Financial Crime QA Manager

Job Responsibilities

  • Lead the design and execution of a first-line Quality Assurance (QA) framework across core financial crime processes including onboarding, transaction monitoring, sanctions screening, and ongoing due diligence.
  • Conduct independent reviews of case handling and decision-making to assess control effectiveness, consistency, and alignment with internal policies and regulatory expectations.
  • Deliver a tiered QA model — incorporating real-time reviews for high-risk clients and retrospective sampling for lower-risk activity — to drive timely feedback and reduce approval bottlenecks.
  • Identify knowledge gaps, procedural weaknesses, and control design failures, and feed structured insights into operational teams, training functions, and policy updates.
  • Partner with 1LOD teams (e.g. Client Onboarding, CDD, Screening, TM, Fraud Ops) and 2LOD Compliance to ensure QA findings support uplift of controls, training, and procedural guidance.
  • Develop and maintain a centralised QA MI suite, enabling visibility of key trends, recurring issues, and control performance across teams and client segments.
  • Act as a key contributor to audit and regulatory readiness by maintaining well-evidenced QA outputs and tracking remediation of findings.
  • Drive continuous improvement in operational quality and assurance maturity, supporting a high-performance culture and robust financial crime governance.
  • Support the assessment and enhancement of QA tooling, sampling methodologies, and feedback mechanisms to ensure the framework remains scalable and risk-aligned.

Job Requirements

  • Proven experience in financial crime quality assurance/control within a regulated banking or financial services environment.
  • Strong knowledge of UK AML/CTF, sanctions, and fraud regulations, and familiarity with regulatory expectations from the FCA, PRA, and JMLSG.
  • Experience overseeing financial crime controls for high-risk client segments such as NBFIs, MSBs, FX brokers, and crypto firms.
  • Deep understanding of clients’ financial crime control frameworks, including onboarding, transaction monitoring, sanctions screening, and MI reporting.
  • Strong working knowledge of the three lines of defence model, with demonstrated effectiveness operating within the First Line of Defence (1LOD).
  • Ability to develop and implement standardised frameworks for client oversight, including ongoing due diligence and MI collection.
  • Proficiency with financial crime technology platforms (e.g. ComplyAdvantage, LexisNexis, Dun & Bradstreet) and experience using data to drive risk-based decisions.
  • Demonstrated ability to lead through change, including tooling enhancements, control remediation, or framework improvements.
  • Excellent communication and documentation skills, with a focus on analytical thinking, clarity of risk articulation, and senior stakeholder engagement.

Benefits

  • Competitive salary package
  • 25 days annual leave plus Bank Holidays
  • Holiday allowance that increases with length of service
  • Enhanced company pension offering (up to 20% salary sacrifice)
  • Competitive sick pay
  • Life Assurance - 4x annual salary
  • Private Medical Insurance with comprehensive cover for you and your family
  • 24/7 GP service and private prescription ordering
  • Virtual physiotherapy for muscles, bones and joint care
  • Digital counselling and virtual mental health support
  • 24/7 confidential Employee Assistance Programme
  • Digital gym and guided meditation classes
  • Discounted gym memberships
  • Annual eye care test and contribution towards glasses
  • Market leading parental leave
  • Neonatal support
  • Partner support for antenatal appointments
  • KIT days and structured support when returning to work
  • Flexible working (subject to agreement)
  • Fresh daily fruit and snacks
  • Bi-weekly office breakfasts
  • Peer-to-peer recognition programme with monthly value awards
  • Clear goals and performance development framework

Diversity

Bank of London is an equal opportunity employer committed to inclusion, diversity and belonging. All qualified applicants are welcome and will receive consideration for employment without regard to race, colour, age, disability, religion or religious expression, sex, sexual orientation, gender or gender identity and expression, transgender, national origin, or military veteran status.

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