At a Glance
- Tasks: Lead financial crime initiatives, audits, training, and compliance monitoring in a dynamic law firm.
- Company: Join a leading law firm in London, committed to excellence in financial crime compliance.
- Benefits: Enjoy a permanent role with opportunities for professional growth and development.
- Other info: Be part of a culture focused on continuous improvement and mentorship.
- Why this job: Make a real impact on global financial crime compliance while working in a supportive team environment.
- Qualifications: Proven management experience in compliance, particularly in AML and sanctions, is essential.
The predicted salary is between 43200 - 72000 £ per year.
RedLaw is partnering with a leading law firm seeking a Financial Crime Manager to join their London office on a permanent basis. The role will support global financial crime initiatives, including regulatory submissions, internal audits, training, policy development, and compliance monitoring. You'll work closely with the Head of Risk and Compliance and the Senior Financial Crime Manager to strengthen the firm’s global approach to financial crime compliance.
Key responsibilities include:
- Assisting with regulatory inspections and any required remedial actions.
- Reviewing risk assessments, horizon scanning, and maintaining the breaches log.
- Leading a team of Financial Crime Advisors, providing expert guidance on sanctions, financial crime, and regulatory matters across the group.
- Supporting the Head of Risk and Compliance, as well as the Senior Financial Crime Manager, in the rollout and implementation of the Group Compliance Financial Crime Framework.
- Keeping abreast of developments in AML/CTF, anti-bribery, financial crime, and sanctions legislation to ensure ongoing compliance and risk mitigation.
- Assisting the Senior Financial Crime Manager in mentoring and developing team members, fostering a culture of continuous improvement.
- Providing oversight and support for the preparation and submission of iSARs to MLROs across the firm.
- Acting as the primary escalation point for all queries from Financial Crime Advisors, ensuring consistent and effective issue resolution.
The ideal candidate will be a compliance professional with proven management experience in an international compliance function, with a strong focus on AML, sanctions, and broader financial crime matters, ideally within a law firm or, alternatively, the financial services sector. They will bring solid people management experience, practical expertise in applying a risk-based approach to compliance, and a strong working knowledge of sanctions regimes, PEPs, and other high-risk categories.
Please apply for full details!
Financial Crime Manager employer: RedLaw Recruitment
RedLaw is an exceptional employer, offering a dynamic work environment in the heart of London where you can make a significant impact on global financial crime compliance. With a strong emphasis on employee growth and development, you will have the opportunity to lead a team of Financial Crime Advisors while collaborating closely with senior management to shape the firm’s compliance strategies. The firm fosters a culture of continuous improvement and provides comprehensive training, ensuring that you stay at the forefront of regulatory developments in the financial crime landscape.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Crime Manager
✨Tip Number 1
Network with professionals in the financial crime and compliance sectors. Attend industry events, webinars, or local meetups to connect with individuals who may have insights into the role or the firm. Building these relationships can provide you with valuable information and potentially a referral.
✨Tip Number 2
Stay updated on the latest trends and regulations in financial crime compliance, particularly in AML and sanctions. Follow relevant news sources, join professional groups, and participate in discussions to demonstrate your knowledge during interviews and conversations with the hiring team.
✨Tip Number 3
Prepare to discuss your management experience and how you've successfully led teams in previous roles. Think of specific examples where you mentored team members or implemented compliance frameworks, as this will be crucial for the Financial Crime Manager position.
✨Tip Number 4
Familiarise yourself with the specific compliance challenges faced by law firms compared to other sectors. Understanding the nuances of legal compliance will help you articulate how your skills and experiences align with the firm's needs during interviews.
We think you need these skills to ace Financial Crime Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights relevant experience in financial crime compliance, particularly in AML and sanctions. Use specific examples that demonstrate your management skills and knowledge of regulatory frameworks.
Craft a Compelling Cover Letter:In your cover letter, express your enthusiasm for the role and the firm. Discuss how your background aligns with the responsibilities listed, such as leading teams and supporting compliance initiatives.
Highlight Relevant Skills:Emphasise your expertise in risk assessment, compliance monitoring, and team development. Mention any specific tools or methodologies you have used in previous roles that relate to financial crime management.
Showcase Continuous Learning:Mention any recent training or certifications related to financial crime, AML, or compliance. This demonstrates your commitment to staying updated on industry developments and best practices.
How to prepare for a job interview at RedLaw Recruitment
✨Understand Financial Crime Regulations
Make sure you have a solid grasp of the latest AML/CTF regulations and financial crime legislation. Being able to discuss recent developments and how they impact compliance will show your expertise and commitment to the role.
✨Demonstrate Leadership Skills
As a Financial Crime Manager, you'll be leading a team. Prepare examples of how you've successfully managed teams in the past, focusing on mentoring and developing team members. Highlight your ability to foster a culture of continuous improvement.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills in real-world scenarios. Think about past experiences where you had to resolve compliance issues or lead a project related to financial crime, and be ready to discuss your approach and outcomes.
✨Showcase Your Risk Assessment Knowledge
Be prepared to discuss your experience with risk assessments and how you apply a risk-based approach to compliance. This is crucial for the role, so having specific examples of how you've identified and mitigated risks will be beneficial.
