AML Associate - Financial Intelligence Unit

Interactive Brokers Group, Inc.; London; Hybrid; GBP 40,000 - 80,000; Full time

Job summary

An established industry player is seeking an AML Associate for its Financial Intelligence Unit in London. This role offers the opportunity to engage in complex investigations, manage compliance tasks, and contribute to a dynamic team dedicated to maintaining high standards in financial services. With state-of-the-art technology and a commitment to innovation, this position allows for professional growth and development within a supportive environment. Enjoy a hybrid work model, daily company-paid lunches, and a host of benefits designed to enhance your career and well-being. Join a forward-thinking firm where your contributions will make a real impact.

Benefits

Career support and development

Performance-based discretionary cash bonus scheme

Discretionary stock grant

Group Life Assurance cover

Group Income Protection

Occupation pension scheme

Above statutory annual leave

Daily company-paid lunch

Access to Private Medical Insurance

Cycle to work scheme

Qualifications

• Bachelor’s degree in law, business, or finance preferred.
• AML ICA or ACAMS certification is a plus.
• Strong analytical and communication skills required.

Responsibilities

• Assist with end-to-end investigations lifecycle for complex cases.
• Conduct forensic reviews of cashiering data for suspicious activity.
• Document investigation conclusions in compliance with standards.

Skills

AML ICA certification

ACAMS certification

Analytical skills

Communication skills

Knowledge of POCA

Knowledge of JMLSG

Knowledge of EU Money Laundering Directives

Knowledge of Sanctions regulations

Ability to work in fast-paced environment

Education

Bachelor’s degree in law, business, or finance

Tools

IBKR360 case management tool

Job description

AML Associate - Financial Intelligence Unit

London, United Kingdom

Company Overview

Interactive Brokers Group, Inc. (Nasdaq: IBKR) is a global financial services company headquartered in Greenwich, CT, USA, with offices in over 15 countries. We have been at the forefront of financial innovation for over four decades, known for our cutting-edge technology and client commitment.

IBKR affiliates provide global electronic brokerage services around the clock on stocks, options, futures, currencies, bonds, and funds to clients in over 200 countries and territories. We serve individual investors and institutions, including financial advisors, hedge funds, and introducing brokers. Our advanced technology, competitive pricing, and global market help our clients to make the most of their investments.

Barron's has recognized Interactive Brokers as the #1 online broker for six consecutive years. Join our dynamic, multi-national team and be a part of a company that simplifies and enhances financial opportunities using state-of-the-art technology.

Interactive Brokers (U.K.) Ltd. (“IBUK”) is seeking an AML Associate to join the Financial Intelligence Unit (“FIU”) of our rapidly growing company. The key responsibilities of the AML Associate role are reviewing red flags, investigating complex ML/TF/Sanctions cases, and taking adequate action, including regulatory reporting. The position reports to the European Head of AML Investigations and is based in our London office.

The role provides an excellent opportunity for someone with AML experience to join a dynamic and expanding Compliance department at a Group that has invested significant resources in its AML programme over the past few years. The successful candidate will join IBKR at a time when the Group is supporting the development of synergies and coordination across its new European operating entities. IBKR is a stimulating environment with a wide and varied global client base - individuals to complex institutions - and a broad product offering.

Due to expansion, we recently relocated our office to a fantastic City of London tower on Fenchurch Street, where we operate a hybrid working model. You will be pleased to hear we offer lunch every day you are in the office from a selection of vendors.

Job Description

• Assist with the end-to-end investigations lifecycle of complex European investigations – assess investigation triggers, place and remove restrictions, and manage investigations, SAR/STR submissions across different European jurisdictions, and off-boarding.
• Conduct forensic reviews of cashiering data to detect and address suspicious transactions, patterns, and activity.
• Conduct investigations with broad cross-jurisdictional aspects using publicly available sources and in-house tools to identify adverse media, connections, and other information required to build client profiles.
• Make recommendations on filing required or voluntary SARs/STRs across different European jurisdictions, as well as on further required actions, including whether exiting or retaining client relationships.
• Become proficient with the firm’s case management tool, IBKR360, to ensure all monitoring and reporting activities are effectively documented in compliance with internal standards and regulatory expectations.
• Document the concise and consistent risk-based rationale for alert/investigation conclusions in line with internal and regulatory requirements.
• Perform work within the established timeframes and meet standards for Quality Assurance and Key Performance Indicator benchmarks.
• Assist in responding to queries/addressing escalations received from the 1LOD across different European jurisdictions.
• Assist in developing and implementing work paper templates, documentation standards, and knowledge-sharing processes across regional teams.
• Where required, assist management in responding to external requests for information from LE activities across Europe. Action court orders and manage liaisons with regulatory, enforcement, or judiciary bodies.
• Communicate and collaborate with regional partners and business stakeholders to enable the effective exchange of information needed to facilitate a consistent risk-based approach across IBKR’s multiple markets and operating entities.
• Carry out any other ad-hoc tasks or additional AML responsibility at the request of the MLRO(s)/Deputy MLRO(s)/European Head of AML Investigations.

Qualifications/Skills

• A Bachelor’s degree in law, business, or finance is preferred, and AML ICA, ACAMS, or similar certification or accreditation is a plus.
• Knowledge of POCA, JMLSG, EU Money Laundering Directives, Sanctions regulations, and the key FCA principles for businesses.
• Strong analytical skills, with the ability to manipulate data, produce MI, and write reports.
• Excellent oral and written communication skills.
• Must have the ability to work and thrive in a fast-paced, medium-sized office environment.

Location

20 Fenchurch Street, London, EC3M 8AF

Working hours and Benefits

• Career support and development
• Salary commensurate with experience
• Performance-based discretionary cash bonus scheme
• Discretionary stock grant
• Group Life Assurance cover
• Group Income Protection
• Occupation pension scheme based on Gross earnings
• Above statutory annual leave, increasing with service
• Daily company-paid lunch and healthy snack options throughout the day (when working from the office)
• Access to Private Medical Insurance, Dental Plan and/or Health Cash Plan (including dependants) *
• Travel season ticket loans*
• Cycle to work scheme*

*on successful completion of the probation period

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