Compliance – Global Business Intelligence / Enhanced Due Diligence Analyst – 1 year recruitment

Macquarie is a significant provider of institutional banking, securities trading and advisory services to clients globally. Macquarie’s London office is a critical location for facilitating transactions and booking new business for the Group. As the primary office within the EMEA region, London drives key functions such as Compliance and Risk Management across the fourteen jurisdictions in which Macquarie operates in the region.   

Macquarie’s businesses across EMEA include some retail-type businesses in Germany and South Africa and increasingly important operations in Eastern Europe and the Middle East. By extending into these regions, Macquarie could be exposed to new and evolving Compliance and reputational risks. These need to be carefully assessed to ensure new business opportunities stay within Macquarie’s risk appetite. 

Given the specialist skills required to assess these risks, a Business Intelligence Team has been established within the AML Compliance Division of the London office. In addition to supporting the London AML Compliance team, Business Intelligence also supports the assessment of new and existing clients across Macquarie’s businesses globally. Alongside the Business Intelligence team is a well-established AML and Sanctions Compliance team. 

Purpose of Role

We are looking for an experienced Enhanced Due Diligence / Business Intelligence expert to support the AML and Sanctions Compliance teams globally in producing in-house due diligence reports covering potential financial crime, commercial and reputational risk issues surrounding the counterparty or intermediary which may affect Macquarie’s decision to take on or pursue a business relationship.

Key Responsibilities

• Conduct enhanced due diligence reviews on higher risk counterparties and third party introducers / agents / vendors including analysing source of wealth, beneficial ownership, potential sanction programme breaches and other risk relevant information

• Conduct risk assessments through the performance of investigative internal research using a variety of internet and third-party sources

• Liaise with external third party vendors to undertake enhanced due diligence / business intelligence analysis of prospective / existing clients

• Perform daily surveillance of clients accounts for adverse information

• Liaise with various members of the AML and Sanctions Compliance Teams, the Client Onboarding Team and the businesses regarding enhanced due diligence research, findings and recommendations

• Perform analysis in relation to business specific and counterparty specific information and documentation to research and resolve issues

• Perform analysis in relation to country risk issues and performance of jurisdictional specific assessments

Key Skills and Attributes

• Degree educated, or equivilent with extensive research experience gained in a major international institution

• Knowledge / exposure to emerging markets and commodities would be an advantage

• Knowledge of financial markets and products

• Strong analytical and risk assessment skills

• Ability to adapt to new changes and new challenges

• Client focused with persuasive communication skills both written and verbal, confidence in being challenged

• A team member who builds strong, open relationships with clients and colleagues, but also able to work independently, determine priorities and meet deadlines

• Ability to prioritise work flows and ensure deadlines are met

• Proactive, self motivated, detailed oriented and well-organised.

• Knowledge of a major European language or other foreign language would be desirable

The role reports to the Head of EMEA AML and Sanctions.