At a Glance
- Tasks: Lead AML/CTF frameworks and manage suspicious activity reporting.
- Company: Join Broadgate, a key player in investment management.
- Benefits: Receive mentorship opportunities and engage with senior stakeholders.
- Other info: Position requires expert knowledge of UK AML/CTF legislation.
- Why this job: Be the FCA-approved SMF17 and shape compliance culture.
- Qualifications: Must have significant experience in compliance within FCA-regulated firms.
The predicted salary is between 80000 - 120000 £ per year.
As the Head of Financial Crime you will be responsible for ensuring that the firm complies with its obligations under UK anti‑money laundering (AML), counter‑terrorist financing (CTF), and broader financial crime legislation and regulation. Acting as the firm’s FCA‑approved SMF17, the MLRO will oversee financial crime systems and controls, manage suspicious activity reporting, and provide strategic guidance to the business on mitigating financial crime risks.
Key Responsibilities
- Lead the implementation, and maintenance of AML/CTF and financial crime prevention frameworks.
- Provide regular management information and reports to your reporting line, the Board and senior stakeholders.
- Keep up to date with regulatory developments and industry best practices, advising the business on changes.
- Receive, review, and investigate internal suspicious activity reports (SARs), escalating to the National Crime Agency (NCA) as appropriate.
- Provide leadership, guidance, and mentorship to the compliance/financial crime team.
- Deliver AML/CTF training to staff and promote a strong compliance culture across the organisation.
- Act as the primary liaison with regulators, law enforcement, and auditors on financial crime matters.
What You’ll Bring
- Significant experience in a senior compliance monitoring or assurance role within an FCA‑regulated firm, ideally in wealth & investment management.
- Previously held the SMF17 is essential.
- Excellent written and verbal communication skills, with confidence to engage with regulators and senior stakeholders.
- Expert knowledge of UK AML/CTF legislation and FCA regulatory requirements.
- Strong leadership skills with the ability to influence at all levels of the business.
Head of Financial Crime - SMF17 employer: Broadgate
Broadgate is located in the heart of London and focuses on investment management. The firm values strong compliance culture and offers mentorship to enhance leadership skills.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Financial Crime - SMF17
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Broadgate. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Head of Financial Crime - SMF17
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Broadgate.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Broadgate's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Broadgate
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Broadgate.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Broadgate will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Broadgate employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
