Apprentice Financial Crime Analyst

TN United Kingdom; London; On-site; GBP 23,000; Full time

Job summary

A leading company in the financial sector is offering an exciting opportunity for an Apprentice within their Financial Crime team in London. This role involves practical application of KYC, sanctions screening, and due diligence checks, providing a dynamic work environment with extensive training and development opportunities for school or college leavers.

Qualifications

• On target or completed 3 A-Levels or equivalent.
• At least 5 GCSEs (grade C or above).
• Strong IT skills and effective time management.

Responsibilities

• Support colleagues on financial crime processes and procedures.
• Conduct customer due diligence and screening.
• Assist with compliance reviews and maintain records.

Skills

Strong IT skills

Effective time management

Ability to work independently

High attention to detail

Excellent written communication skills

Excellent verbal communication skills

Education

3 A-Levels or equivalent (Grade C or above)

At least 5 GCSEs (grade C or above)

Job description

Job Description:

Our client, a large Lloyds Broker, has an excellent opportunity for an Apprentice within the Financial Crime team in London. The role involves practical application of sanctions and adverse media screening, Know Your Customer (KYC), and Enhanced Due Diligence (EDD) checks as part of onboarding responsibilities. Investigations and reporting are integral to the role, making each day varied and dynamic.

Main Duties:

1. Provide support and advice to colleagues on financial crime processes and procedures.
2. Work closely with the broking teams to ensure sufficient information is gathered for KYC/DD checks.
3. Conduct customer due diligence, including identification/verification checks, risk classification, and financial crime risk evaluations.
4. Screen customers against sanctions and watchlist databases using online screening tools.
5. Determine true/false matches and escalate as appropriate.
6. Carry out identification checks and screening on relevant customers.
7. Support transaction monitoring and report concerns to the MLRO.
8. Review and update policies and procedures.
9. Maintain customer identification records.
10. Assist with compliance reviews.
11. Advise the business on first-line financial crime controls.
12. Assess risks related to relationships or entities, including PEPs and GOEs, and escalate as needed.

Key Skills Required:

1. On target or completed 3 A-Levels or equivalent (Grade C or above).
2. At least 5 GCSEs (grade C or above).
3. Strong IT skills.
4. Effective time management.
5. Ability to work independently and in a team.
6. High attention to detail.
7. Excellent written and verbal communication skills.

Additional Information:

• Permanent role based in London.
• Salary: £23,000.
• An ideal opportunity for school or college leavers seeking a trainee/apprentice role within a growing organization with extensive training and development opportunities.