Anti-Money Laundering Supervisor (OPBAS) - #1786284

Anti Money Laundering Supervisor

Division – OPBAS, Fraud and Financial Crime Policy

Salary - National (Edinburgh and Leeds) ranging from £43,100 to £50,266 and London £47,300 to £55,166 per annum (Salary offered will be based on skills and experience)

About The FCA

The FCA regulates the conduct of 45,000 firms in the UK to ensure our financial markets are honest, fair and competitive. Follow this link to find out more About the FCA.

OPBAS (Office for Professional Body Anti-Money Laundering) was formed in February 2018 as part of the UK’s response to the threat of money laundering. Previous UK National Risk Assessments identified the legal and accountancy sectors as being particularly vulnerable to facilitating organised crime due to the credibility and respectability those sectors convey. OPBAS’s objectives are to reduce the harm of money laundering (and terrorist financing) by ensuring a robust and consistently high standard of professional body AML/CTF (counter-terrorist financing) supervision, and to facilitate information and intelligence sharing between professional body supervisors (PBSs), statutory supervisors, and law enforcement agencies.

What will you be doing?

• Lead or support relationships with PBSs including, with appropriate support, planning and running supervisory assessments, analysing findings, and making judgements about the effectiveness of their AML supervision
• Support other members of the team, including through participating in PBS visits and proactive engagement
• Clearly and credibly explain expectations to legal and accountancy supervisors
• Critically assess and evaluate information to form evidence-based judgements about progress against AML and CTF standards
• Build and maintain good relationships with internal and external stakeholders
• The role will include opportunities to get involved with other areas of the department’s work where capacity permits, for example policy development and project work
  
  

What will you get from the role?

• This is an opportunity to be part of a globally unique team driving up standards of AML supervision among Professional Body Supervisors for the legal and accountancy sectors in the UK
• The role will provide a unique opportunity to develop expertise in financial crime and to work with OPBAS (Office for Professional Body Anti-Money Laundering)
  
  

Which skills are required?

We are a Disability Confident Employer; therefore, disabled people or individuals with long-term conditions who best meet the minimum criteria for a role will go through to the next stage of the recruitment process. (To learn more about the Disability Confident Scheme Click Here)

Minimum

• Prior experience of complex stakeholder management
• Prior experience of using analytical skills to make complex evidence-based judgements and recommendations
  
  

Essential

• Good sense of judgement and personal accountability
• Ability to apply a risk-based approach to supervision and an understanding of key regulatory risks
• Strong communication skills - to build and maintain professional working relationships internally and externally
• Ability to influence and challenge constructively and deal with challenge
• Ability to demonstrate tenacity and flexibility
• Ability to manage competing tasks and issues, prioritising appropriately and escalating where necessary
• Working collaboratively as part of a team, valuing different perspectives and backgrounds, and working with others collaboratively, minimising silos
  
  

Our Values & Diversity

We are proud to be an inclusive employer and our ambition is to cultivate a culture for all employees that respects their individual strengths, views, and experiences. We believe that our differences and similarities enable us to be a better organisation – one that makes better decisions, drives innovation, and delivers better regulation.

Within the workplace you will have access to various employee resource groups which aim to promote and achieve a healthy work / life balance and support our diversity ambitions.

Did you know? 50% of our Executive Committee were the first in their family to attend university.

Benefits Of Working At The FCA

• 25 days holiday per year plus bank holidays
• Hybrid working (work from home up to 60% of your time)
• Private healthcare with Bupa 
• A non-contributory Pension of at least 8% of basic salary each month (there are several contribution levels that increase depending on your age – up to 12% a month once you reach age 35) 
• Life assurance of eight times your basic salary 
• Income protection 
  
  

 

We also have a competitive flexible benefits scheme which gives you the opportunity to create a personalised benefits package, tailored to suit your lifestyle.

We welcome applications from candidates who are looking for flexible arrangements.  Many of our staff work flexibly including working part-time, staggered hours, and job shares.  We can’t promise to give you exactly what you want but we can explore what might work best for both sides.

Follow this link to see what life is like at the FCA - Life at the FCA

Application Support

We are dedicated to removing barriers and ensuring our application process is accessible to everyone. We offer a range of adjustments to make your application experience as comfortable and straightforward as possible.

If you have an accessibility need, disability, or condition requiring changes to the recruitment process, please contact your recruiter using the details below and they will be happy to discuss this further with you.

Useful Information and Timeline

• Please note this role will be subject to achieving Security Check (SC) using the National Security Vetting system
• This role is graded as Associate - Regulatory
• Advert Closing Date: Tuesday 8th July- midnight
• CV Review/Shortlist: Thursday 10th July
• First Round Interview: W/C 14th July
  
  

Your Recruiter will discuss the process in detail with you during screening for the role, therefore, please make them aware if you are going to be unavailable for any date during this time.

Got a question?

If you are interested in learning more about the role, please contact: [email protected]

Applications must be submitted through our online portal. Applications sent via email will not be accepted.