We are working exclusively with a great client who specialise in corporate banking, with a presence across the globe. They are looking for a Financial Crime Analyst on a 12 month fixed term contract (maternity cover)
THE RESPONSIBILITIES:
Maintain practical knowledge of all current applicable regulatory, AML/CTF and KYC requirements
Monitoring, investigating and releasing sanction hits daily and promptly
Investigating suspicious transactions and logging SAR’s reported to the MLRO
Coordinating end-to-end review of financial crime risk assessments for client on boarding and account activity
Review and approve on-boarding of new clients
Assessing due diligence (including Enhanced Due Diligence) on client accounts submitted by first line teams, where required verify documentation with internal and/or external sources
PEP screening and media searches using open source websites, company websites, BankCheck, ID3Global, World Check etc.
Ensure financial crime risks are identified, assessed, managed and reported to MLRO in a timely manner
Promote adherence to the Bank’s AML& CTF policies and procedures
Making decisions/recommendations on appropriate actions in relation to financial crime issues
Liaise with compliance service providers on updates and account maintenance
Support MLRO with the update of policies & procedures.
Assist with money laundering related queries/questionnaires received from correspondent Banks and other RFIs
Assist in the preparation of monthly and quarterly reports for ExCo and Board of Directors;
Conduct transaction monitoring and surveillance checks
On-boarding and review of Trade finance related accounts
Assist in the maintenance of the compliance monitoring plan
Support the Head of Compliance to achieve Compliance department objectives
EXPERIENCE REQUIRED:
A good understanding of the bank’s products, services and processes
Understanding of Business Risk
Flexible, responsible and enthusiastic approach to work and a willingness to help others in the department
General understanding of market place AML issues and AML suspicious activity transaction monitoring systems, and KYC solutions is helpful.
Good understanding of SWIFT
Strong ability to quickly grasp and understand Money Laundering, Global Sanctions and CTF AML risks issues
For further information please contact Jordan White
