Financial Crime Specialist (15 month FTC)

THE COMPANY:

Our client is a leading bank, offering a comprehensive range of banking services, including corporate, investment, and retail banking. This role will entail assisting the Financial Crime Department in its role as the second line of defence on financial crime activities.

THE RESPONSIBILITIES:

Regulatory Change Implementation & Compliance Policy Updates:

• Monitor, interpret, and implement evolving AML/CFT, sanctions, and anti-fraud regulations.
• Update and enhance financial crime policies and procedures
• Maintain a structured process for tracking regulatory changes and integrating them into organisational policies.
• Ensure that regulatory updates are properly documented, communicated, and implemented across all relevant teams.
• Conduct impact assessments of new policies to evaluate their effects on operational teams and technology systems.

Monitoring and Assurance:

• Assist the MLRO with financial crime Internal and External Audits.
• Assist the team with 2LOD assurance testing as required by the Financial Crime Monitoring & Assurance schedule.
• Discount daily client database screening and payment matches raised
• Maintain departmental registers
• Maintain records of remediation requirements resulting from the financial crime monitoring & assurance work and ensure action points are tracked
• Maintain RCSA register and log any new processes as required

Routine Financial Crime Compliance Activities:

• Complete all other departmental administrative and regular monitoring requirements,
• Assist with client investigations including additional screening and adverse media checks
• Complete entries on the Fraud investigation register and all corresponding investigation documents, as necessary
• Complete the required checks on EDD and CDD
• Supporting the delivery of training to colleagues and embedding an effective risk culture across 1st and 2nd lines of defence.

EXPERIENCE REQURIED:

• University degree or equivalent
• 1-2 years plus in a financial crime related role ideally
• Ability to adapt to working in a multi-cultural environment
• Highly efficient, team player, with good attention to detail, accuracy
• Ability to work unsupervised, to tight deadlines and to withstand occasionally high- pressure demands
• Accuracy and high level of numeracy and literacy
• Good working knowledge of Windows suite

For more information, please contact Natalie Eshelby