Managing Principal (Director) - Financial Crime Transformation (AML, Sanctions & Fraud)

About the role

Capco is expanding its Financial Crime Transformation capability and is looking for an experienced Managing Principal / Director to lead strategic initiatives across AML, Sanctions and Fraud. The role suits someone with deep domain expertise and a proven track record of delivering large-scale transformation programmes, working closely with senior stakeholders to design strategies that meet evolving financial crime risks and regulatory expectations. It is a hybrid position in London.

Key responsibilities

• Lead strategic financial crime transformation programmes across AML, Sanctions and Fraud, accelerating delivery through AI-enabled workflows and automation where appropriate.
• Advise clients on regulatory compliance, including remediation programmes and regulatory review responses such as Skilled Person Reviews (s166), applying AI responsibly in regulated environments.
• Design and implement target operating models, controls and technology solutions across financial crime functions, using AI-enabled capabilities that deliver measurable business value.
• Identify opportunities for innovation, AI adoption and cost optimisation while keeping strong governance, auditability and compliance.
• Build senior client relationships, lead business development and shape market-leading propositions for the Financial Crime practice.

Required profile

• Deep expertise in AML, Sanctions Compliance, Fraud Prevention and financial crime transformation within financial services.
• Proven experience leading large-scale transformation programmes in consulting or financial institutions.
• Demonstrated success influencing executive stakeholders, growing client relationships and leading strategic transformation initiatives.
• Bonus points: regulatory remediation experience, knowledge of RegTech and AI-enabled financial crime capabilities, leadership in proposition development, multi-jurisdictional transformation experience, and mentoring senior consultants.

Required skills

• Financial crime frameworks: KYC, customer due diligence, risk assessment, transaction monitoring and the three lines of defence.
• Knowledge of financial crime technology, automation and AI-enabled solutions, with an understanding of responsible AI adoption in highly regulated environments.

What we offer

• Discretionary bonus, pension, health, life and critical illness insurance.
• Mental health support and family-friendly leave, including maternity, adoption, shared parental and bereavement leave.
• Eight complimentary backup care sessions, five weeks of annual leave and online GP services.
• Minimum 40 hours of training per year, with a Business Coach from day one.
• Gympass, travel insurance, Tastecard, season ticket loans, Cycle to Work and dental insurance.