At a Glance
- Tasks: Lead financial crime compliance and enhance risk management strategies.
- Company: Join the National Wealth Fund, shaping the UK's financial future.
- Benefits: Competitive salary, hybrid working, and unique learning opportunities.
- Other info: Diverse and inclusive workplace with excellent career growth potential.
- Why this job: Make a real impact in a dynamic environment with cutting-edge technologies.
- Qualifications: Experience in financial crime and strong communication skills required.
The predicted salary is between 70000 - 80000 £ per year.
Shape the Future with the National Wealth Fund
At the National Wealth Fund, our mission is to swiftly and effectively mobilise trusted sector insights and investment expertise to unlock billions in private finance for projects across the United Kingdom.
Providing £27.8bn of capital and an expanded mandate, we are ready to help the market invest with confidence, continue to drive forward the Government's growth ambitions.
We are looking for skilled and results oriented individuals who are motivated to help us build the National Wealth Fund into an industry-leading institution.
Job Purpose
Location
Hybrid working with a minimum of 3 days per week in the Leeds office.
Salary
£70,000 - £80,000
Deadline to Apply
28th July 2026. Early submission is encouraged, and applications will be reviewed on an ongoing basis. Please submit a CV and covering letter.
Interview Process
Two stage interview process - Teams first interviews to take place w/c 10th & 17th August, second stage face to face interviews to take place w/c 24th August.
Role Purpose
The primary purpose of the Risk & Compliance function at the National Wealth Fund (NWF) is to embed an effective risk management framework which enables the risks to the Fund’s objectives to be managed in an agile and effective way.
The team fosters a risk-aware culture across the Fund and provide the necessary assurance that key risks are managed within the appetite set by the Board.
This role is for a Financial Crime Manager in the Risk & Compliance function, reporting to a Senior Financial Crime Manager.
The role holder will be responsible for the enhancement and oversight of the Fund’s financial crime compliance framework.
They will deliver an effective and proactive second line financial crime strategy and framework, underpinned by processes and controls that ensure compliance with relevant regulatory, financial, and operational requirements.
Additionally, the successful candidate will be responsible for the active management of financial crime risk in the existing portfolio and will undertake and oversee due diligence into the NWF’s pipeline of new transactions.
- Key Accountabilities
- Support the Senior Compliance Manager in delivering the Compliance strategy, compliance monitoring plan, and associated policies to drive, promote, and maintain a strong Compliance and Financial Crime culture within the business.
- Assist in developing, implementing and maintaining the NWF’s Financial Crime strategy and framework, proactively identifying opportunities for improvement, and working with key stakeholders across the Fund to embed the framework to ensure appropriate levels of compliance.
- Conduct comprehensive financial crime risk assessments and provide oversight and quality control of client risk assessments to identify and mitigate financial crime risks.
- Undertake and ensure that the customer due diligence requirements for new and existing clients are robust and in line with FCA requirements, Money Laundering Regulations, Joint Money Laundering Steering Group (JMLSG) guidance, and other relevant financial crime regulations, and remain fit for purpose.
- Provide expert advice and support to the first line of defence on financial crime matters to enable NWF to operate in line with all relevant regulatory and legislative requirements in relation to Financial Crime.
- Monitor and review the effectiveness of financial crime controls,
- recommending improvements where necessary.
- Undertake and / or assist in investigations into financial crime incidents and report findings to senior management.
- Participate in internal or external audits of the Risk and Compliance function, or the Fund as a whole, including inspections or enquiries from law enforcement agencies.
Work closely with audit teams to provide necessary documentation and address any findings.
- Develop and deliver training and awareness programs on financial crime prevention to colleagues.
- Prepare regular reports on financial crime risks and compliance to NWF’s Executive Committees, Board, and Board sub-committees.
- Stay up to date with the latest regulatory developments and industry best practices. Perform horizon scanning – reviewing updates and determining which are relevant to NWF.
- Oversee and mentor your direct report(s), if any, ensuring effective performance management and professional development.
- Work collaboratively within a high-performing team to deliver the function’s strategic risk and compliance framework, liaising across the 3LOD to deliver integrated assurance.
- Support senior management with interactions with regulatory bodies, law enforcement agencies, and other stakeholders as required.
- Key Experience, Knowledge & Skills Required
Experience
- Significant experience working in a financial crime function, preferably within a regulated financial services environment.
- Experience in developing and implementing financial crime frameworks.
- Experience in conducting risk assessments and investigations related to financial crime.
- Experience in managing teams and delivering to deadlines.
- Experience within investment banking and/or infrastructure finance is desirable.
- Experience of public sector regulation or working within government would be an advantage but not essential.
- A legal background would be an advantage but not essential.
- Knowledge
- Educated to degree level.
