Financial Crime Risk Manager

Compliance Professionals; City Of London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A global fintech banking group is seeking a Financial Crime Risk Manager in London to oversee their Financial Crime Framework. The role requires solid expertise in UK AML/CTF regulations and collaboration across departments to ensure effective anti-financial crime controls. Ideal candidates should possess a deep understanding of fraud risk typologies and strong governance skills.

Qualifications

• Solid understanding of UK AML/CTF regulations.
• Working knowledge of FCA expectations under SYSC.
• Awareness of fraud risk typologies specific to SME lending.

Responsibilities

• Design and oversee the bank's Financial Crime Framework.
• Conduct enterprise-wide financial crime risk assessments.
• Collaborate with teams to embed AFC controls.

Skills

UK AML/CTF regulations

FCA expectations

Fraud risk typologies

Customer due diligence processes

Job description

Overview

THE COMPANY: Our global is a global fintech banking group who are looking for a Financial Crime Risk Manager to join the London business.

Responsibilities

• Design, maintain, and oversee the bank’s Financial Crime Framework, including policies and standards for AML, CTF, fraud prevention, sanctions, PEPs, and high-risk client typologies.
• Conduct and lead enterprise-wide and product-specific financial crime risk assessments (FC RAs) to identify and quantify residual risks across all customer segments.
• Provide effective oversight and challenge of 1LoD transaction monitoring, screening, and fraud operations, and assess the adequacy of alerts, tuning, and case outcomes.
• Collaborate with Product, Risk, Operations, and Technology teams to ensure anti-financial crime (AFC) controls are appropriately embedded in customer journeys and supported by scalable infrastructure.
• Review and support Suspicious Activity Report (SAR) submissions, maintain MI on trends, and liaise with external bodies such as the FCA and NCA as required.
• Track and interpret regulatory developments, guidance (e.g., JMLSG, FATF), and emerging typologies, and ensure that policies and procedures are reviewed and updated accordingly.
• Support the preparation of Board, ExCo, and Risk Committee materials, contributing to governance packs and risk MI relating to financial crime risk posture.
• Promote a culture of risk awareness, delivering training, 1LoD guidance, and supporting the upskilling of teams across the bank on financial crime responsibilities.

Experience/Qualifications

• Solid understanding of UK AML/CTF regulations, including the Proceeds of Crime Act (POCA), Money Laundering Regulations 2017, and OFSI sanctions guidance.
• Working knowledge of FCA expectations, especially under SYSC, JMLSG guidance, and relevant sections of the Consumer Duty.
• Awareness of fraud risk typologies, including those specific to SME lending, Retail banking, and BaaS models.
• Understanding of key processes such as customer due diligence (CDD), enhanced due diligence (EDD), sanctions screening, transaction monitoring, and suspicious activity reporting.

For further information please contact Duncan Jeffery