Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead compliance efforts against financial crime, AML, and sanctions in a dynamic banking environment.
- Company: Join an international full-service commercial bank making waves in the financial sector.
- Benefits: Enjoy competitive pay, professional development opportunities, and a collaborative work culture.
- Why this job: Make a real impact in combating financial crime while growing your career in compliance.
- Qualifications: Experience in commercial banking and strong knowledge of UK regulatory requirements is essential.
- Other info: Be part of a team that values integrity and innovation in financial compliance.
The predicted salary is between 72000 - 108000 £ per year.
THE COMPANY: Our client is an international full-service commercial bank. They are looking to hire a Senior Manager of Compliance for their London business. This role has a strong focus on financial crime, anti-money laundering (AML), sanctions, and anti-bribery and corruption (ABC) compliance.
THE RESPONSIBILITIES:
- Maintain and enhance the financial crime compliance framework, including policies, procedures, and controls, ensuring compliance with UK laws and regulatory requirements.
- Support the CCO to ensure the Branch complies with the Money Laundering, Terrorist Financing, and Transfer of Funds (Information on the Payer) Regulations 2017.
- Assist the CCO to oversee the branch’s compliance with FCA/PRA regulations and JMLSG guidance related to financial crime.
- Assist the CCO in identifying, assessing, and managing financial crime risks, including AML, sanctions, ABC, and fraud risks.
- Support the preparation and submission of Suspicious Activity Reports (SARs) to the National Crime Agency (NCA) and maintain related records.
- Conduct regular reviews of the Financial Crime Risk Assessments, escalating issues and recommending enhancements to mitigate risks.
- Monitor compliance with UK, International and US sanctions regimes, including screening payments and customer records for sanctions breaches.
- Oversee client onboarding processes, ensuring compliance with KYC, Customer Due Diligence (CDD), and Enhanced Due Diligence (EDD) requirements for high-risk customers, including Politically Exposed Persons (PEPs).
- Conduct ongoing monitoring of customer activity and ensure accurate maintenance of client files and KYC documentation.
- Act as the primary point of contact in the MLRO’s absence.
- Provide advice to staff on financial crime issues and escalation protocols, ensuring that suspicious activity is reported appropriately.
- Assist the MLRO in preparing financial crime-related reports for senior management, Head Office, and regulatory bodies.
- Design and deliver AML, sanctions, and financial crime compliance training to staff, fostering a culture of compliance and risk awareness.
- Provide tailored guidance to front-office and operational teams on high-risk areas, such as sanctions screening and transaction monitoring.
- Assist in preparing for and managing internal and external audits and regulatory inspections related to financial crime compliance.
- Ensure timely resolution of any findings or recommendations from audits or reviews.
- Support the preparation of reports for internal committees (e.g., Management Committee (ManCo), Audit and Risk Committee (ARCo)) and Head Office.
- Act as a compliance representative in committees or meetings as required, presenting financial crime updates and escalating significant issues.
- Assist the CCO in implementing the branch’s Compliance Monitoring Programme, with a focus on financial crime-related activities.
EXPERIENCE REQUIRED:
- Must come from a Commercial/Wholesale/Corporate Banking background.
- Strong knowledge of the regulatory requirements for third-country branches in the UK, including FCA and PRA rules, AML regulations, and JMLSG guidance.
- Significant experience in managing AML, sanctions compliance, and ABC programmes within a regulated financial institution; Practical knowledge of transaction monitoring systems and sanctions screening tools.
- Proven ability to fulfil MLRO responsibilities, including handling SARs, managing financial crime risks, and liaising with regulators.
- Ability to manage multiple priorities while maintaining attention to detail and meeting deadlines; Strong analytical and investigative skills to assess risks and identify suspicious activity.
For further information please contact Hannah Tabatabai.
Senior Manager of Compliance (AML/Financial Crime role – Wholesale Banking) employer: Compliance Professionals
Contact Detail:
Compliance Professionals Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Manager of Compliance (AML/Financial Crime role – Wholesale Banking)
✨Tip Number 1
Network with professionals in the compliance and financial crime sectors. Attend industry events, webinars, or local meetups to connect with individuals who work in similar roles. This can help you gain insights into the company culture and potentially get a referral.
✨Tip Number 2
Stay updated on the latest AML regulations and financial crime trends. Subscribe to relevant newsletters or follow key influencers in the field on social media. Demonstrating your knowledge during interviews can set you apart from other candidates.
✨Tip Number 3
Prepare for potential interview questions by reviewing common scenarios related to AML and compliance challenges. Think about how you would handle specific situations and be ready to discuss your past experiences in detail.
✨Tip Number 4
Research the bank's current compliance initiatives and any recent news related to their operations. Being informed about their specific challenges and successes will allow you to tailor your discussions and show genuine interest in the role.
We think you need these skills to ace Senior Manager of Compliance (AML/Financial Crime role – Wholesale Banking)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in compliance, particularly in AML and financial crime. Use specific examples from your previous roles that demonstrate your understanding of regulatory requirements and your ability to manage compliance frameworks.
Craft a Compelling Cover Letter: Write a cover letter that directly addresses the responsibilities outlined in the job description. Explain how your background in commercial banking and your knowledge of FCA/PRA regulations make you an ideal candidate for this role.
Highlight Relevant Skills: In your application, emphasise your analytical and investigative skills, as well as your experience with transaction monitoring systems and sanctions screening tools. These are crucial for the Senior Manager of Compliance position.
Showcase Leadership Experience: Since this is a senior role, be sure to include any leadership or mentoring experience you have. Discuss how you've previously trained staff on compliance issues or led initiatives to enhance compliance culture within your organisation.
How to prepare for a job interview at Compliance Professionals
✨Know Your Regulations
Familiarise yourself with the key regulations and compliance frameworks relevant to the role, such as AML, FCA, and PRA rules. Be prepared to discuss how these regulations impact the bank's operations and your approach to compliance.
✨Demonstrate Your Experience
Highlight your previous experience in managing financial crime compliance programmes. Use specific examples to illustrate your ability to handle SARs, manage risks, and liaise with regulators effectively.
✨Showcase Analytical Skills
Prepare to discuss your analytical and investigative skills. Be ready to provide examples of how you've assessed risks and identified suspicious activities in past roles, as this is crucial for the position.
✨Engage with Scenario Questions
Expect scenario-based questions that test your decision-making in compliance situations. Practice articulating your thought process and the steps you would take to resolve potential compliance issues.
