Financial Crime Compliance & Commercial Risk

Financial Crime Compliance & Commercial Risk

City of London

Hybrid - 3 days in the office

Permanent

£75,000

WILLINGNESS TO TRAVEL INTERNATIONALLY IS A MUST FOR THIS ROLE. PLEASE DO NOT APPLY IF THIS IS NOT OF YOUR INTEREST. THIS ROLE ALSO REQUIRES FRNECH OR SPANISH LANGUAGE SKILLS - TO A CONVERSATIONAL LEVEL,

cer Financial are working alongside a bank who are based in the City of London. They are seeking a Financial Crime Compliance & Commercial Risk to work with them on a permanent basis.

The responsibilities will include:

Serve as the Assurance subject matter expert for Financial Crime Compliance (FCC), ensuring programmes align with regulatory requirements and industry best practice.

Conduct independent assurance reviews of 1st Line Operations, IT, Sales, and Trading to assess effectiveness of financial crime controls.

Support client selection and retention decisions in line with Financial Crime Risk Appetite and internal policies.

Perform Enhanced Client Risk Assessments (onsite and remote), including control evaluations, transaction analysis, and detailed risk-based reporting.

Provide expert guidance on financial crime matters, acting as an escalation point for ML, sanctions, bribery, corruption, and fraud concerns.

Monitor regulatory and industry developments to ensure FCC frameworks remain current and effective.

Deliver management information and present findings to senior management and governance forums.

Travel internationally to conduct onsite reviews and stakeholder engagement.

The candidate will have:

Preferred: Bachelor's Degree or equivalent; ICA and ACAMs qualifications or equivalent.

French and/or Spanish proficiency.

Willingness to conduct overseas business travel across emerging markets (at least 25%).

Previous audit or assurance experience (inhouse or via consultancy).

Broad financial crimes regulatory knowledge including international best practices for financial crime controls and correspondent banking.

Working knowledge of JMLSG, FCA and Wolfsberg guidance.

Desirable experience in correspondent banking, payments or mobile money products.

Previous financial services, law enforcement, legal, consultancy, government or regulatory experience.

Experience in client-facing projects; direct collaboration with prospective and existing clients, which may involve dealing with challenging situations.