Senior Financial Crime Analyst

CMC Markets have an exciting opening for an experience Senior Financial Crime Analyst with a solid background in trade surveillance (transaction monitoring related to Market Abuse Directive - M.A.D) - ideally gained in an Account Opening or Payments role within financial services.

This role has come about due to internal promotion and is a great opportunity to join an established Fintech business and will play a key part in ensuring the business meets its regulatory objectives.

***Please note that this role is based onsite at our Liverpool Street office 5 days per week***

Role and Responsibilities:

• Assist in reducing Financial Crime risk by effective application of the Group Financial Crime, Anti Money Laundering, Sanctions, Terrorist Financial and Bribery & Corruption standards as issued from time to time.
• Review new and existing Medium and High-Risk Accounts, conducting open source research and adding commentary with findings. Escalating any identified discrepancies.
• Review and assess Source of Wealth information and documentation collected by the first line of defence and advise on anything additional that is required considering Financial Crime risks.
• Undertake quality assurance reviews in relation to Account Opening at pre-determined intervals.
• Undertake review of accounts and alerts that have flagged, and alerts generated through both payment and trade surveillance systems / reports.
• Filing Suspicious Transaction and Order Reports (STORs) and Suspicious Activity Reports (SARs) to the FCA and NCA respectively
• Undertake review of Politically Exposed Persons (PEPs).
• Engage in desktop research & enhanced due diligence research of third party suppliers and partners.
• Manage enquiries from the Payments Team in relation to cash payments and/or fund transfers to/from excluded countries, or any other queries.
• Manage enquiries from the New Accounts Team, the Premium Client Management Team, the Sales Trading Desk, Business Operations or any other department that are received into the Group Financial Crime Inbox
• Assist in the preparation of Financial Crime related MI.
• Take all reasonable steps to ensure appropriate confidentiality of Suspicious Activity Reports (SARs) and Suspicious Transaction and Order Reports (STORs).
• Undertake such other duties, training and/or hours of work as may be reasonably required and which are consistent with the general level of responsibility of this role.
• Perform Sanctions Screening of the CMC client base at regular intervals, reviewing possible matches, discounting the same and escalating positive matches to the MLRO for external reporting/ action.
• Build and maintain a good working relationship with key business personnel, guiding and supporting the business to ensure the existence of a strong risk culture with robust supporting systems and controls.
• Keep up to date with regulatory requirements around AML, Bribery and Corruption, Financial Crime including Market abuse and Insider Dealing, Countering the Financing of Terrorism and Financial Sanctions.
• Provide sufficient cover during other team members’ leave/ absence.
• Assisting with other areas of Trade Surveillance, Financial Crime and Compliance as required.

Key Skills and Experience:

• The Senior Financial Crime Analyst role is ideal for someone who is interested in specialising in Financial Crime Compliance
• Experience of trade surveillance relating to Market Abuse Directive (MAD)
• Must have strong understanding of UK AML/KYC requirements.
• Previous experience in an Account Opening or Payments role within financial services is desirable but not a pre-requisite.
• Training (internal/external) will be provided.
• Proficiency in MS office packages
• Ability to work to targets
• Ability to retain confidentiality of information

CMC Markets is powered by our people. We are an equal opportunities employer and are committed to creating a diverse and inclusive workplace, where our people feel confident to be themselves, feel valued and are able to do their best work. We don’t just value differences and unique perspectives, we seek them out and we invite them in, because we know it will lead to better outcomes for everyone.