b Overview /b p In this role, you lead second-line financial crime oversight for Schroders Wealth Management, guiding advisory, challenge and governance across AML, sanctions, fraud and related risk areas. You’ll ensure alignment with the group framework and provide effective escalation of material issues. You work with cross-functional teams to uphold regulatory expectations and strengthen controls. This is a chance to shape financial crime oversight for a major wealth business, contributing to prudent risk management and governance. /p b Pay / Benefits /b ul li flexible working arrangements /li li equal opportunities employer /li li accommodations for neurodiversity or health needs /li /ul b Responsibilities /b ul li Provide ongoing financial crime advice and guidance to the business, manage queries and escalation channels /li li Triangulate issues by severity and define ownership, deadlines and escalation routes /li li Review and escalate significant financial crime matters including fraud, sanctions and high-risk indicators /li li Document issue reports with root cause, KRI impacts and remediation approaches /li li Oversee high-risk client relationships, onboarding, trigger events and annual reviews /li li Challenge inputs and approvals for high-risk client matters ensuring consistency with policy and risk appetite /li li Support development of risk-based escalation criteria for high-risk client matters /li li Support annual, ad hoc and periodic regulatory reporting and submissions /li li Assist with information gathering for regulatory reports, inquiries and attestations /li li Maintain Financial Crime framework across key risk types and align activity with policy standards /li li Review first-line procedures for alignment with policies and regulatory expectations /li li Maintain policy inventories, ownership and review cycles /li li Contribute to second-line assurance of first-line controls through thematic reviews and risk assessments /li li Define risk-based financial crime oversight plan covering AML, sanctions, fraud and related risks /li li Produce dashboards and governance materials with trends, KPIs and remediation status /li li Provide risk-based commentary on themes, incidents and emerging risks for governance forums /li li Support annual financial crime risk assessments and update risk mapping for Wealth Management /li li Design and deliver targeted financial crime training for Wealth Management audiences /li li Update induction and role-based training; track attendance and escalate non-completion /li li Issue learning briefings following incidents or regulatory updates /li li Support awareness and governance around financial crime risks across the business /li /ul b Key requirements /b ul li Strong understanding of financial crime risks in Wealth Management (AML, CTF, sanctions, fraud, bribery, tax evasion, proliferation financing) /li li Experience in second-line compliance, advisory, oversight, assurance or monitoring /li li Ability to challenge first-line teams while maintaining constructive stakeholder relationships /li li Experience preparing MI for Boards, committees or senior management with risk-based commentary /li li Familiarity with client due diligence, enhanced due diligence, PEPs and sanctions screening processes /li li Experience supporting regulatory reporting, risk assessments or training delivery /li li unknown education level or degree requirements /li /ul ul li excellent stakeholder management /li li strong communication and advisory capabilities /li li ability to provide practical, risk-based challenge /li li AML/CTF /li li sanctions screening /li li fraud risk management /li /ul
Head of Financial Crime Oversight, Wealth Management employer: Schroders
Schroders Wealth Management is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. Employees benefit from a strong commitment to professional development, a culture that prioritises risk management excellence, and the opportunity to make a meaningful impact on client outcomes while ensuring compliance with regulatory standards. With a focus on fostering a supportive atmosphere, Schroders empowers its team members to grow and excel in their careers.
