Sanctions Analyst
Our client, a leading global financial services firm with assets of $1.2 trillion and is a leader in investment banking.
They are currently recruiting in the Bournemouth area and looking for passionate, career minded professionals with excellent communication skills and keen to work in fast paced environment.
The Role
The AML Sanctions team is responsible for Anti Money Laundering (AML) monitoring and sanctions screening
To provide KYC Compliance support
Part of the financial crime objective to:
Identify suspicious activity and report to law enforcement
Prevent clients being on boarded or being maintained that create money laundering or reputational risk
Ensure the company does not maintain accounts or facilitate transactions involving sanctioned countries, parties or individuals.
Duties Responsibilities
To become part of the team investigating highlighted activity researching the client and public domain information to identify whether it is unusual and ultimately whether suspicious and requires reporting to law enforcement.
To research AML typologies and then apply the characteristics to interrogate transaction data to identify unusual activity.
Provide monthly reports to EMEA branch Compliance Officers, enabling them to evidence to their local regulators the AML monitoring completed and thereby meet their expectations.
To review TSS client KYC (Know Your Customer) data from Compliance perspective to ensure AML and sanction risk is appropriately documented and, if necessary, mitigated or client exited.
To provide advice to Sales and KYC support staff on standard and enhanced due diligence KYC documentation requirements in accordance with TSS KYC Policy.
Ensure feedback from AML monitoring is recognised in the client’s KYC documentation and reflected in their risk categorisation.
Make decisions on potential sanction matches escalated to Compliance. This includes all EMEA Payment channels, MHS, Assets under custody, Trade Business and POCA (Post Office Card Account) accounts.
Understand regional sanction and OFAC requirements to correctly apply to escalated items and provide consultancy advice to the LOB.
Qualifications and Experience
Bachelor’s degree (or equivalent) or comparable work experience required.
Demonstrated skills in risk assessment.
The ability to make sound decisions, including escalation when appropriate, in regard of AML or sanction risk.
Problem management skills.
Well organised and able to execute responsibilities with minimal supervision; ability to prioritize multiple tasks and bring tasks to completion within established timeframes.
Clear and concise verbal and written communication.
Interest in the subject
Benefits:
Low cost shuttle bus available as there is no on-site car parking available
On-site facilities
Competitive day rates
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