Financial Crime Associate

Role overview

Location and working pattern

• The role uses hybrid working with a minimum of three days per week in the Leeds office.

Core responsibilities

• Support the Compliance strategy, plan, policies, and financial crime culture.
• Develop and implement the Financial Crime strategy and framework and support stakeholder engagement.
• Complete financial crime and client risk assessments.
• Undertake customer due diligence for new and existing clients under FCA requirements, Money Laundering Regulations, JMLSG guidance, and other regulations.
• Advise the first line of defence on financial crime matters.
• Monitor financial crime controls and recommend improvements.
• Investigate financial crime incidents and draft reports for Compliance management.
• Participate in audits, inspections, and law enforcement enquiries.
• Develop and deliver financial crime prevention training and awareness programmes.
• Prepare financial crime risk and compliance reports for senior governance bodies.
• Monitor regulatory developments, industry best practices, and horizon-scanning results.
• Train and mentor new colleagues and collaborate across the three lines of defence.

Knowledge, skills and experience

• Substantial experience in a financial crime function is required, preferably in regulated financial services.
• Experience conducting financial crime risk assessments and investigations is required.
• Stakeholder management experience is required.
• Investment banking or infrastructure finance experience is desirable.
• Public sector regulation or government experience is advantageous but not essential.
• Degree-level education is required.
• Strong understanding of UK financial crime requirements is required.