakeholder management, communication, and analytical skills.
- Ability to challenge processes, identify control weaknesses, and drive improvements.
- Relevant financial crime, risk, or compliance qualifications are desirable.