Financial Crime Analyst

As a Financial Crime Analyst, we are looking for someone to:

• Conduct thorough on-boarding and ongoing customer due diligence measures, including unwrapping company structures to identify beneficial owners in accordance with internal policies.
• Identify cases where enhanced due diligence is necessary in order to mitigate risks/sufficiently understand customers prior to funding, for instance with regards new high risk applicants.
• Investigate PEP, sanction and adverse media alerts on behalf of the business. Make recommendations on actions to be undertaken including enhanced due diligence checks or the declining of business.
• Conduct reviews of Transaction Monitoring Reports to identify suspicious activity.
• Complete reviews of business queries in line with departmental SLAs. This includes queries relating to shareholder checks, foreign nationals, offshore companies and other CCD queries.
• Perform prompt and robust reviews of high risk customers and identify where further action is needed, for instance an adjustment in risk level, further due diligence or more stringent account controls.
• Complete pre-accreditation checks on new business intermediaries.
• Perform accurate and timely due diligence checks on suppliers.
• Investigate low and medium risk Suspicious Activity Reports (SARs) including in relation to allegations of fraud and money laundering. Determine whether external reporting is required and recommend a course of action to the Deputy MLRO/MLRO and, where appropriate, business areas.

Qualifications

Essential:

• Experience in a similar CDD/KYC/Financial Crime prevention role, preferably in retail financial services or the secured lending market
• Knowledge of financial crime and financial services regulations, in particular Money Laundering Regulations and FCA
• Planning and interpersonal skills
• Attention to detail, particularly within investigations and external report

Desirable:

• Obtained or working towards a related qualification through an industry recognised body such as the ICA or ACAMS.
• Good data analysis and reporting skills including previous experience of using Excel to create dashboards.

]]>