- Strong knowledge of the UK’s financial crime framework, including applicable laws, regulations, and industry guidance (e. g., sanctions, fraud, UK Bribery Act, Money Laundering Regulations, JMLSG guidance).
- Professional financial crime-related qualifications (eg ICA or CISI) are advantageous.
Skills
- Strong communication, listening, and writing skills.
- Ability to present to various audiences, including committees and senior management.
- Pragmatic and comfortable working with ambiguity.
- Strong attention to detail and well-organised; ability to prioritize, multi-task, and work well under pressure.
- Ability to think strategically while also focusing on details and execution.
- Strong problem-solving techniques, including the ability to identify, research, and resolve unfamiliar issues.
- Ability to collaborate across business lines and functions with a professional presence; proven ability to cultivate and maintain strong business relationships at all levels within the organisation.
A career with us offers a unique opportunity to make a lasting impact and work on cutting-edge technologies that will drive the UK’s future.
We value diversity in our people and inclusion is at the heart of what we do.
We offer competitive benefits and unique learning opportunities from combining both private and public sector skills and experience.
Please note, referencing and background checks are carried out for all roles here at the National Wealth Fund.
Manager - Financial Crime (12 month FTC) employer: UK National Wealth Fund
At the National Wealth Fund, we pride ourselves on being an exceptional employer that fosters a collaborative and inclusive work culture. Our commitment to employee growth is evident through unique learning opportunities that blend private and public sector expertise, empowering you to make a meaningful impact on the UK's future. With competitive benefits and a focus on driving national security and clean energy initiatives, joining our team means contributing to a mission that truly matters.
StudySmarter Expert Advice🤫
We think this is how you could land Manager - Financial Crime (12 month FTC)
✨Dive into Industry Groups
Join compliance and risk management groups on platforms like LinkedIn and Facebook. These communities often share temp job postings and insights. You’d be surprised at how many temporary gigs float around through word of mouth!
✨Showcase Your Expertise
Consider creating content on compliance topics that get you noticed—think LinkedIn articles or even a blog. This not only shows off your knowledge but can grab the attention of companies like UK National Wealth Fund when they’re searching for someone to fill a temporary position.
✨Tap into Recruitment Agencies
Reach out to recruitment agencies that specialise in compliance and risk roles. They’re usually in touch with companies looking to fill temporary roles, which can save us a lot of time in our job search.
✨Go Local with Networking
Attend local compliance and risk seminars or workshops. Meeting professionals in our area can open up temp opportunities, and it’s a great way to make your face known in the industry—plus, you might even meet someone from UK National Wealth Fund!
We think you need these skills to ace Manager - Financial Crime (12 month FTC)
Some tips for your application 🫡
Show Your Compliance Know-How:When you’re applying for a compliance-risk role like Manager - Financial Crime (12 month FTC), make sure to highlight your understanding of industry regulations and risk management principles. Mention any relevant coursework, certifications, or projects that showcase your expertise in these areas—it's what sets you apart!
Highlight Your Analytical Skills:In the compliance-risk field, strong analytical skills are essential. Talk about your experiences that required critical thinking and data analysis, whether in past roles, internships, or academic projects. Show us how you've identified risks and implemented solutions in the past.
Tailor Your CV for the Temporary Role:Since this is a temporary role, focus on your availability and flexibility in your CV. Highlight any previous short-term roles or projects that demonstrate your ability to adapt quickly and deliver results in a fast-paced environment. This helps employers see you as an easy fit in their team!
A Concise Cover Letter is Key:Keep your cover letter short and focused! Explain why you're interested in the compliance-risk area specifically for this temporary position at UK National Wealth Fund. Mention what you hope to learn and achieve, showing your enthusiasm and motivation to contribute positively during your time there.
How to prepare for a job interview at UK National Wealth Fund
✨Know Your Compliance Basics
Make sure you're clued up on the key compliance and risk regulations pertinent to the industry you're applying to. Understanding frameworks like GDPR or AML will not only impress but also show that you’re ready to hit the ground running in your temporary role at UK National Wealth Fund.
✨Prepare for Scenarios
Expect scenario-based questions that test your problem-solving skills. They might ask how you'd handle a specific compliance issue. Think through real situations you’ve encountered in past roles or study hypothetical cases to showcase your analytical skills and practical judgement during the interview.
✨Highlight Your Adaptability
Since this is a temporary position, emphasise your ability to adapt quickly to new environments and team dynamics. Share examples of how you’ve successfully adjusted to changes in past roles and how this flexibility can benefit UK National Wealth Fund in the short term.
✨Gather Your Technical Tools
Familiarise yourself with commonly used compliance tools or software, as they might come up in the interview. If you've used tools for risk assessments or compliance tracking, mention those and be ready to discuss how they can streamline processes at UK National Wealth Fund.
