Financial Crime Analyst - FTC

Michael Page (UK); Greater London; On-site; GBP 35,000; Full time

Job summary

An established bank in London is seeking a Transaction Monitoring Analyst for a 6-month fixed-term contract. You will analyze transactions for potential red flags, investigate alerts by reviewing customer and transaction history, and compile Suspicious Activity Reports as needed. Candidates should have 1-2 years of relevant experience and a solid understanding of UK Banking Regulations. This position offers a competitive salary of £35,000 annually along with additional benefits.

Benefits

Competitive salary

£1,200 annual lunch benefit (pro-rata'd)

Qualifications

• 1-2 years of experience in Transaction Monitoring in the UK.
• Handling Adverse Media alerts in the UK.
• Knowledge of UK Banking Regulations and AML guidelines.

Responsibilities

• Analyze daily transactions for red flags using automated systems.
• Review flagged alerts and investigate customer history.
• Compile and submit Suspicious Activity Reports (SARs).

Skills

Experience in Transaction Monitoring

Knowledge of UK Banking Regulations

Ability to analyze transactions

Job description

• Transaction Monitoring Analyst - 6-month FTC
• Transaction Monitoring role within Banking

About Our Client

The client is a Bank with offices in the UK, specifically the City of London.

Job Description

• Monitor Transactions: Analyse daily transactions (transfers, deposits, withdrawals) for red flags using automated systems.
• Investigate Alerts: Review flagged alerts, digging into customer history, transaction details, and external data to determine legitimacy.
• Risk Assessment: Evaluate risk levels of clients and transactions, identifying high-risk clients.
• Reporting: Compile and submit Suspicious Activity Reports (SARs) to regulatory bodies when suspicions are confirmed.

The Successful Applicant

• 1-2 years of experience in Transaction Monitoring in UK
• Handling Adverse Media alerts in UK
• Knowledge of UK Banking Regulations and AML guidelines

What's on Offer

• Competitive salary of £35,000 per annum.
• £1,200 annual lunch benefit (pro-rata'd).
• 6-month fixed term contract.