At a Glance
- Tasks: Lead the development and implementation of financial crime risk assessment frameworks.
- Company: Dynamic investment and wealth management firm in London.
- Benefits: Competitive salary, hybrid work model, and opportunities for professional growth.
- Other info: Join a respected firm with a collaborative culture and excellent career advancement potential.
- Why this job: Make a real impact in combating financial crime while working with industry experts.
- Qualifications: Significant experience in Financial Crime Compliance and risk assessment methodologies.
The predicted salary is between 80000 - 100000 £ per year.
Rev & Regs are seeking a Financial Crime Compliance Risk Assessment Manager to work for a dynamic and well-respected investment and wealth management firm in London.
The Financial Crime Compliance Risk Assessment Manager will lead the development, enhancement, implementation and ongoing maintenance of the firm's Financial Crime Risk Assessment Framework, ensuring that it delivers a comprehensive, data-driven and risk-based assessment of the firm's exposure to Money Laundering, Terrorist Financing, Proliferation Financing, Sanctions, Bribery & Corruption, Tax Evasion Facilitation, Fraud and other applicable financial crime risks.
Responsibilities
- Lead the review and enhancement of the firm's Business-Wide Financial Crime Risk Assessment methodology.
- Assess and refine risk categories, risk factors, scoring models, weightings and risk indicators.
- Ensure the methodology provides a balanced assessment using both quantitative and qualitative measures.
- Maintain alignment with regulatory expectations, industry guidance and emerging financial crime threats.
- Work collaboratively with First, Second and Third Line teams to gather input, challenge assumptions and drive continuous improvement.
- Develop and maintain a comprehensive financial crime risk and controls framework.
- Identify, assess and document inherent financial crime risks across customers, products, services, transactions, jurisdictions and delivery channels.
- Support the assessment and reporting of residual risk and identification of control enhancement opportunities.
- Design and implement quality assurance and effectiveness testing processes for the risk assessment framework.
- Support regulatory reviews, audits and independent assurance activities.
- Ensure frameworks, methodologies and supporting documentation remain current and appropriately governed.
- Engage with external advisers and industry bodies to identify evolving regulatory expectations and best practice.
- Facilitate workshops and provide expert advice on financial crime risk assessment matters.
Experience
- Significant experience within Financial Crime Compliance, AML, Risk or Regulatory Compliance is essential.
- Experience developing or enhancing Business-Wide Risk Assessments or financial crime risk methodologies is essential.
- Experience within Wealth Management, Private Banking, Asset Management or Trust Services is desirable.
- Strong understanding of AML, CTF, sanctions and broader financial crime risks.
- Experience assessing control effectiveness and developing risk-based frameworks.
- Experience designing risk scoring, weighting or risk quantification methodologies.
- Experience developing risk and control libraries and governance frameworks.
- Professional qualification such as ICA, CISI, IRM or equivalent financial crime or risk management certification is desirable.
Financial Crime Compliance Risk Assessment Manager in London employer: REV & REGS LIMITED Careers
Join a dynamic and well-respected investment and wealth management firm in London, where you will play a pivotal role in shaping the Financial Crime Risk Assessment Framework. With a strong commitment to employee development, a collaborative work culture, and the opportunity to engage with industry leaders, this position offers not just a job, but a meaningful career path in a thriving environment. Enjoy the benefits of hybrid working, competitive salary, and the chance to make a significant impact in the financial crime compliance landscape.
Contact Details:
REV & REGS LIMITED Careers Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Financial Crime Compliance Risk Assessment Manager 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 REV & REGS LIMITED Careers. 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 Financial Crime Compliance Risk Assessment Manager 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 REV & REGS LIMITED Careers.
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 REV & REGS LIMITED Careers'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 REV & REGS LIMITED Careers
✨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 REV & REGS LIMITED Careers.
✨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 REV & REGS LIMITED Careers 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 REV & REGS LIMITED Careers 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.
