Senior Money Remitters Associate in London

Division: Payments & Digital Assets – Department: Money Remitters

Responsibilities

• Develop a solid understanding of money remittance business models, including domestic and cross‑border payment flows, agent networks, and reliance on third parties.
• Assess risks to consumers and the integrity of the financial system, including financial crime, safeguarding and operational risks.
• Lead or contribute to supervisory assessments, firm engagements and investigations to assess compliance with regulatory requirements.
• Use evidence and judgement to determine when firms are not meeting expectations, pressuring senior management to take action, including escalation or regulatory measures where necessary.
• Collaborate with FCA colleagues and external partners such as HMRC and law enforcement, sharing intelligence and contributing to joint activity.
• Manage multiple cases and pieces of work simultaneously, ensuring timely and high‑quality outcomes in a dynamic environment.
• Assess how firms operate in practice, examining business models and the effectiveness of systems and controls.

Qualifications

• Minimum: Experience analysing complex information and making sound, evidence‑based, risk‑focused judgements. Demonstrated written and verbal communication skills, including ability to engage effectively with senior stakeholders. Experience managing a varied and high‑volume workload, prioritising effectively and meeting tight deadlines while maintaining quality.
• Essential: Experience of investigations, supervision, enforcement or other structured problem‑solving casework. Well‑developed interpersonal skills, including the ability to question, influence and explain decisions clearly, orally and in writing. Understanding of, or keen interest in, financial crime risks, particularly AML, terrorist financing or fraud within payments or financial services. Ability to assess how firms’ systems, controls and governance operate in practice and whether they are effective. Confidence working in fast‑paced, high‑pressure environments, managing competing priorities while maintaining attention to detail. Demonstrated experience working effectively as part of a team, proactively supporting colleagues and contributing to shared outcomes. Experience in payments, AML supervision, law enforcement, compliance or regulatory environments is particularly relevant, but not essential if transferable skills are strong.

Benefits

• 25 days annual leave plus bank holidays.
• 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.
• Hybrid model: minimum 40% office each month (50% for senior leaders); from September, minimum 50% office each month (60% for Directors and Executive Directors).
• A flexible benefits scheme designed around your lifestyle.

Equal Opportunities

We are committed to fostering a diverse and inclusive culture, free from discrimination and bias. Variety of working styles and flexible solutions are encouraged, including part‑time and job‑sharing where applicable. Disability confident: applicants with disabilities and long‑term conditions who best meet the minimum criteria will be considered for the next stage of the recruitment process.