Financial Crimes Compliance Analyst

Nichols College; Dudley; On-site; GBP 30,000 - 45,000; Full time

Job summary

Join a leading compliance team as an analyst focused on ensuring the integrity of the financial system. You will monitor and analyze alerts for potential money laundering activities, conduct investigations, and ensure adherence to AML regulations. Collaborate with various departments and participate in training to stay updated on best practices. This role requires strong analytical skills, attention to detail, and excellent communication abilities.

Qualifications

• Bachelor’s degree in finance, accounting, criminal justice, or related field preferred.
• Strong analytical skills with attention to detail.

Responsibilities

• Conduct investigations on alerts from transaction monitoring systems.
• Analyze client transactional behavior for inconsistencies.
• Document findings for review by senior compliance staff.

Skills

Analytical Skills

Attention to Detail

Communication

Education

Bachelor’s degree in finance

Bachelor’s degree in accounting

Bachelor’s degree in criminal justice

Bachelor’s degree in legal studies

Job description

and the job listing Expires on May 16, 2025

Become a key member of the compliance team, focusing on protecting the integrity of the financial system by monitoring, reviewing, and analyzing alerts for potential money laundering activities. The analyst will be instrumental in ensuring that our firm adheres to all applicable laws, regulations, and guidelines related to anti-money laundering (AML) and counter-terrorist financing (CTF).

Key Responsibilities:

•Conduct thorough investigations on alerts generated from transaction monitoring systems to identify unusual patterns or suspicious activity.

•Analyze client transactional behavior against expected norms and investigate inconsistencies.

•Follow up on flagged transactions and conduct due diligence to ascertain their legitimacy.

•Document findings in a clear and concise manner for review by senior compliance staff or regulatory bodies as needed.

•Coordinate with other departments to collect necessary information pertaining to customer due diligence (CDD) and enhanced due diligence (EDD).

•Maintain a current understanding of AML regulations and be able to apply them effectively in day-to-day operations.

•Participate in regular training sessions to stay updated with new regulatory requirements and best practices in AML compliance.

•Work closely with the technology team to fine-tune transaction monitoring systems for optimal performance.

Requirements

•Bachelor’s degree in finance, accounting, criminal justice, legal studies or related field highly preferred

•Strong analytical skills with attention to detail and accuracy.

•Ability to work in a production environment with minimum thresholds for Key Performance Indicators (KPI) on a scorecard system

•Familiarity with technology and ability to toggle between applications and proficiency

•Excellent communication skills both verbal and written; ability to convey complex information clearly.

Ability to work independently while also being a collaborative team player.