The pathway
How you actually get there, here
How you become one varies far more by country than what one does. This is the UK route. Most people take one of these ways in; the right one depends on where you're starting from.
- 1
Senior Risk Control Consultant (Internal Promotion)
3-5 years as a Senior ConsultantSkills to master
- Leading complex RCSA workshops, independently managing remediation tracking, mentoring 1-2 junior colleagues, and making recommendations to leadership on control enhancements.
You're ready to move on when
- Consistently delivers high-quality control test results and reports with minimal supervision.
- Proactively identifies and proposes solutions for control gaps, not just documenting them.
- Demonstrates strong ability to influence business owners to take action on findings.
- Has successfully mentored junior team members, showing a knack for developing others.
- 2
Internal Audit Specialist (External Hire)
8-12 years in Internal Audit, with a focus on financial or operational audits.Skills to master
- Deep understanding of audit methodologies, risk-based auditing, and experience in assessing control effectiveness across various business processes. Strong report writing and stakeholder management skills.
You're ready to move on when
- Has led end-to-end audit engagements, including planning, execution, and reporting.
- Experience in drafting and presenting audit findings to senior management.
- A strong grasp of internal control frameworks and regulatory expectations.
- Demonstrated ability to challenge existing processes and propose improvements.
- 3
Financial Crime/Compliance Specialist (External Hire)
8-12 years in Financial Crime, AML, or broader Compliance roles.Skills to master
- Expertise in specific regulatory domains, experience in designing and testing controls related to financial crime prevention, sanctions, or market abuse. Strong analytical skills for identifying compliance risks.
You're ready to move on when
- Has designed or significantly contributed to the implementation of compliance control frameworks.
- Experience in responding to regulatory inquiries or managing compliance audits.
- A deep understanding of the regulatory landscape and its impact on operational controls.
- Proven ability to translate regulatory requirements into practical business actions.