At a Glance
- Tasks: Lead the fight against financial crime and shape compliance strategies for the National Wealth Fund.
- Company: Join the National Wealth Fund, driving investment confidence across the UK.
- Benefits: Competitive salary, hybrid working, and unique learning opportunities in finance.
- Other info: Diverse and inclusive workplace with excellent career growth potential.
- Why this job: Make a real impact on the UK's financial landscape while developing your career.
- Qualifications: Experience in financial crime compliance and strong communication skills required.
The predicted salary is between 70000 - 80000 £ per year.
Shape the Future with the National Wealth Fund
At the National Wealth Fund, our mission is to swiftly and effectively mobilise trusted sector insights and investment expertise to unlock billions in private finance for projects across the United Kingdom.
Providing £27.8bn of capital and an expanded mandate, we are ready to help the market invest with confidence and continue to drive forward the Government’s growth ambitions.
Role Purpose
The primary purpose of the Risk & Compliance function at the National Wealth Fund (NWF) is to embed an effective risk management framework that enables the risks to the Fund’s objectives to be managed in an agile and effective way.
The team fosters a risk‑aware culture across the Fund and provides the necessary assurance that key risks are managed within the appetite set by the Board.
This role is for a Financial Crime Manager reporting to a Senior Financial Crime Manager and will be responsible for the enhancement and oversight of the Fund’s financial crime compliance framework.
The manager will deliver a proactive second‑line financial crime strategy and framework, underpinned by processes and controls that ensure compliance with relevant regulatory, financial, and operational requirements.
- Key Accountabilities
- Support the Senior Compliance Manager in delivering the Compliance strategy, compliance monitoring plan, and associated policies to drive, promote, and maintain a strong Compliance and Financial Crime culture within the business.
- Assist in developing, implementing and maintaining the NWF’s Financial Crime strategy and framework, proactively identifying opportunities for improvement, and working with key stakeholders across the Fund to embed the framework to ensure appropriate levels of compliance.
- Conduct comprehensive financial crime risk assessments and provide oversight and quality control of client risk assessments to identify and mitigate financial crime risks.
- Undertake and ensure that the customer due diligence requirements for new and existing clients are robust and in line with FCA requirements, Money Laundering Regulations, Joint Money Laundering Steering Group (JMLSG) guidance, and other relevant financial crime regulations, and remain fit for purpose.
- Provide expert advice and support to the first line of defence on financial crime matters to enable NWF to operate in line with all relevant regulatory and legislative requirements in relation to Financial Crime.
- Monitor and review the effectiveness of financial crime controls, recommending improvements where necessary.
- Undertake and/or assist in investigations into financial crime incidents and report findings to senior management.
- Participate in internal or external audits of the Risk and Compliance function, or the Fund as a whole, including inspections or enquiries from law enforcement agencies.
- Work closely with audit teams to provide necessary documentation and address any findings.
- Develop and deliver training and awareness programmes on financial crime prevention to colleagues.
- Prepare regular reports on financial crime risks and compliance to NWF’s Executive Committees, Board, and Board sub‑committees.
- Stay up to date with the latest regulatory developments and industry best practices.
- Perform horizon scanning – review updates and determine which are relevant to NWF.
- Oversee and mentor direct reports, ensuring effective performance management and professional development.
- Work collaboratively within a high‑performing team to deliver the function’s strategic risk and compliance framework, liaising across the 3LOD to deliver integrated assurance.
- Support senior management with interactions with regulatory bodies, law enforcement agencies, and other stakeholders as required.
- Key Experience
- Significant experience working in a financial crime function, preferably within a regulated financial services environment.
- Experience in developing and implementing financial crime frameworks.
- Experience in conducting risk assessments and investigations related to financial crime.
- Experience in managing teams and delivering to deadlines.
- Experience within investment banking and/or infrastructure finance is desirable.
- Experience of public sector regulation or working within government would be an advantage but not essential.
- A legal background would be an advantage but not essential.
- Knowledge
- Educated to degree level.
- Strong knowledge of the UK’s financial crime framework, including applicable laws, regulations, and industry guidance (e. g., sanctions, fraud, UK Bribery Act, Money Laundering Regulations, JMLSG guidance).
- Professional financial crime–related qualifications (e. g., ICA or CISI) are advantageous.
Skills
- Strong communication, listening, and writing skills.
- Ability to present to various audiences, including committees and senior management.
- Pragmatic and comfortable working with ambiguity.
- Strong attention to detail and well‑organised; ability to prioritise, multi‑task, and work well under pressure.
- Ability to think strategically while also focusing on details and execution.
- Strong problem‑solving techniques, including the ability to identify, research, and resolve unfamiliar issues.
- Ability to collaborate across business lines and functions with a professional presence; proven ability to cultivate and maintain strong business relationships at all levels within the organisation.
Compensation & Working Arrangements
Salary: £70,000 – £80,000. Hybrid working with a minimum of three days per week in the Leeds office.
Benefits
An opportunity to make a lasting impact and work on cutting‑edge technologies that will drive the UK’s future.
Competitive benefits and unique learning opportunities from combining both private and public sector skills and experience.
EEO & Inclusion
The National Wealth Fund encourages a diverse workforce and welcomes applications from all suitably qualified people.
Inclusion is at the heart of what we do and diversity in the Fund’s people and their ideas will be vital to our success.
Appointments will be made on merit, reflecting a broad spectrum of experience, expertise, and perspectives.
Background Checks
Referencing and background checks are carried out for all roles at the National Wealth Fund.
Successful candidates will be offered a salary that is appropriate to their relevant experience and performance during the selection process.
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Manager - Financial Crime (Permanent) in Leeds employer: 70 National Wealth Fund Limited
At 70 National Wealth Fund Limited, we pride ourselves on being an excellent employer that fosters a collaborative and innovative work culture. Our Leeds office offers a vibrant environment where employees can thrive, with ample opportunities for professional growth and development in the field of policy and strategy. We are committed to supporting our team members with competitive salaries and a flexible hybrid working model, making it an ideal place for those seeking meaningful and rewarding employment.
Contact Details:
70 National Wealth Fund Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Manager - Financial Crime (Permanent) in Leeds
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
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✨Leverage Your University Career Services
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Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like 70 National Wealth Fund Limited looking for candidates who are engaged and informed.
We think you need these skills to ace Manager - Financial Crime (Permanent) in Leeds
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at 70 National Wealth Fund Limited. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at 70 National Wealth Fund Limited
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with 70 National Wealth Fund Limited’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
