Financial Crime Officer (11 month FTC)

Compliance Professionals; Greater London; On-site; GBP 80,000 - 100,000; Full time

Job summary

A successful retail and corporate banking firm in Greater London is looking for an Assistant Manager in Financial Crime Operations. This role involves undertaking fraud investigations, ensuring compliance with AML and KYC regulations, and conducting risk assessments on new accounts. Ideal candidates will have a strong background in financial crime investigations and transaction monitoring, and knowledge of fraud typologies. This position offers an opportunity to contribute to critical operational functions in a dynamic environment.

Qualifications

• Strong background in AML/KYC, CDD/EDD, financial crime investigations and transaction monitoring.
• Experience in identifying fraud typologies including APP fraud and mule activity.
• Working knowledge of the local regulatory environment.

Responsibilities

• Undertake fraud investigations and analyze payment patterns.
• Identify and escalate suspicious account behavior.
• Ensure compliance with AML/KYC laws and regulations.
• Conduct Enhanced Due Diligence where required.

Skills

AML/KYC

Financial crime investigations

Transaction monitoring

Fraud typologies identification

Regulatory knowledge

Job description

THE COMPANY:

Our client is a successful retail and corporate banking firm. They are looking to hire an Assistant Manager- Financial Crime Operations.

THE RESPONSIBILITIES:

• Undertake fraud investigations, including analysis of payment patterns, customer behaviour, and liaising with internal teams for case resolution.
• Identifying suspicious account behaviour indicative of fraudulent activity and escalating appropriately.
• Review new account applications requiring high-risk onboarding assessments and conduct Enhanced Due Diligence where required.
• Ensure compliance with AML/KYC related laws and regulations and identify matters of non-compliance and elevate them as necessary.
• Review new accounts for enhanced due diligence and existing accounts for on‑going due diligence.
• Level 1 review of name screening alerts and high risk payments.
• Ensure timely response to operational queries from business areas and support functions.
• Undertake investigations and follow up with stakeholders to resolve any issues that are raised.
• Ensure efficient identification of suspicious activities and transactions.
• Keep abreast of regulatory changes/developments and financial crime news.
• Participate in adhoc projects that may be identified from time to time.
• Provide general administrative support.

EXPERIENCE REQUIRED:

• Strong background in AML/KYC, CDD/EDD, financial crime investigations and transaction monitoring and screening.
• Experience in identifying fraud typologies including APP fraud and mule activity.
• Working knowledge and understanding of the local regulatory environment.
• Knowledge of financial services sector.
• Ideally from a banking background.

For further information please contact Natalie Eshelby.