Financial Crime Officer-Investigations

dnevo Partners; England; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading financial institution in London is seeking an experienced Financial Crime specialist. This role involves overseeing Anti-Money Laundering (AML) and Counter Terrorist Financing (CTF) policies, investigating suspicious activities, and ensuring compliance with regulatory requirements. Candidates should have extensive experience in AML/CTF and possess relevant qualifications. The position offers a full-time opportunity at a mid-senior level, ensuring internal mobility and collaboration within the firm.

Qualifications

• Extensive experience in AML/CTF, ABC, and Sanctions within a UK‑regulated financial institution.
• Strong communication skills, capable of engaging effectively at all levels.
• Possession of relevant professional qualifications in the industry.

Responsibilities

• Investigate referrals to Financial Crime for potential suspicious activities.
• Oversee AML, CTF, and Sanctions policies and deliver advice to the business.
• Monitor regulatory changes related to AML, CTF, PEPs, Sanctions, and Fraud.

Skills

AML/CTF experience

Fraud analysis

Strong communication skills

Interpret regulatory requirements

Education

ICA Diploma in Financial Crime

Job description

Base Pay Range

Direct message the job poster from dnevo Partners

Enabling organisations to overcome Compliance, Risk & Reg. challenges

Our client, a distinctive City of London based Bank is seeking to hire an experienced Financial Crime specialist to join this fantastic team. The Bank prides itself on combining a flat structure with a focus on internal mobility. If you can bring an entrepreneurial spirit and a desire to learn and collaborate to your work, this could be the role for you!

Team Description

The Financial Crime team forms part of the Firm's second line of defence and oversees all aspects of financial crime management, including Anti‑Money Laundering (AML), Counter Terrorist Financing (CTF), Anti‑Bribery and Corruption (ABC), Sanctions and Fraud for The Bank.

The team's primary responsibilities include:

• Establishing a robust framework to prevent, detect, investigate, and report financial crime risks.
• Ensuring comprehensive financial crime policies and procedures are maintained and embedded within the business, in line with legal and regulatory requirements.
• Supporting the business in implementing effective systems and controls to manage financial crime risks.
• Ensuring all relevant staff receive appropriate financial crime training.
• Providing financial crime‑related management information to Senior Management, highlighting relevant risks as needed.
• Positioning the team as a trusted control function dedicated to protecting the Firm from financial crime risks.

Description of the role and key responsibilities:

• Swiftly investigate referrals to Financial Crime from the business update concerning potential suspicious activities, high‑risk payments, Fraud and confirmed sanctions matches.
• Oversee and the AML, CTF, and Sanctions policies, along with all pertinent PEP procedures, while delivering advice to the business and relevant stakeholders on implementing these policies and procedures to reduce the Firm's Financial Crime exposure.
• Supervise and sustain all applicable training initiatives from an AML, CTF, PEP, Sanctions and Fraud viewpoint to fulfil the training requirements of the Business and other stakeholders effectively.
• Monitor regulatory and legislative changes, as well as industry best practices, related to AML, CTF, PEPs, Sanctions and Fraud; recommend or integrate essential improvements into the Firm's financial crime framework.
• Evaluate and authorise all relevant financial crime risk assessments from an AML, CTF, PEP, Sanctions and Fraud perspective in conjunction with other relevant stakeholders (i.e. Assurance).
• Advise on relevant PEP, Sanctions and Fraud tools to guarantee adherence to mandatory screening protocols and suggest or implement potential upgrades to the monitoring frameworks, working with other stakeholders (e.g., Analytics).
• Develop and maintain effective relationships throughout the Firm on behalf of the Financial Crime team.
• Support the ongoing evolution of the Financial Crime framework and contribute to shaping the team's strategic priorities.
• Ensure that reasonable requests for information from regulators and Law Enforcement Agencies are executed, e.g. FCA requests for information, thematic review participations, Court / Production Orders, Asset Freeze orders.
• Conduct Transaction Monitoring, including for pilot/new products.
• Actively probe external Financial Crime incidents to assess any possible implications for the Firm.
• Manage the Sensitive High Risk and Enhanced Monitoring client data set, including required reviews and reporting.
• Oversee the Clients of Interest process throughout the Group.

Core skills and knowledge:

• Extensive experience in AML/CTF, ABC, and Sanctions within a UK‑regulated financial institution. Experience in Fraud is highly desirable but not essential.
• Proficiency in interpreting regulatory requirements and aligning them with business objectives.
• Demonstrated experience in report writing.
• Strong communication skills, capable of engaging effectively at all levels and with diverse stakeholders.
• Possession of relevant professional qualifications in the industry (e.g., ICA Diploma in Financial Crime).
• Commitment to upholding integrity in all actions and embracing the principle of treating customers fairly.
• Robust work ethic with the ability to operate independently and take initiative.

Regulatory knowledge that currently apply:

• FCA Handbook
• UK Money Laundering Regulation
• Criminal Justice Act
• Terrorist Acts
• Proceeds of Crime Act (POCA)
• Joint Money Laundering Steering Group Guidance Notes
• Bribery Act

Seniority Level

Mid‑Senior level

Employment Type

Full‑time

Job Function

Finance