Financial Crime Risk Manager – 2nd Line of Defense (Wealth Management)

About the role

The Financial Crime Risk Manager will lead the 2nd line of defence for a growing wealth management firm in the UK. You will be responsible for identifying, assessing and mitigating financial crime risks across the organisation.

Key responsibilities

• Develop and maintain financial crime policies and procedures aligned with regulatory requirements.
• Conduct risk assessments to pinpoint potential AML and fraud risks and propose mitigation actions.
• Oversee anti‑money laundering and fraud prevention programmes, ensuring effective implementation.
• Monitor, investigate and report suspicious activity to the appropriate authorities.
• Provide training and guidance to staff on financial crime prevention and compliance.
• Collaborate with internal and external stakeholders to embed best‑practice risk and compliance processes.
• Carry out internal audits and investigations related to financial crime incidents.
• Stay current on regulatory changes and adjust policies accordingly.

Required profile

• Strong background in risk and compliance within the financial services sector.
• Demonstrated expertise in AML, fraud detection and financial crime prevention.
• Ability to interpret and apply complex regulatory requirements.
• Excellent analytical, problem‑solving and communication skills.
• Relevant qualification in compliance, risk management or financial crime prevention is advantageous.

Required skills

What we offer

• Competitive salary ranging from £54,000 to £66,000 per annum.
• Pension scheme, health insurance and performance‑based bonus.
• Opportunities for professional development and career progression.
• Permanent role based in the heart of London.