At a Glance
- Tasks: Lead AML governance for a portfolio of Special Purpose Vehicles and ensure compliance with regulations.
- Company: Join a leading corporate services firm in the heart of London.
- Benefits: Enjoy a competitive salary, hybrid work model, and opportunities for professional growth.
- Other info: Dynamic role with significant responsibility and career advancement potential.
- Why this job: Make a real impact on financial crime prevention while working with top industry professionals.
- Qualifications: Extensive experience in AML and financial crime compliance, with Board-level expertise.
The predicted salary is between 72000 - 88000 £ per year.
- Description
- AML Director, Capital Markets
Location
London, United Kingdom
Schedule
37.5 hours per week
Work arrangement
Hybrid
Vacancy type
Permanent
Job Summary
The AML Director will serve as a Board Director for a portfolio of Special Purpose Vehicles ("SPVs") administered by the CSC UK Capital Markets team (the “Company”) that are registered with the FCA as Annex 1.
The role holder will be appointed to the boards of multiple SPVs and will be responsible for providing senior management oversight of anti-money laundering, counter-terrorist financing and sanctions compliance arrangements in accordance with applicable regulatory requirements.
As the SPVs are administered through a corporate services model and do not employ staff directly, the AML Director will focus on governance, oversight, challenge and accountability for the AML framework operated on behalf of the SPVs.
The AML Director will work closely with the SPV's Nominated Officer function and fellow board directors to ensure that AML obligations are met and financial crime risks are effectively managed.
In addition to undertaking AML Director appointments, the individual will support AML-related remediation initiatives, regulatory projects and financial crime governance activities across the Company's SPV and Capital Markets business.
Key Responsibilities
- AML Director Appointments
- Act as AML Director for a portfolio of approximately 10-15 SPVs.
- Serve as a director of appointed SPVs and participate fully in Board deliberations and decision-making.
- Maintain oversight of each SPV's AML, sanctions and financial crime risk framework.
- Ensure AML governance arrangements remain appropriate having regard to the nature, scale and complexity of the relevant SPV.
- Exercise effective challenge and independent judgement in respect of AML and financial crime matters presented to the Board of the relevant SPV.
- Ensure Board decisions appropriately consider AML and financial crime risks.
- Review and approve AML policies, risk assessments and other governance documents where required for each of the SPV’s.
- Escalate material AML concerns, regulatory issues or control weaknesses to the Board and relevant internal stakeholders.
- Act as a director on the UK Capital Markets operating entity
- Ensure the Company’s Board decisions appropriately consider AML and financial crime risks.
- Oversight of the Nominated Officer Function
- Work closely with the Company's appointed Nominated Officer(s) supporting the SPV portfolio.
- Receive periodic reporting regarding suspicious activity reporting, investigations and financial crime risks.
- Ensure suspicious activity reporting arrangements remain effective and appropriately governed.
- Provide oversight and challenge of AML reporting and financial crime escalations.
- Ensure the Nominated Officer function has adequate support, resources and access to Board-level decision makers.
- Participate in discussions relating to complex AML matters, high-risk relationships and material escalations.
- Client and SPV Governance
- Attend Board meetings and governance forums for assigned SPVs.
- Review and challenge reports received from outsourced providers, trustees, servicers, cash managers and other transaction parties.
- Review and/or prepare AML-related Board papers and governance materials.
- Ensure AML considerations are embedded within the overall governance framework of the SPV.
- Support the maintenance of robust governance records and Board documentation.
- Financial Crime Risk Oversight
- Review entity-level AML risk assessments.
- Consider emerging financial crime risks and regulatory developments relevant to SPV structures and capital markets transactions.
- Monitor the effectiveness of AML controls and supporting governance arrangements.
- Support implementation of risk mitigation measures where required.
- Ensure AML and sanctions issues are appropriately assessed and documented.
- Additional Expectations
While acting as AML Director will be the primary focus of the role, the successful candidate will also be expected to support broader AML and compliance initiatives across the SPV business.
- AML Remediation Projects
- Lead or support AML remediation programmes arising from internal reviews, independent testing, client reviews or regulatory feedback.
- Assist with gap analysis exercises and development of remediation plans.
- Monitor implementation and completion of agreed corrective actions.
- Support preparation of management and Board reporting relating to remediation activities.
- AML Framework Development
- Contribute to the ongoing enhancement of AML policies, procedures and governance frameworks.
- Assist with periodic reviews of AML risk assessment methodologies.
- Support the development of financial crime governance standards across the SPV business.
- Participate in the implementation of regulatory change requirements.
- AML Advisory and Subject Matter Expertise
- Provide AML and financial crime advice to colleagues, directors and client teams.
- Support new business reviews and onboarding of prospective structures from an AML perspective.
- Assist with client due diligence, risk assessments and governance reviews.
- Provide technical interpretation of AML regulations and industry guidance.
- Act as a subject matter expert for SPV-related AML matters.
- Strategic Projects
- Participate in compliance, governance and operational improvement initiatives.
- Support regulatory readiness programmes and internal governance reviews.
- Assist with development of best practice standards across the Company's corporate services business.
- Success Measures
The successful candidate will
- Effectively discharge AML Director responsibilities across a portfolio of SPVs.
- Deliver robust AML governance and Board oversight.
- Support the effective operation of the Company's Nominated Officer framework.
- Successfully contribute to AML remediation and enhancement initiatives.
- Provide credible AML expertise to clients, directors and internal stakeholders.
- Strengthen the Company's overall AML governance and financial crime framework across its SPV business.
Experience and Qualifications
Essential
- Significant experience in AML, financial crime compliance or regulatory compliance.
- Previous experience as an MLRO, Nominated Officer, AML Director, Head of Financial Crime, Compliance Director or similar senior role.
- Previous Board Director experience.
- Strong understanding of UK AML legislation and financial crime regulatory requirements.
- Experience presenting and reporting to Boards and senior governance committees.
- Strong stakeholder management and governance experience.
- Preferred
- ICA Diploma, CAMS or equivalent AML qualification.
- Experience working with SPVs, structured finance transactions, securitisation vehicles, trustee services or corporate services businesses.
AML Director, Capital Markets in London employer: CSC
CSC is an excellent employer that fosters a collaborative and innovative work culture, allowing you to thrive in your role as a Remote Team Manager. With a focus on employee growth, we offer continuous professional development opportunities and the chance to work with a diverse portfolio of clients across Guernsey and India. Our commitment to work-life balance and a supportive environment makes CSC a rewarding place to build your career.
StudySmarter Expert Advice🤫
We think this is how you could land AML Director, Capital Markets in London
✨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!
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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 CSC looking for candidates who are engaged and informed.
We think you need these skills to ace AML Director, Capital Markets in London
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 CSC. 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 CSC
✨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 CSC’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
