Global Head of Financial Crime Quality Assurance

About the Company A global FinTech organisation based in London, specialising in helping ambitious businesses unlock global growth. Known for fostering a collaborative and inclusive environment, the company has been recognised for its rapid expansion and cutting-edge solutions in the fintech industry. Their mission is to empower both businesses and employees to succeed on a global scale.

Role Overview The Global Head of Financial Crime Quality Assurance will lead the second-line-of-defense function, ensuring rigorous, data-driven assessments of Financial Crime controls (AML/CFT, Sanctions). This pivotal role is essential for strengthening governance, minimising financial crime risks, and ensuring compliance with all applicable laws and regulations. You will enhance the Quality Assurance Framework by incorporating advanced data analytics processes and AI tools to drive effective coverage.

Key Responsibilities – Perform a comprehensive review of the existing framework, making recommendations to uplift practices. – Plan, execute, and monitor all phases of the Financial Crime Quality Assurance (FCQA) framework. – Manage and perform second-line-of-defense FCC QA assessments, including the design and operational effectiveness testing of key financial crime controls. – Oversee remediations and recommendation implementations, providing actionable feedback to the first and second line of defence. – Provide ongoing updates to relevant stakeholders, including all governance committees. – Perform event-driven and thematic reviews in areas of compliance as directed by the business. – Maintain and review the second-line-of-defense FCC QA review calendar, ensuring timely completion of reviews and communication of reports. – Lead the planning and scoping of FCC QA reviews, utilising advanced data analytics to select appropriate, risk-based control samples. – Report identified control issues and manage remediation plans to ensure completion and validation. – Coordinate the submission of financial crime control assessment reports to regulatory bodies as required.

Key Skills & Experience – Proven leadership experience managing a team of FC Quality Assurance specialists. – Extensive experience in Financial Crime Quality Assurance or Compliance testing within the finance industry, with specific knowledge of AML/CFT and Sanctions regulations. – A strong grasp of control frameworks and the 3 Lines of Defense model, particularly the second line's role. – Demonstrated experience with data-driven and/or AI tooling, leveraging analytics to provide insight and coverage beyond traditional sampling approaches. – Ability to interpret complex regulatory concepts, analyse control data, identify root causes, and develop effective solutions. – Experience in a Fintech environment is useful; banking experience is also welcome. – Exceptional analytical and project management skills, including the development and implementation of advanced data-driven QA processes. – Excellent communication skills, both verbally and in writing, to stakeholders across multiple disciplines. – Experience in facilitating high-level risk meetings with senior leadership, including Board members.

Salary & Benefits – Competitive Starting Salary with an annual discretionary bonus. – Hybrid working: 4 days in the London office, 1 day working from home per week. – Dedicated Mentorship: Learn directly from experienced managers who are invested in your success. – Cutting-Edge Technology: Leverage state-of-the-art tailor-made tools and systems. – Clear, Accelerated Career Progression: Defined pathways to leadership and specialist roles. – Dynamic & Supportive Culture: Work in a collaborative environment prioritising teamwork and personal growth. – Generous Benefits Package: Access competitive benefits tailored to your location, typically including healthcare and social benefits. – Central Office: A fantastic location with excellent transport links.

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McGregor Boyall is an equal opportunity employer and do not discriminate on any grounds.