Financial Crime Executive

iFAST Global Bank Ltd; London; Hybrid; GBP 33,000 - 37,000; Full time

Job summary

iFAST Global Bank Ltd is seeking a Financial Crime Officer in London to manage AML/KYC reviews, conduct investigations, and analyse data to enhance the bank's systems. The ideal candidate has 1 to 3 years of relevant banking experience, an undergraduate degree, and qualifications in Financial Crime. This role offers a competitive salary, hybrid working options, and various benefits including 25 days annual leave and private medical insurance.

Benefits

25 days annual leave entitlement plus 8 bank holidays

Pension scheme, 4% employer contribution

Private Medical Insurance

Free gym access in the building

Training and development

Qualifications

• 1 to 3 years relevant experience, ideally within a Bank.
• Possess an undergraduate degree.
• Relevant qualifications in Financial Crime are preferable.

Responsibilities

• Carrying out AML/KYC reviews on new and periodic customer files.
• Conducting PEP, Sanctions and Adverse Media screening checks.
• Analysing customer data and behaviour for identifying anomalies.

Skills

High standard of accuracy and attention to detail

Strong analytical skills

Investigation skills

Excellent communicator

Problem solving skills

Strict work ethics

Strong written skills

Ability to articulate and present information clearly

Education

Undergraduate degree

Relevant qualifications in Financial Crime

Tools

Microsoft Word

Excel

PowerPoint

Job description

FAST Global Bank (iGB) is a licensed Bank in the UK that aspires to provide Global Banking connectivity to individuals, corporates and financial institutions. We are currently looking for a Financial Crime Officer located in London.

The primary responsibilities of the role will be:

• Carrying out AML/KYC reviews on new customer files.
• Carrying out periodic reviews on existing customer files.
• Conducting PEP, Sanctions and Adverse Media screening checks.
• Assessing screening checks and providing appropriate recommendations.
• Reviewing of screening alerts generated by Bank’s screening systems.
• Reviewing of Transaction Monitoring alerts generated by Bank’s Transaction Monitoring systems.
• Analysing customer data and behaviour to identify patterns, trends and anomalies for both further investigation and enhancing of Banks Systems & Controls.
• Carrying out Financial Crime investigations.
• Providing input into the preparation of Management Information for inclusion in monthly Risk Committee meetings
• Support the preparation of presentations on behalf of the Risk & Compliance team for executive committees and other purposes.
• Reviewing cases and preparing responses upon information requests from investigating bodies or other Financial Institutions.
• Working and maintaining close relationships with the wider team, Operations, Representative Office, and Business Units.
• Support other members of the team in carrying out their assigned roles ensuring continuity within the team in cases of absence and increased workload;
• Keep up to date with prevailing rules and regulations as they are introduced by relevant regulatory bodies and non-governmental organisations from time to time.

Between 1 to 3 years relevant experience, ideally within a Bank.

Qualifications
The successful candidate will likely possess the following (or equivalent qualifiers):

· Undergraduate degree

EDUCATION & TRAINING

Relevant qualifications in Financial Crime are preferable.

SKILLS

• High standard of accuracy and attention to detail
• Strong analytical skills
• Investigation skills
• Excellent communicator
• Problem solving skills
• Strict work ethics
• Strong written skills
• Ability to articulate and present information clearly
• Microsoft Word, Excel, and PowerPoint (must)

INDEPENDENT ACTION & DECISION MAKING

The successful candidate must be capable of making informed decisions related to investigations and risk assessments.

• Competitive salary of £33K - £37K depending on experience

• 25 days annual leave entitlement plus 8 bank holidays
• Pension scheme, 4% employer contribution
• Private Medical Insurance
• 60-40 Hybrid working after successful probation period
• Training and development
• Free gym access in the building