TA Senior Administrator Job
TA Senior Administrator (Job Number: 1316147)
Description
Team Description:
This team is responsible for AML (Anti Money Laundering) verification and controls and the management and prevention of Financial Crime.
Responsibilities:
Specific responsibilities can vary, but primary functions within the Team are the administration of anti-money laundering controls and the associated follow up, the management and investigation of suspicious activities/transactions, and the monitoring and identification of Sanctioned and Politically Exposed individuals
Procedures:
Ensure that the departmental procedures and followed and that operational controls are maintained.
Ensure full regulatory compliance.
Ensure full compliance with client service levels agreements.
Ensure that customer records are maintained in good order.
Ensure that client applications are properly coded to reflect the necessary verification action.
Regulatory:
Promote the importance of compliance with anti-money laundering regulations.
Ensure systems and databases are maintained with details of all cases subject to suspicious/verification actions and details of each action carried out or that is pending.
Escalate all issues and concerns to Supervisor.
Refer cases to Management, Compliance or Management Companies where necessary and in compliance with agreed procedures.
Raise SARs where necessary.
Processing
Ensure systems and databases are maintained with details of all cases subject to verification actions and details of each action carried out or that is pending.
Process more complex cases, act as a point of referral for other team members and escalate issues as necessary.
Sending letters to clients requesting identification documentation, chasing and follow ups.
Processing cases through CMS.
Maintain pending files where information is awaited from clients.
To ensure that appropriate system flags have been set to prevent release of funds before information is received.
To ensure that reports are run and processed correctly.
Investigation and analysis of reports to identify/eliminate suspicious transactions/clients
Assist with cross training all staff on all processes, and training new members of staff.
Assist Team Leader with monitoring volumes in and out, ensure staff within team knows what daily targets are and ensure they are met.
Relationships
Promote the AML/Financial Crime department in a positive manner and ensure that relationships with
other departments are maintained as appropriate. To establish and maintain good relationships
with Management Companies.
Ensure that documentation prepared for external audits is produced on time and of a suitable quality
Other Tasks
To carry out any other additional duties as requested by the AML/Financial Crime Team Leader
and Supervisor.
Qualifications
Job Specific Competencies
In addition to the core competencies of Communication Skills, Decision-making and Accountability, Flexibility and Adaptability and Managing Risk the associate should show an aptitude for:
Personal Organisation
Work Quality/Attention to Detail
Problem Solving
Job Proficiency
Initiative/Sense of Urgency
Judgement
Customer Orientation
Interpersonal Skills
Technical Skills, Knowledge, Systems Knowledge (and associated skill level)
Good knowledge of ISAs, PEPs, Unit Trusts and OEICs (products and rules)
Knowledge of AML and Financial Crime Regulations including JMLSG Guidance
Ability to learn new system and develop procedures
Have a good knowledge of Excel and Word
To be flexible and adaptable.
To be able to work independently as well part of a team.
A high level of accuracy.
Be able to work to strict deadlines.
Academic/Professional Qualifications (or equivalent qualifiers)
2:2 Degree or higher preferred and/or relevant experience
Primary Location: Brentwood, Essex, GB
Internal Jobcode: 50726
Job: Asset Servicing
Organization: Global Client Service Delivery-HR06406
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