Account Risk Associate

TN United Kingdom; Wellingborough; Hybrid; GBP 27,000; Full time

Job description

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ACCOUNT RISK ASSOCIATE
WELLINGBOROUGH (HYBRID)

Do you have an inquisitive and curious mind? Put it to good use conducting account reviews for Weatherbys Private Bank and Racing Bank clients, evaluating risk and ensuring appropriate customer due diligence is in place.

THE PRACTICAL BITS

You will be based in our Wellingborough head office and will need to work onsite during training, after which you can work from home up to 3 days per week. Working hours are 8.30am to 5pm Monday to Friday.

WHY JOIN US?

You will do a lot of investigation, so if you delight in digging around to find things out you will really enjoy this role. You will be part of a friendly team of five so there is always someone to help.

Salary: up to £27,000 per annum depending on experience.

Benefits include: 25 days’ annual leave (rising to 28 with length of service), private medical insurance, income protection, enhanced maternity and paternity leave, pension scheme, onsite subsidised restaurant, free onsite parking and a range of discounts and benefits through our Reward Gateway platform.

WHAT YOUR DAY WILL LOOK LIKE

1. Appraising and investigating Know Your Customer (KYC) and Customer Due Diligence (CDD) documentations held on file.
2. Monitoring transactions for Anti Money Laundering (AML) and other risk considerations.
3. Investigating potential risk, money laundering and due diligence.
4. Writing your findings in a report to include your recommendation of risk level and remedial actions.
5. Highlighting discrepancies or changes in risk ratings to the relevant banking relationship manager and the Risk Advisory and Assurance team.

WHAT YOU WILL BRING

1. Administrative experience in a financial institution.
2. A curious and inquisitive mind.
3. Excellent written communication skills – able to write reports of high quality.
4. Good levels of numeracy.

IT WOULD BE NICE FOR YOU TO HAVE

1. A good working knowledge of FCA regulation and guidelines including KYC, KBB and AML.
2. Experience in an analytic or investigative role.

WHO WE ARE

Weatherbys is one of the best regarded independent banking groups in the UK, winning Private Bank of the Year at the Spear’s UK Wealth Management awards in both 2021 and 2023. As you would expect from a business with ambitious growth plans, we are continually evolving and looking to the future, but always put our clients at the heart of everything we do. Don’t just take our word for it, find out more here: www.weatherbys.bank