Senior Anti-Money Laundering Analyst

Job Title - Senior Anti-Money Laundering Analyst

Hours of work - 40 hours per week

Location - working from home

Salary - Salary of up to £35k pa

Job Summary:

Working for one of our largest clients and one of the UK’s largest banks, you will be supporting the delivery of financial crime activities relating to on-going due diligence for clients. You will be responsible for analysing potential changes in Client’s risk profile and managing fraud and financial crime risk. As a subject matter expert, you will need to keep abreast of industry developments and initiatives, sharing information across appropriate teams within the division.

Job Description:

Core purpose of the role:

• You will be a subject matter expert using available information to interrogate changing risk variables for High-Risk clients and discounting risk alerts where they are in line with risk profile or identifying new risk invoking a manual OKYC trigger review.  
• Be a member of a dedicated AML risk due diligence team providing technical subject matter expertise to assess potential and actual risk within client portfolios. 
• You will identify and understand high risk factors including ownership structures, jurisdictions, and industry types. 
• Write concise Risk summaries and recommendations with underpinning evidence clearly articulating areas of focus which will include the nature of the relationship, nature of business, ownership structure, source of wealth/funds, and thorough assessment of risk attributes.
• Support our client to ensure Financial Crime risks are understood, mitigated and controlled.
• Monitor and report on compliance standards to internal and external stakeholders.

Key Accountabilities:

• Fraud and Financial crime (including OKYC) risk knowledge and its application to ensure risk is adequately controlled 
• Liaise with clients directly to understand their business, collate client information to enable risk recommendations to be put forward. 
• Responsible for explaining and supporting with due diligence requirements to both internal and external clients. 
• Act as a liaison point for managing relationships with internal stakeholders

Key Capabilities, Knowledge, Skills and Experience

You will be expected to demonstrate:

• Oral and Written Communication - Strong communication skills
• Organisational Awareness – Knows how to get things done and gain commitment.
• Stakeholder Management – Knows how to influence others to achieve objectives.
• Procedural/Product/Specialist Knowledge - strong technical knowledge of Anti-Bribery, AML and Sanctions and good technical knowledge of other financial crime areas
• Effective judgment, understanding and risk assessment.
• Sound understanding of Commercial Banking – including entity types and banking products.

The above should include being able to:

• Work under pressure and apply logical thinking to problem solving.
• Build & maintain internal / external customer relationships.
• Communicate and provide guidance to individuals at all levels.
• Team player
• Take responsibility for queries / issues through to resolution.
• Manage expectations of all internal and external customers
• Prioritise workloads.
• Work to strict deadlines.

Personal Effectiveness Capabilities:

• Risk, Compliance and Regulatory Management – Expert
• Planning and Organising - Expert
• Customer Excellence - Advanced
• Communication & Impact – Advanced
• Delivering Change and Improvements – Proficient