FCC Transaction Monitoring & Screening Operations Analyst

JR United Kingdom; London; Hybrid; GBP 35,000 - 55,000; Full time

Job description

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FCC Transaction Monitoring & Screening Operations Analyst, London

Client: The Curve Group

Location: London, United Kingdom

Job Category: Other

EU work permit required: Yes

Job Views: 8

Posted: 18.04.2025

Expiry Date: 02.06.2025

Job Description:

Financial Crime Compliance Operations Analyst (12-month Fixed-Term Contract)

Our Client is a globally recognised, successful bank who provide world-class services to various institutions and individuals. Offering a comprehensive range of retail and corporate financial services/products, this thriving business boasts over 10 million active customers in over 700 business locations. Due to business requirements, we are now looking to acquire the services of an experienced Financial Crime Compliance Operations Analyst to support the Transaction Monitoring & Screening team.

Please note that this is a hybrid position with 3 days working from the office & 2 days working from home.

Key Responsibilities:

1. The review and timely completion of all financial crime related transaction monitoring alerts across the portfolio and investigation into any irregularities, formulating any internal or external reports as necessary.
2. Review and investigation of alerts generated from the automated Payment and Client monitoring systems in accordance with defined procedures and meet standards for both quality and timelines.
3. Conduct investigative research using appropriate techniques and sources. Maintain detailed records of all investigations and findings.
4. Support the updating of existing policies and procedures as well as the creation of new policies/procedures as required.
5. Liaise with our relationship managers to gather additional information where necessary to conclude investigations.
6. Review findings of audits conducted on the department's processes and procedures and provide relevant information to the FCC Operations Manager to carry out remediation exercises.
7. Assist with the review and design of controls to improve process systems (EastNets) for sanctions/embargoes.

Key Skills/Experience:

1. Experience in dealing with SWIFT messages and understanding different fields where sanction hits are detected.
2. In transaction monitoring reviews, identifying trends in transactions e.g. large cash withdrawals and deposits, transactions on dormant accounts.
3. Knowledge and experience in using financial crime industry software solutions and profiling.
4. Knowledge of sanctions monitoring tools and sanctions regulatory frameworks including UK, EU and US.
5. Working knowledge of relevant UK financial crime regulations and industry best practice.
6. Excellent communication skills; able to communicate clearly both verbally and in writing.