Lead Associate – Financial Crime Market Intervention

Requirements of the role

The Financial Crime Market Interventions Department provides the dedicated specialist resource and expertise to help the FCA meet its financial crime responsibilities, as part of the FCA’s wider objective on integrity and as part of its strategic focus on financial crime.

The department is comprised of four Financial Crime Supervision teams, a Sanctions Supervision Team, a Financial Crime Public Commitment Strategy and Delivery Team and a Financial Crime Risk, Data & Strategy Team (RDS). Working together with others inside and outside the FCA, we deal with issues involving money laundering, financial sanctions, bribery and corruption, and fraud or dishonesty. The Financial Crime Market Interventions Department does not cover market abuse.

What you will be doing (the role)

This role sits in one of the Financial Crime Market Intervention Department’s AML Supervision teams. The team focuses on the effectiveness of firms’ AML systems and controls. This is undertaken through a range of supervisory work including assessments, visits, and interventions on regulated firms. We work closely with the supervision teams for each financial services sector as well as external partners to assess firms’ compliance with relevant rules, laws and guidance.

As a lead supervisor, you will be responsible for overseeing the casework of staff, ensuring that the objectives of the department are delivered through their activities. You will also be responsible for ensuring the delivery of high-profile work assigned to them.

You will work with a variety of internal and external stakeholders on AML matters to ensure that they are kept informed and engaged as appropriate. In addition, you will manage your own personal caseload and be involved in the relationship-management of major firms. You will be expected to make appropriate judgements on regulatory actions following supervisory assessments.

Our lead supervisors are expected to oversee, coordinate and monitor caseloads, and provide advice, guidance, coaching, and feedback to team members.

You will report to a Financial Crime Market Intervention Department Manager.

This role is classified as a Lead Associate.

View on member website