Financial Crime Control Tester
About the role
Our client, a leading bank, is seeking an experienced professional to support their Financial Crime Compliance Risk Assessment (FCRA). This role will sit within the second line of defence compliance function, focusing on control testing and assurance across key financial crime areas.
The successful candidate will conduct design and effectiveness testing of financial crime controls to ensure regulatory compliance and support the bank's annual risk assessment obligations.
Key responsibilities
Perform testing on 8-9 core financial crime controls, including:
- AML governance
- Training & awareness
- Policies & procedures
- Transaction monitoring
- Sanctions screening
- Other FCC programme controls
Assess both the design (policies, procedures, governance frameworks, reporting lines, system implementations) and operational effectiveness (sample testing, alert investigation, quality control) of controls.
Document findings, evaluate residual risks, and support reporting requirements as part of the annual FCRA process.
Collaborate with the compliance team to provide independent assurance to senior management.
Ensure timely delivery of the testing programme within the agreed project duration.
Requirements
- Strong knowledge of Financial Crime Compliance (AML, Sanctions, Transaction Monitoring, KYC, Governance, Training, etc.).
- Experience in control testing, QA, or compliance monitoring within a second line of defence function.
- Background in banking or financial services.
- Ability to independently assess policies, procedures, and operational processes.
- Strong analytical, documentation, and communication skills.
- Available to start immediately and commit to a 2-month assignment.
Nice to have
- Previous experience with annual Financial Crime Risk Assessments.
- Knowledge of regulatory requirements in the Middle East or EU markets.