Financial Crime Analyst
As a Financial Crime Analyst you will be an integral part of our business operations. You will be vital to ensuring the regulatory and legal compliance of all FX transactions.
You’ll be a hard-working team player, with a strong ethical compass and deep understanding of AML compliance.
You will be responsible for safeguarding preventing all forms of financial crime. With robust internal processes and application of diligence you will effectively manage and mitigate the risk of financial crime which may be exposed to.
When it comes to Financial Crime initiatives, strong attention to detail will be at the heart of everything you do. You will prioritise the legal compliance of all FX transactions and understand the significance of your role being delivered at the highest standard. Through cross functional collaboration, you will continually echo this throughout each department ensuring transparency and compliance throughout the client journey.
Key Objectives and Initiatives
* Investigation and Analysis
* Identify and evaluate potential financial crime risks, implementing appropriate controls to mitigate these risks.
* Operate transaction monitoring systems to identify suspicious activities and transactions.
* Carry out thorough quality assurance through AML processes - KYC documentation collected by front of house teams during the onboarding process.
* Investigate customer transactions as part of periodic and event-driven customer KYC reviews.
* Execute RFIs and periodic file reviews.
* Analyse alerted payments or transactions for potential Money Laundering and Terrorist Financing risks.
* Monitoring and Reporting
* Support the First Line of Defence client onboarding process carried out by front of house teams such as the Sales Teams and BDM’s.
* Operate and review monitoring and screening systems to identify adverse media, sanctions and politically exposed persons.
* Prepare weekly transaction monitoring reports for the Financial Crimes Forum.
* Report suspected financial crime incidents, supported by thorough analysis and documentation.
* Escalate confirmed suspicious activities to the MLRO formally.