A leading international financial institution who are seeking a contractor for a 2nd Line Financial Crime Compliance position. This will run till the end of 2026 and could be extended, with a rate up to the £450 a day mark.
This is a genuine 2nd Line role, and candidates should have demonstrable experience operating within a 2LOD Financial Crime Compliance environment. Experience solely within 1st Line KYC/CDD or client onboarding will not be sufficient.
Key responsibilities:
- Conducting 2nd Line Financial Crime Compliance reviews of corporate and institutional clients.
- Performing periodic and risk-based reviews across AML, KYC and Customer Due Diligence.
- Reviewing and challenging client files, documentation and risk assessments.
- Identifying information gaps, weaknesses or inconsistencies and ensuring these are appropriately addressed.
- Providing effective 2nd Line challenge and oversight of client due diligence activity.
- Assessing client risk in line with regulatory expectations and internal Financial Crime policies.
- Escalating material issues and higher-risk cases where appropriate.
- Managing a high volume of reviews whilst maintaining quality and meeting agreed deadlines.
- Working independently and using sound judgement when assessing client risk.
- Engaging with relevant stakeholders to resolve outstanding issues and progress reviews.
Key experience required:
- Proven 2nd Line Financial Crime Compliance experience.
- Strong knowledge of AML, KYC and CDD requirements.
- Direct experience conducting or overseeing corporate and/or institutional client reviews.
- Experience performing periodic / ongoing CDD reviews within a regulated financial services environment.
- Strong understanding of risk-based approaches to client due diligence and Financial Crime Compliance.
- Experience providing challenge, oversight or review of 1st Line activity.
- Strong analytical and investigative skills, with excellent attention to detail.
- Ability to manage a high volume of reviews independently and to tight deadlines.
- Strong written communication and stakeholder management skills.
Key requirement:
Candidates must have credible 2nd Line Financial Crime Compliance experience, ideally combined with hands-on experience reviewing corporate or institutional client files. Candidates whose experience is predominantly 1st Line KYC, onboarding or remediation are unlikely to be suitable for this position.