Financial Crime Analyst

  • Location

    Docklands, London

  • Sector:

    Operations & Middle Office

  • Job type:


  • Salary:

    Up to £35000 per annum

  • Contact:

    Scott Duerden

  • Contact email:


  • Job ref:


  • Published:

    over 1 year ago

Our client, an International Bank based in the Docklands are looking to recruit a Financial Crime Analyst. You'll be responsible for providing support in a variety of compliance related areas including monitoring of the Bank's Branches and Agents, Corporate and Consumer customer on-boarding AML health checks, reviewing the execution and implementation of applicable laws, rules, regulations and the Company's internal policies and procedures across the Bank.

Main responsibilities will include;

  • Provide support and advice to the Business and Branches on financial crime compliance and risk management processes.
  • Conduct customer due diligence identification/verification checks, risk classification and financial crime risk evaluations.
  • Screening of customers and related names against sanctions and watchlist databases.
  • Carry out electronic identification checks on customers sending large value transactions.
  • Take adequate action after reviewing any suspicious activity reports sent by the Branches.
  • Support customer compliance review visits to carry out AML health checks, where required, to perform the Financial Crime Risk Evaluation on customers and counterparties.
  • Assist with internal compliance reviews on Consumer, Corporate and Wholesale banking activities to ensure the required level of compliance is maintained.
  • Support the transaction monitoring of banking activity and report any concerns/suspicious activity to the MLRO.
  • Assist in the completion of the annual Compliance Monitoring Plan in respect of the Bank's operations.
  • Keep up to date with prevailing rules and regulations as they are introduced by the regulatory bodies from time to time.
  • Review existing policies and procedures to ensure they are up to date and in line with new rules and regulations.
  • Provide input on the development of new policies and procedures resulting from internal practices.
  • Check the maintenance of adequate customer identification records.
  • Support the filing of regulatory returns as and when required.
  • Assist with compliance reviews by providing requested information.

To be considered for this position, ideal candidates need the following experience/skills;

  • Graduate level or equivalent.
  • Ideal but not a prerequisite, compliance and/or financial crime related diploma, for example those from the International Compliance Association
  • Minimum 5 years' experience within the compliance field preferably in a financial service related role.
  • High standard of accuracy and attention to detail
  • Strong analytical skills
  • Excellent communicator
  • Strict work ethics
  • Strong written skills
  • Fraud investigation and mitigation skills
  • Compliance monitoring

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