Financial Crime Analyst – 12 Month Ftc

THE COMPANY:

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