Financial Crime Due Diligence Analyst

Adecco; London; Hybrid; GBP 40,000 - 60,000; Full time

Job summary

A leading recruitment consultancy in London is seeking a Financial Crime Due Diligence Analyst. The role focuses on supporting efforts to mitigate financial crime risks through detailed due diligence and compliance with relevant regulations. Ideal candidates have proven experience in due diligence, an understanding of financial crime laws, and strong analytical skills. This position offers a hybrid working model, blending on-site and remote work.

Qualifications

• Proven track record in undertaking due diligence and enhanced due diligence.
• Experience in global commodity trading business operations.
• Understanding of international regulatory requirements and best practices.

Responsibilities

• Conduct risk-sensitive due diligence on third parties.
• Classify third parties from a risk perspective.
• Liaise with business stakeholders to obtain relevant documentation.

Skills

Due diligence experience

Understanding of financial crime regulations

Risk management

Analytical skills

Stakeholder liaison

Education

Certified qualification in AML/KYC

Job description

Job title: Financial Crime Due Diligence Analyst

Location: London/Hybrid

Duration: 4.5 months

Adecco is an employment consultancy. We put expertise, energy, and enthusiasm into improving everyone's chance of being part of the workplace. We respect and appreciate people of all ethnicities, generations, religious beliefs, sexual orientations, gender identities, and more. We do this by showcasing their talents, skills, and unique experience in an inclusive environment that helps them thrive.

The role:

The purpose of this role is to support efforts in preventing, detecting, and mitigating financial crime risks by conducting risk-sensitive due diligence on third parties. The analyst will ensure compliance with relevant legislation and regulations, including UK Bribery Act, UK/EU/US sanctions, FCA expectations, and anti-money laundering requirements. This includes analysing ownership structures, applying risk ratings, conducting screening for sanctions and PEPs, and escalating issues as needed.

Responsibilities:

• You will be expected to carry out risk sensitive due diligence in line with legislation and regulation on financial crime, including the UK Bribery Act, UK, EU and US Sanctions, FCA expectations and money laundering regulations.
• In this role, you will also play a part in preventing, detecting, mitigating and reporting on financial crime risk matters within the group.
• In line with financial crime requirements and guidance, and the due diligence procedures, you will classify third parties from a risk and regulatory perspective, including accurate analysis of ownership structures / layered entities and apply appropriate risk ratings.
• You will conduct screening for sanctions, politically exposed persons (PEPs) and adverse information to ensure the timely escalation of issues identified to management for resolution.
• You will liaise with business stakeholders, front office staff and with external parties to obtain relevant CDD documentation and information and ensure that onboarding and reviews are delivered within Service Level Agreements.
• You will escalate issues to the Financial Crime Due Diligence Managers, and where appropriate, Group Financial Crime.
• You will assist with monthly MI reporting regarding the status of work in progress and key risks that need to be managed.
• You will check and review your own work to ensure that high standards of compliance are maintained within the team.
• Use your expertise and knowledge of financial crime laws and regulations, to help determine what impact they may have on due diligence activities.

Requirements:

• Proven track record of undertaking due diligence and enhanced due diligence on a wide range of entities, including private companies, government entities, regulated and unregulated businesses, higher risk jurisdictions and third-party intermediaries.
• Experience in global commodity trading business operations and the relationship to third parties.
• Understanding of international statutory, regulatory requirements and best practice associated with third party risk management, in particular within the FCA regulated sector.
• Extensive relevant professional experience, i.e., due diligence/KYC, energy market experience in a trading environment, relevant UK compliance, regulatory, legal, risk.
• Certified qualification in AML / KYC from a recognised institution, e.g. ICA / ACAMS or equivalent preferred.

Candidates will ideally show evidence of the above in their CV in order to be considered.

Please be advised if you haven't heard from us within 48 hours then unfortunately your application has not been successful on this occasion, we may however keep your details on file for any suitable future vacancies and contact you accordingly.