At a Glance
- Tasks: Lead the development of a robust Financial Crime Risk Assessment Framework.
- Company: Join a leading UK Investment Management firm with a focus on compliance.
- Benefits: Competitive salary, bonus, hybrid work, and comprehensive benefits.
- Other info: Collaborative environment with opportunities for professional growth.
- Why this job: Make a real impact in financial crime risk management and compliance.
- Qualifications: Experience in Financial Crime Compliance and strong analytical skills required.
The predicted salary is between 70000 - 85000 £ per year.
Rev & Regs are recruiting for a newly created vacancy on behalf of a leading UK Investment Management business.
Role Overview: The Financial Crime Compliance Risk Assessment Manager is responsible for developing, implementing and maintaining the Financial Crime Risk Assessment Framework. The role ensures the framework provides a robust, data-driven assessment of exposure to financial crime risks, including money laundering, terrorist financing, sanctions, bribery and corruption, fraud and tax evasion facilitation. Working closely with stakeholders across the business and external advisers, the role supports regulatory compliance, informs risk appetite and strengthens the overall financial crime risk management framework.
Key Responsibilities:
- Lead the enhancement and ongoing maintenance of the Business-Wide Financial Crime Risk Assessment methodology.
- Develop and maintain the financial crime risk and controls framework, including inherent and residual risk assessments.
- Review and refine risk categories, scoring methodologies, controls and risk indicators.
- Ensure alignment with regulatory requirements, industry best practice and emerging financial crime risks.
- Produce management information and reporting for senior management, governance committees and the Board.
- Support regulatory reviews, audits and independent assurance activities.
- Maintain robust governance, documentation, quality assurance and framework testing.
- Collaborate with First, Second and Third Line teams and external advisers to drive continuous improvement and provide subject matter expertise.
Required Experience:
- Significant experience in Financial Crime Compliance, AML, Risk or Regulatory Compliance within a regulated financial services environment.
- Proven experience developing or enhancing financial crime risk assessment methodologies or Business-Wide Risk Assessments.
- Strong knowledge of AML, CTF, sanctions and wider financial crime risks, with experience designing risk-based control frameworks.
- Excellent analytical, stakeholder management and report-writing skills.
- Experience in Wealth Management, Private Banking, Asset Management or Trust Services is desirable.
- Professional qualification such as ICA, CISI, IRM or an equivalent financial crime or risk management certification is advantageous.
Salary: competitive market salary plus bonus plus benefits
Location: Hybrid (2 days per week in City of London office)
Financial Crime Risk Assessment Manager in London employer: Rev & Regs
Rev & Regs is an exceptional employer, offering a dynamic work environment in the heart of the City of London. With a strong focus on employee growth and development, we provide comprehensive training and support for our team members, ensuring they stay at the forefront of tax compliance and operational excellence. Our hybrid working model promotes a healthy work-life balance, while our commitment to innovation and collaboration fosters a culture where every voice is valued and impactful.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Crime 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
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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. 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 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.
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'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
✨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.
✨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 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 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.
