At a Glance
- Tasks: Lead the Financial Crime Quality Assurance team and enhance compliance frameworks using advanced data analytics.
- Company: Dynamic FinTech company in London, known for innovation and growth.
- Benefits: Competitive salary, hybrid work, mentorship, and a supportive culture.
- Other info: Join a collaborative environment with clear pathways to leadership roles.
- Why this job: Make a real impact in financial crime prevention while advancing your career.
- Qualifications: Leadership experience in Financial Crime QA and strong analytical skills.
The predicted salary is between 80000 - 100000 £ per year.
A global FinTech organisation based in London, specialising in helping ambitious businesses unlock global growth. Known for fostering a collaborative and inclusive environment, the company has been recognised for its rapid expansion and cutting‑edge solutions in the fintech industry. Their mission is to empower both businesses and employees to succeed on a global scale.
The Global Head of Financial Crime Quality Assurance will lead the second‑line‑of‑defence function, ensuring rigorous, data‑driven assessments of Financial Crime controls (AML/CFT, Sanctions). This pivotal role is essential for strengthening governance, minimising financial crime risks, and ensuring compliance with all applicable laws and regulations. The role will enhance the Quality Assurance Framework by incorporating advanced data analytics processes and AI tools to drive effective coverage.
Key Responsibilities
- Perform a comprehensive review of the existing framework, making recommendations to uplift practices.
- Plan, execute, and monitor all phases of the Financial Crime Quality Assurance (FCQA) framework.
- Manage and perform second‑line‑of‑defence FCC QA assessments, including the design and operational effectiveness testing of key financial crime controls.
- Oversee remediations and recommendation implementations, providing actionable feedback to the first and second line of defence.
- Provide ongoing updates to relevant stakeholders, including all governance committees.
- Perform event‑driven and thematic reviews in areas of compliance as directed by the business.
- Maintain and review the second‑line‑of‑defence FCC QA review calendar, ensuring timely completion of reviews and communication of reports.
- Lead the planning and scoping of FCC QA reviews, utilising advanced data analytics to select appropriate, risk‑based control samples.
- Report identified control issues and manage remediation plans to ensure completion and validation.
- Coordinate the submission of financial crime control assessment reports to regulatory bodies as required.
Key Skills & Experience
- Proven leadership experience managing a team of FC Quality Assurance specialists.
- Extensive experience in Financial Crime Quality Assurance or Compliance testing within the finance industry, with specific knowledge of AML/CFT and Sanctions regulations.
- A strong grasp of control frameworks and the 3 Lines of Defense model, particularly the second line's role.
- Demonstrated experience with data‑driven and/or AI tooling, leveraging analytics to provide insight and coverage beyond traditional sampling approaches.
- Ability to interpret complex regulatory concepts, analyse control data, identify root causes, and develop effective solutions.
- Experience in a Fintech environment is useful; banking experience is also welcome.
- Exceptional analytical and project management skills, including the development and implementation of advanced data‑driven QA processes.
- Excellent communication skills, both verbally and in writing, to stakeholders across multiple disciplines.
- Experience in facilitating high‑level risk meetings with senior leadership, including Board members.
Salary & Benefits
- Competitive Starting Salary with an annual discretionary bonus.
- Hybrid working: 4 days in the London office, 1 day working from home per week.
- Dedicated Mentorship: Learn directly from experienced managers who are invested in your success.
- Cutting‑Edge Technology: Leverage state‑of‑the‑art tailor‑made tools and systems.
- Clear, Accelerated Career Progression: Defined pathways to leadership and specialist roles.
- Dynamic & Supportive Culture: Work in a collaborative environment prioritising teamwork and personal growth.
- Generous Benefits Package: Access competitive benefits tailored to your location, typically including healthcare and social benefits.
- Central Office: A fantastic location with excellent transport links.
McGregor Boyall is an equal opportunity employer and does not discriminate on any grounds.
Global Head of Financial Crime Quality Assurance in London employer: McGregor Recruitment
As a global FinTech organisation based in London, we pride ourselves on fostering a collaborative and inclusive work culture that empowers our employees to thrive. With a commitment to professional growth, we offer dedicated mentorship, clear career progression pathways, and access to cutting-edge technology, all within a dynamic environment that prioritises teamwork and innovation. Our central office location boasts excellent transport links, making it an ideal place for ambitious professionals looking to make a meaningful impact in the financial crime sector.
StudySmarter Expert Advice🤫
We think this is how you could land Global Head of Financial Crime Quality Assurance in London
✨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 McGregor Recruitment. 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 Global Head of Financial Crime Quality Assurance in London
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 McGregor Recruitment.
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 McGregor Recruitment'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 McGregor Recruitment
✨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 McGregor Recruitment.
✨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 McGregor Recruitment 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 McGregor Recruitment 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.
