Financial Crime Specialist Financial Crime Specialist …

in London, United Kingdom
Contract, Full time
Last application, 17 Sep 21
in London, United Kingdom
Contract, Full time
Last application, 17 Sep 21
As a Financial Crime Specialist you will carry out investigations across all businesses in relation to allegations of money laundering, sanctions, external and internal fraud, bribery and corruption, the facilitation of tax evasion, leaked information and market abuse (insider dealing and market manipulation, in accordance with the compliance team).

This role will also be responsible for the 2LoD oversight and sign off for high risk clients including high risk Politically Exposed Persons (PEPs) matches, sanctions matches and adverse media.

This is a fixed term contract for 12 months.

About the Role

The key tasks involve, but are not limited to the following:

  • Investigating allegations of financial crime issues, analysing all information available, undertaking root cause analysis, summarising findings, recommending and taking necessary action. Ensuring investigation work is thoroughly documented and completed in a timely manner.
  • Reviewing suspicious activity reports in order to determine whether a report should be made to the Financial Intelligence Unit, including referral to the Head of Financial Crime Investigations and/or the DMLRO for approval.
  • Reviewing screening matches referred from the 1LOD financial crime specialists for Politically Exposed Persons, Sanctions and adverse media.  Make appropriate recommendations for action and sign off.
  • Reviewing reports of adverse transaction monitoring received from the 1LOD financial crime specialists and make appropriate recommendations for action.
  • Communicating with potential victims of fraud to establish circumstances and additional information in order to provide a fair and logical decision, with supporting rationale.
  • Liaising with law enforcement, government bodies and other relevant external parties in relation to financial crime activities.
  • Processing external information requests and enquiries related to fraud issues.
  • Maintaining appropriate records relating to all investigations.
  • Assist with financial crime reporting and data as required by the Group Head of Financial Crime Investigations.
  • Assist with the management of the Financial Crime Investigations Mailbox.
  • Keeping up to date with changes in regulations, policies, procedures and practices.
  • Identifying opportunities for improvement to financial crime prevention practices, investigation processes, and making recommendations for change to the MLRO.
  • Embedding a positive culture of confident and proactive customer considerations, leading to informed risk taking through training, communication and of the agreed financial crime risk framework.
  • Building and maintaining relationships with other colleagues in industry, to promote networking and the sharing of best practice.
  • Attending periodic industry forums on financial crime related topics, to enhance knowledge and expand network.
  • Promoting the importance of robust financial crime controls, in order to meet legal and regulatory obligations.

About You

Attention to Detail     

  • Handles tasks with thoroughness and accuracy.  Recognises and resolves errors.


  • Communicates clearly, listens effectively. Written communication is concise and well presented, using appropriate grammar, style and language.


  • Has technical knowledge appropriate to the role, including relevant computer systems and keeps this knowledge up to date.

Time Management      

  • Effectively balances priorities to meet agreed deadlines for individual and teamwork. Demonstrates flexibility to adapt to changing business needs.


  • Acts as a resource to the team. Treats colleagues with professionalism and respect.

Decision Making           

  • Understands consequences of decisions and follows instructions. Acknowledges and learns from mistakes. 

Corporate Focus and Behaviour

  • Understands and applies current regulatory obligations and procedures to achieve compliance, including upholding TCF principles.  Willingness to learn.
  • Good operational knowledge of departmental processes.          
  • Develops basic knowledge of the industry and ensures individual work contributes to the success of the Company.
  • Demonstrates initiative and capability within the role and shows potential for future development. 

Client Focus (Internal and External) 

  • Assists the team in developing and maintaining appropriate internal and external business relationships, using the appropriate communication method. 
  • You'll also need experience in a financial crime prevention role.  Experience of the wealth management industry or financial services would be preferred.  
  • You'll need an understanding of the requirements of FCA/HMT regulations and guidance relating to financial crime.  As well as expertise in AML Regulation and guidance from JMLSG and jurisdictional risk relating to financial crime.


No matter what job you do you should feel valued and appreciated.  That's why we offer a competitive total reward package, which enables our employees to share in the success they help to create.

Core Benefits

Holiday:  26 days

Quilter Incentive Scheme: All employees are eligible to participate in our incentive scheme, based on the company's performance and their contribution to it

Pension Scheme:  10% non-contributory company pension scheme that can be boosted through personal contributions

Benefit Allowance:  A cash benefit allowance is payable in lieu of some of our core benefits.

In addition to our core benefits we offer a range of flexible benefits that you can choose from and pay for conveniently via a salary deduction.

About Us

Quilter is a leading provider of advice, investments and wealth management in the UK and internationally. Managing over £100 billion of investments on behalf of over 900,000 customers, we operate in one of the largest wealth markets in the world – and one that is growing.

Our promise

At Quilter, we're committed to creating an inclusive culture that embraces diversity. We promote equal opportunities and make sure no applicant receives less favourable treatment on the grounds of gender, marital status, nationality, ethnicity, age, sexual orientation, responsibilities for dependants, physical or mental disability. We select candidates for interview based purely on their skills, qualifications, experience and potential.

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