Deputy Manager Legal and Compliance

About this role

Job Role Summary

This role is responsible for conducting second-line reviews of Financial Crime controls, including KYC, AML, Sanctions, Anti-Bribery & Corruption (ABC), Fraud, and Market Abuse. It also involves investigating suspicious activity reports (SARs) and handling data protection matters, including DSARs and data breaches.

Key Responsibilities

1. Second Line Oversight & Assurance

• Independently oversee first-line AML/CTF controls (e.g., due diligence, monitoring, screening).
• Conduct thematic and risk-based reviews to assess control effectiveness.
• Identify and report gaps or breaches; track remediation.
• Review and challenge first-line assessments of high-risk clients/transactions.
• Support compliance-related projects and audits.

2. Suspicious Activity Monitoring & Reporting

• Assist the MLRO in reviewing and investigating suspicious activity.
• Draft and support SAR submissions to authorities.
• Maintain records of investigations and SAR filings.

3. Regulatory Engagement

• Support regulatory audits, inspections, and reporting.
• Prepare responses and ensure timely submissions to regulators.

4. Advisory & Regulatory Change

• Advise business units on AML/CTF risks, especially for high-risk clients or regions.
• Monitor regulatory changes and support policy updates.
• Serve as Compliance's main contact for Financial Crime Operations (FCO).
• Provide oversight and training to FCO.

5. Data Analytics & MI Reporting

• Analyze AML data to identify trends or emerging risks.
• Prepare MI reports for MLRO, senior management, and committees.

6. Governance

• Participate in risk and compliance forums and committees.
• Support MLRO in reporting to senior management and the Board.

7. Data Protection & DSARs

• Act as the main contact for data protection, DSAR, and data breach queries.
• Liaise with the Data Protection Officer and deliver related training.
• Handle administrative tasks related to data protection compliance.

Qualifications & Experience

• Bachelor’s in Law, Finance, Business, or related field.
• CAMS, ICA Diploma, or equivalent AML/CTF certification preferred.
• 3–5 years of AML compliance experience, ideally in a regulated financial institution.
• Strong knowledge of AML/CTF laws and regulatory frameworks.
• Experience with the Three Lines of Defence model.
• Excellent analytical, investigative, and communication skills.

About compliance & regulatory roles for ex-police

Compliance, AML and regulatory roles. Working to PACE, RIPA and CPIA is a stronger regulatory grounding than most civilian applicants can offer — firms increasingly recognise this.