Financial Crime Assistant
TO £40,000 + 15% Non-Con Pension + Bonus + Benefits
Central London
THE COMPANY
Growing London operation of international banking group with global assets $20billion. The business comprises FX/MM, commercial and wholesale banking together with retail activities.
SKILLS & EXPERIENCE
- University degree and any relevant professional qualifications
- 2-5 years in financial crime related role.
- Experience with Fraud, Money Laundering monitoring, control testing.
- Highly efficient, team player, with good attention to detail, accuracy
- High standard performer that enjoys working in a dynamic and small team
- Ability to work unsupervised, to tight deadlines and to withstand occasionally high pressure demands
- Accuracy and high level of numeracy and literacy
- Good working knowledge of Windows suite
- Ability to examine and evaluate regulatory rules & legislation
THE ROLE
Reporting to the MLRO/Deputy MLRO you will assist the Financial Crime Department in its role as second line of defence by undertaking financial crime monitoring in accordance with the group Financial Crime Monitoring & Assurance Framework. The role includes the following:
- Assist team with 2LOD assurance testing as required by the Financial Crime Monitoring & Assurance schedule.
- Discount daily client database screening matches raised on World Check & Safewatch and escalate as required
- Maintain collation of client associated individuals/entities not logged in Equation for Worldcheck batch screening
- Maintain departmental registers including gifts & hospitality, regulatory change tracker & any internal project trackers e.g. Oracle Mantas
- Maintain records of remediation requirements resulting from the financial crime monitoring & assurance work and ensure action points are tracked with regards to delays/progress/completion
- Maintain RCSA register and log any new processes as required
- Maintain audit point recommendations arising from internal audits, third party reviews and the MLRO report
- Complete all other departmental admin requirements
- Assist with client investigations including additional screening and adverse media checks
- Maintain SAR correspondence, investigation files & SAR register
- Maintain Fraud investigation register and all corresponding investigation documents
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