Description

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.