Senior Financial Crime Market Interventions Associate in London

Division: Supervision, Policy & Competition (SPC)

Department: Financial Crime Market Interventions (FCMI)

Salary: National (Edinburgh and Leeds) ranging from £53,800 to £71,666 and London £59,200 to £78,800 (salary offered will be based on skills and experience). This role is graded as: Senior Associate – Regulatory.

About the FCA and team:

We regulate financial services firms in the UK, to keep financial markets fair, thriving and effective. By joining us, you’ll play a key part in protecting consumers, driving economic growth, and shaping the future of financial services in the UK. SPC oversees regulated firms and individuals (Supervision), creates and reviews the rules by which they operate (Policy) and identifies and remedies ineffective competition in markets (Competition). Sitting in the Specialist Directorate, the Financial Crime Market Intervention (FCMI) department provides the FCA with specialist financial crime expertise to support its strategic objective by helping to minimise the risk of regulated businesses being used for purposes connected with financial crime.

The Senior Associate will support the oversight and delivery of Annex 1 firms’ compliance with the Money Laundering Regulations, identifying opportunities to strengthen systems and controls and contributing to supervisory interventions that promote positive regulatory outcomes. They may also undertake financial crime systems and controls assessments for firms subject to the Money Laundering Regulations across multiple portfolios, working collaboratively to enhance firms’ compliance frameworks and financial crime risk management.

Role responsibilities:

• Conduct and deliver supervisory and intelligence work on firms subject to the Money Laundering Regulations, including assessing business models, AML control frameworks and indicators of financial crime risk, unregistered activity or wider consumer harm.
• Analyse complex information from multiple sources, including firm submissions, open-source material, Companies House data, internal intelligence and case material, to identify risks and support evidence-based decision-making.
• Assess firms’ compliance with the Money Laundering Regulations, with a focus on areas such as business-wide risk assessments, customer risk assessments, customer due diligence, ongoing monitoring, governance and training.
• Support the identification and development of cases, supervisory interventions, proactive programmes and portfolio/thematic work designed to address financial crime risk, weaknesses in AML systems and controls, potential unregistered activity or wider consumer harm.
• Draft high-quality briefings, assessments, recommendations and internal papers for senior stakeholders, clearly setting out risk, rationale and proposed next steps.
• Build and maintain effective working relationships across the FCA, including with supervision, intelligence, enforcement and policy colleagues.
• Support engagement with firms where required, including information requests, follow-up questions and analysis of responses.
• Help develop team knowledge, improve processes and contribute to a supportive team culture.

Skills required:

• Minimum: Prior experience of financial crime risks, particularly Anti-Money Laundering (AML), and how risk-based controls are designed, implemented or assessed in a professional environment.
• Demonstrable experience analysing complex data or information and producing clear, evidence-based recommendations or decisions.
• Essential: Excellent written communication skills, with the ability to produce clear, concise, and high-quality outputs on technical, regulatory, or complex topics for a range of audiences.
• Proven ability to manage multiple competing priorities and consistently deliver high-quality work within tight deadlines for a range of stakeholders.
• Experience working in a supervisory, regulatory, compliance, enforcement, intelligence, financial crime, or related environment.
• Sound understanding of anti-money laundering regulatory requirements, including the Money Laundering Regulations, with practical experience applying regulatory requirements in a professional setting.
• Experience assessing business models, ownership structures, due diligence processes or transaction flows to identify and evaluate risk.
• Experience contributing to cross-functional initiatives and effectively managing a varied portfolio of work or projects.

Benefits:

• 25 days annual leave plus bank holidays.
• Hybrid model where employees work a minimum of 40% in the office each month (expectation of 50% for senior leaders). Changing from September to a minimum of 50% in the office each month (expectation of 60% for Directors and Executive Directors).
• Non-contributory pension (8–12% depending on age) and life assurance at eight times your salary.
• Private healthcare with Bupa, income protection and 24/7 Employee Assistance.
• 35 hours of paid volunteering annually.
• A flexible benefits scheme designed around your lifestyle.

Our values and culture:

Our colleagues are the key to our success as a regulator. We are committed to fostering a diverse and inclusive culture: one that’s free from discrimination and bias, celebrates difference and supports colleagues to deliver at their best. We believe that our differences and similarities enable us to be a better organisation – one that makes better decisions, drives innovation and delivers better regulation.

If you require any adjustments due to a disability or condition, your recruiter is here to help - reach out for tailored support. We welcome diverse working styles and aim to find flexible solutions that suit both the role and individual needs, including options like part-time and job sharing where applicable.

Disability confident: our hiring approach:

We’re proud to be a Disability Confident Employer and therefore, people or individuals with disabilities and long-term conditions who best meet the minimum criteria for a role will go through to the next stage of the recruitment process. In cases of high application volumes we may progress applicants whose experience most closely matches the role’s key requirements.

Useful information and timelines:

• Job advert close: 19th July 2026 at Midnight.
• CV Review/Shortlist: 21st July 2026.
• Case Study Assessment & Interviews: 28th July 2026.

Your Recruiter will discuss the process in detail with you during screening for the role, therefore, please make them aware if you are going to be unavailable for any date during this time.

SC Clearance is required for this role (SC Guidance). Candidates must either already hold Security Check (SC) level vetting or be willing and able to obtain and maintain it as a condition of appointment.