Financial Crime Compliance, Senior Analyst at Crown Agents… · London

companyDescription
Crown Agents Bank is a vastly growing and regulated UK bank that connects emerging and frontier markets to the rest of the world, using FX and payments technology. We are transforming the way payments and FX move through emerging markets, reducing friction so that more money gets to those who need it. Emerging markets payments are usually challenging, expensive, unreliable and opaque. Our solutions help fix these pain points. Ultimately, we connect traditionally hard-to-reach regions to global financial infrastructure, giving access to the best prices and the fastest, most reliable settlement.
FX and cross-border payments are often complex and expensive, especially when operating in emerging markets. Crown Agents Bank (CAB) wraps its deep and trusted relationships and strength of network around innovative digital capabilities, and cross-border transaction banking solutions to enable fintech, corporates, governments, development organisations and banks to move money to, from, and across often hard-to-reach markets.
jobDescription
Role Purpose
Our FCC team works across a broad range of financial crime compliance areas, including anti-money laundering, sanctions, counter-terrorist financing, anti-bribery and corruption, and fraud. We do not hire candidates to cover only one of these areas; instead, we cross-train the team across the broader financial crime risk framework.
You will be responsible for investigating transactions flagged by the Bank’s payment screening system, assessing payment patterns and activity to determine whether they are indicative of potential money laundering or terrorist financing, and escalating or reporting matters as appropriate.
Role Responsibilities
Perform second-line investigations of transaction screening live payment escalations.
Maintain detailed records of all investigations and findings
Provide consistent detailed rationales for decisioning alerts
Participate in the Unusual Activity Report process
Provide advisory for the Business on a broad number of financial crimes compliance subjects including anti-money laundering, sanctions, anti-bribery and corruption and fraud.
Stay up to date with international regulatory developments and enforcement actions within the financial crimes space.
Participate in the preparation of the annual financial crime compliance risk assessment and MLRO report.
Support the production and revision of financial crimes compliance policies and procedures.
Stakeholder management experience with a focus on interaction with the Business; an ability to balance risk management considerations and commercial factors.
Proactive; think outside of the box in terms of introducing and enhancing reporting, controls, and compliance oversight.
Any other tasks as necessary
qualifications
Relevant professional qualification (e.g. ICA, ACAMS AML or equivalent) is desirable
Experience
Minimum 2 years experience in an AML/Anti Financial Crime related role
Proficient practical knowledge of UK Anti-Money Laundering requirements including Money Laundering Regulations, Proceeds of Crime Act, Terrorism Act and JMLSG Guidance, staying abreast of regulatory changes and AML/CTF related developments
Banking Experience - Payments/SWIFT knowledge
Experience of working with high-risk jurisdictions or emerging markets
Knowledge of correspondent banking desirable
Skills
Excellent written and verbal communication skills
Organised with strong attention to detail
Self-motivated/positive attitude
Ability to manage own caseload
Must be able to work as part of a team and on own initiative
Maintain a high level of accuracy and attention to detail in a high volume/tight deadline driven environment
Maintain and improve quality service and products through initiating and implementing new initiatives to drive the department forward
additionalInformation
Hybrid working (3 days on-site)
Contributory personal pension plan: - Minimum: Employee 2% and Employer 7%. Employer matches contributions in 1% increments to a maximum of: Employee 5% and Employer 10%
Life Assurance – 4 times annual salary
Group Income Protection
Private Medical Insurance – this may include cover for partner and or children at company cost. Cover includes Optical, Dental and Audiology
Discretionary Bonus
Competitive Annual Leave
2 Volunteering Days
Benefit Hub