At a Glance
- Tasks: Lead financial crime operations and innovate processes to enhance security and compliance.
- Company: Join the Bank of London, a cutting-edge UK clearing bank with a focus on technology.
- Benefits: Competitive salary, hybrid work model, and opportunities for professional growth.
- Other info: Collaborative culture with a focus on innovation and operational excellence.
- Why this job: Make a real impact in financial crime prevention while working in a dynamic environment.
- Qualifications: 8+ years in financial crime operations with strong leadership and regulatory knowledge.
The predicted salary is between 125000 - 135000 € per year.
Office Location: London | Hybrid (3 days in office per week) | Salary range: £125,000 - £135,000
Bank of London is one of only six UK clearing banks with direct access to the country's payment systems. Built on modern, cloud-native technology, we provide businesses with secure, API-driven banking that's fast, compliant, and built for growth. Our role is simple: help ambitious businesses turn their plans into reality by removing barriers and simplifying complexity. If you want to work where technology meets banking, where security comes first, and where your work directly enables business ambition, you're in the right place.
We are seeking a motivated and curious individual who aspires to excellence. This person should be highly familiar with Financial Crime and Fraud methodologies and have a passion to bring innovation and automation to the bank's Financial Crime processes within our Risk Framework. We value those who challenge conventions, possess a forward-thinking mindset, and can self-direct to deliver complex outcomes with agility, speed, accuracy, and excellence.
We’re seeking an experienced and forward-thinking Financial Crime Operations Senior Manager to support our First Line of Defence (1LoD) Financial Crime Operations teams. This role will play a critical part in overseeing the Bank’s end-to-end financial crime controls across client onboarding, ongoing due diligence, transaction monitoring, and screening, and will act as a deputy to the Director of Financial Crime Operations.
You will bring a good understanding of financial crime and fraud frameworks, and the ability to align technical financial crime matters with strategic and commercial considerations. You will have hands-on experience in designing and managing operational frameworks for high-risk and complex client segments such as Non-Bank Financial Institutions (NBFIs), Payment Firms, and FinTechs within a regulated banking environment. You will be passionate about operational resilience, scalable control design, and developing high-performing teams.
The right candidate thrives in fast-paced, collaborative environments, is comfortable challenging the status quo, and demonstrates a deep understanding of financial crime risks, controls, and regulatory expectations across the entire client lifecycle.
‘Must Have’ Role Requirements
- At least 8 years’ experience in first line of defence Financial Crime Operations functions, with experience of having worked in at least 2 of KYC/Customer onboarding/Due diligence; Transaction Monitoring; and/or Fraud operation.
- At least 5 years’ experience operating financial crime controls across high-risk client segments (e.g. NBFIs, MSBs, FX brokers, crypto firms).
- Proven track record in leading teams of up to 10 staff within financial crime operations teams within a regulated financial services environment.
- Deep, demonstrable understanding of UK AML/CTF, sanctions, and regulatory expectations (FCA, PRA, JMLSG) through having applied, operated and developed financial crime controls in line with UK regulatory requirements.
- Good understanding of current KYC, transaction monitoring and fraud risks as applicable to high risk customer segments (e.g. NBFI’s, MSBs).
- Proven expertise in transaction monitoring, name screening, onboarding/KYC, and ongoing monitoring from both an operational execution and control design perspective.
- Ability to apply financial crime controls, processes and systems in a commercial context, including when remediating matters arising or engaging with new product and service offerings.
- Proven ability to provide challenge to KYC, TM and Fraud teams, provide oversight and quality assurance and engage with the MLRO to align 1 and 2 LOD Financial Crime frameworks.
Preferred Attributes
- Experience leading teams across multiple locations.
- Engagement with UK regulatory authorities.
- Technical understanding of Lexis Nexis system functionality.
- Demonstrable experience implementing Financial Crime change (e.g., tooling migrations, process optimisation, TOM builds).
- Understanding of transaction monitoring and payments technology, system calibration and rules mapping.
- ExCo level stakeholder management and influencing skills.
Senior Manager, Financial Crime and Fraud Operations in London employer: Bank of London
At Bank of London, we pride ourselves on being a forward-thinking employer that champions innovation and operational excellence in the financial sector. Our hybrid work model fosters a collaborative environment where employees can thrive, while our commitment to professional development ensures that you will have ample opportunities for growth and advancement. Join us in London, where your expertise in Financial Crime and Fraud Operations will directly contribute to shaping a secure and compliant banking experience for ambitious businesses.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Manager, Financial Crime and Fraud Operations in London
✨Tip Number 1
Network like a pro! Get out there and connect with people in the financial crime and fraud space. Attend industry events, join relevant online forums, and don’t be shy about reaching out on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for those interviews by brushing up on your knowledge of financial crime controls and regulatory expectations. Be ready to discuss how you’ve tackled challenges in previous roles. We want to see your passion for innovation and operational resilience shine through!
✨Tip Number 3
Showcase your leadership skills! If you've led teams before, make sure to highlight that experience. Talk about how you’ve developed high-performing teams and managed complex client segments. This is key for a Senior Manager role!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive and engaged with our brand. Let’s get you on board!
We think you need these skills to ace Senior Manager, Financial Crime and Fraud Operations in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the role. Highlight your experience in Financial Crime Operations and any relevant achievements that align with the job description. We want to see how your background fits into our vision!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to showcase your passion for financial crime and fraud methodologies, and explain why you’re excited about the opportunity at Bank of London. Let us know how you can bring innovation to our processes.
Showcase Your Leadership Skills:Since this role involves leading teams, make sure to highlight your leadership experience. Share examples of how you've successfully managed teams in high-pressure environments and how you’ve driven operational excellence in financial crime controls.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates. We can’t wait to hear from you!
How to prepare for a job interview at Bank of London
✨Know Your Financial Crime Stuff
Make sure you brush up on your knowledge of financial crime and fraud methodologies. Be ready to discuss specific frameworks you've worked with, especially in high-risk client segments like NBFIs or crypto firms. This shows you're not just familiar but also passionate about the field.
✨Showcase Your Leadership Skills
Since this role involves leading teams, be prepared to share examples of how you've successfully managed teams in financial crime operations. Highlight any experiences where you’ve had to challenge the status quo or implement changes that improved operational resilience.
✨Understand Regulatory Expectations
Familiarise yourself with UK AML/CTF regulations and how they apply to the role. Be ready to discuss how you've applied these regulations in past roles, particularly in relation to KYC and transaction monitoring. This will demonstrate your ability to align technical matters with strategic considerations.
✨Be Ready for Scenario Questions
Expect scenario-based questions that test your problem-solving skills in real-world situations. Think about challenges you've faced in financial crime operations and how you overcame them. This will show your agility and ability to deliver complex outcomes under pressure.
