Financial Crime Risk & Controls Manager - Investment Banking

Summary: Financial Crime Risk/Controls Manager position at a leading investment bank in Canary Wharf, focusing on sustainable financial crime risk management within the Services business. The role involves overseeing financial crime processes, ensuring compliance, and collaborating with various stakeholders. This senior position requires extensive experience in financial crime compliance and risk management. The role is classified as inside IR35 and requires three days a week on-site work.

Key Responsibilities:

• Develop deep understanding of products, services, and related financial crime controls, including screening processes.
• Provide subject matter expertise to ensure a coherent, effective financial crime control environment.
• Assess the existing control framework, identify gaps, and drive remediation.
• Ensure compliance with applicable laws, regulations, and internal policies.
• Map risks, processes, and control ownership clearly and accurately.
• Build strong partnerships with business leaders, operations, technology, and second line teams.
• Escalate and support management of control issues, including root cause analysis and sustainable resolution.
• Promote a consistent, holistic approach to financial crime risk management across the Services business.
• Engage early on new business initiatives to ensure alignment with risk management requirements.
• Review financial crime processes and procedures to confirm adherence to policy and business expectations.
• Ensure controls are implemented consistently and supported by appropriate documentation.
• Stay current on regulatory developments, product innovation, and client needs to assess impacts on the control environment.

Key Skills:

• Bachelor's degree required; master's preferred.
• 15+ years of experience in financial crime compliance or risk management.
• Professional certifications (eg, ACAMS, ACSS) preferred.
• Strong background in AML, sanctions, or financial crime risk within financial services.
• Knowledge of payments, correspondent banking, trade, working capital, and liquidity products.
• Excellent communication and interpersonal skills, with the ability to influence senior stakeholders.
• Proven ability to challenge constructively and drive change.
• Strong project management and team leadership capabilities.
• Ability to work independently, manage multiple priorities, and meet tight deadlines.
• Strong analytical and problem-solving skills, with the ability to assess and improve processes and controls.

Salary (Rate): £630 per day

City: London

Country: UK

Working Arrangements: on-site

IR35 Status: inside IR35

Seniority Level: Senior

Industry: Finance

Detailed Description From Employer:

Financial Crime Risk/Controls Manager sought by leading investment bank based in Canary Wharf.

*Inside IR35 - 3 days a week on site*

Overview
This senior role sits within the first line Risk & Controls function and is responsible for driving effective, sustainable financial crime risk management across the Services business. The position oversees end-to-end financial crime processes, ensures strong control design and execution, and partners closely with global and regional stakeholders across Product, Business Risk, Operations, Technology, and Compliance.

Key Responsibilities

• Develop deep understanding of products, services, and related financial crime controls, including screening processes.
• Provide subject matter expertise to ensure a coherent, effective financial crime control environment.
• Assess the existing control framework, identify gaps, and drive remediation.
• Ensure compliance with applicable laws, regulations, and internal policies.
• Map risks, processes, and control ownership clearly and accurately.
• Build strong partnerships with business leaders, operations, technology, and second line teams.
• Escalate and support management of control issues, including root cause analysis and sustainable resolution.
• Promote a consistent, holistic approach to financial crime risk management across the Services business.
• Engage early on new business initiatives to ensure alignment with risk management requirements.
• Review financial crime processes and procedures to confirm adherence to policy and business expectations.
• Ensure controls are implemented consistently and supported by appropriate documentation.
• Stay current on regulatory developments, product innovation, and client needs to assess impacts on the control environment.

Qualifications & Skills

• Bachelor's degree required; master's preferred.
• 15+ years of experience in financial crime compliance or risk management.
• Professional certifications (eg, ACAMS, ACSS) preferred.
• Strong background in AML, sanctions, or financial crime risk within financial services.
• Knowledge of payments, correspondent banking, trade, working capital, and liquidity products.
• Excellent communication and interpersonal skills, with the ability to influence senior stakeholders.
• Proven ability to challenge constructively and drive change.
• Strong project management and team leadership capabilities.
• Ability to work independently, manage multiple priorities, and meet tight deadlines.
• Strong analytical and problem-solving skills, with the ability to assess and improve processes and controls.

Please apply within for further details or call

Alex Reeder

Harvey Nash Finance & Banking