fscom Appoints New Head of Financial Crime

Financial services compliance consultancy, fscom, has appointed Karen Vickers as its new Head of Financial Crime.

In her new role, Karen will be responsible for managing the company’s rapidly growing client base, advising them on how to meet their legal and regulatory obligations in respect of financial crime, including anti money laundering, sanctions terrorist financing and anti bribery and corruption.

Prior to joining fscom, Karen held a regulated controlled function role (CF2 – Compliance Function) with Central Bank of Ireland as a senior manager within Ulster Bank’s Financial Crime team, where she was responsible for second line of defence oversight and monitoring of all outsourced regulatory activity in relation to anti-money laundering, sanctions, counter terrorist financing and anti bribery and corruption.

Increasing regulatory scrutiny has made expert knowledge of financial crime a must for all FinTechs, from early stage companies seeking authorisation to long-established firms adapting their systems and controls as a result of growth.

Built on its deep regulatory knowledge and ability to deliver robust, comprehensive and commercially viable solutions, fscom has established itself as the leading provider of compliance advice to FinTechs across the UK and Ireland.

Jamie Cooke, CEO of fscom, “AML, fraud and terrorist financing prevention are at the top of every regulators’ list. Delivering the outstanding service fscom is known for means helping our clients navigate their way through increasingly complicated regulation. Karen will play an invaluable role in delivering that service.”

Karen comments, “fscom has built a formidable reputation with clients for providing succinct, helpful and reliable expert advice. I’m delighted to join the team to help the exciting, emerging FinTech sector, offering fresh and innovative ways to pay.”

Karen also holds the ICA Diploma in Anti-money Laundering (merit) and is a member of the ICA.