AML and Sanctions Compliance - Principal Associate

Discover Financial
Nottingham
Workplace: HybridFull timeFunction: Legal, Risk & ComplianceSkills: ["Stakeholder management","Leadership","Continuous learning","Decision-making","Quality assurance"]

Lead AML and sanctions compliance work within the FCC team, driving the UK AML Work Programme and ensuring projects, reporting, and controls operate effectively. Oversee financial crime delivery, mentor first-line investigators, and maintain practical policies, procedures, and training. Conduct assurance and SAR quality reviews, partner with the MLRO on suspicious activity decisions, address risk events, and translate NCA guidance into actionable improvements for the wider business.

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FursaFursa
Discover Financial
Discover Financial
1 week ago

AML and Sanctions Compliance - Principal Associate

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Source: Company careers pageValidated by: Fursa AI
Last checked: 15 hours agoStatus: Live

Job Summary

Lead AML and sanctions compliance work within the FCC team, driving the UK AML Work Programme and ensuring projects, reporting, and controls operate effectively. Oversee financial crime delivery, mentor first-line investigators, and maintain practical policies, procedures, and training. Conduct assurance and SAR quality reviews, partner with the MLRO on suspicious activity decisions, address risk events, and translate NCA guidance into actionable improvements for the wider business.
Location: Nottingham
Workplace: Hybrid
Employment Type: Full time
Job Function: Legal, Risk & Compliance
Seniority: Manager level

Key Responsibilities

  • •Oversee the Financial Crime Delivery Team, providing leadership and advisory support for first-line investigators.
  • •Drive the AML Work Programme by ensuring key AML projects and reports are delivered accurately and on time.
  • •Own updates to policies, procedures, and annual training so they are practical and fit for purpose.
  • •Run assessments and partner with the MLRO during AML/CTF audits, and ensure suspicious activity decisions are approved appropriately.
  • •Strengthen the control environment by resolving risk events, coaching via QA for SAR quality, and overseeing assurance and customer due diligence processes.

Pay and Benefits

Perks:PensionAnnual BonusHealth InsuranceAnnual LeaveParental LeaveRemote WorkLearning BudgetGym Membership

Key Requirements

  • •Understand the UK financial crime regulatory framework, including the Money Laundering Regulations, JMLSG, and the Proceeds of Crime Act.
  • •Proven experience leading end-to-end financial crime investigations in high-volume consumer credit environments.
  • •Confidently make well-documented investigation decisions to support consistent, high-quality SAR submissions.
  • •Maintain an appetite for continuous learning and professional development via accredited industry bodies (e.g., ICA, ACAMS).
  • •Provide clear leadership and advisory support for first-line investigators and their training and development.
Skills:Stakeholder managementLeadershipContinuous learningDecision-makingQuality assurance
Certifications:ICAACAMS

Company Brief

Discover Financial
Provides consumer banking products, credit cards, personal loans, and payment services through the Discover brand. It operates a major U.S. financial network and serves individuals and merchants with lending and digital payment solutions.
Industry: Retail Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 10M to 25M
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Riverwoods, United States
Founded: 1985
WebsiteLinkedIn