Payments and Screening Analyst (VN2972)

Marex; Greater London; On-site; GBP 42,000 - 64,000; Full time

Job summary

Marex is recruiting a Payments and Screening Analyst to review payment and screening alerts across clients, counterparties and transactions. You will apply sanctions, AML/CTF standards and escalate risks with clear audit trails and evidence-based rationales.

The role supports compliance with regulatory requirements and internal policies, with a focus on accurate data and timely escalation to stakeholders in a fast-paced environment.

Qualifications

• Experience in sanctions screening, payment screening, transaction monitoring, AML investigations, KYC or a comparable financial crime operations role.
• Experience in payment and transaction monitoring within a correspondent banking environment is desirable.
• Knowledge of AML, CTF, sanctions and KYC requirements within a regulated financial services environment.
• Familiarity with sanctions lists, PEP data, watchlists and global adverse media sources.
• Experience using screening, case-management and research tools.
• Ability to interpret payment information and transaction data; knowledge of payment messaging and payment-processing workflows is desirable.
• Good working knowledge of Microsoft Office, particularly Excel, Word and Outlook.
• Relevant financial crime, AML or sanctions qualification is desirable.

Responsibilities

• Review and investigate real-time, pre-screening and other payment screening alerts generated from inbound and outbound payment activity.
• Conduct ongoing adverse media, politically exposed person (PEP), sanctions and watchlist screening for existing business relationships using approved screening systems and research tools.
• Assess potential matches against applicable sanctions lists, watchlists, PEP data, adverse media sources and internal risk criteria.
• Determine whether an alert is a false positive, possible match, true match or requires further investigation, in accordance with approved procedures and delegated authority.
• Analyse payment information, client and counterparty data, ownership information, geographic exposure, transaction narratives and available supporting documentation.
• Analyse transaction monitoring information, client and counterparty data, ownership information, geographic exposure, transaction narratives and available supporting documentation.
• Prepare clear, concise and evidence-based rationales that explain the information reviewed, the assessment completed and the basis for the disposition decision.
• Raise requests for information where additional information is required, obtaining approval where required by procedure.
• Escalate potential sanctions matches, material financial crime concerns, control issues and risk events promptly to the Head of Screening, Financial Crime Compliance or other relevant stakeholders.
• Support payment hold or release decisions by ensuring alerts are investigated and escalated within the applicable service level agreement and control framework.
• Maintain complete and accurate records of alert reviews, evidence, decisions, escalations and conclusions to provide a clear audit trail.
• Support quality assurance, control testing, remediation, system implementation, calibration and continuous improvement activities.
• Ensure client, counterparty and static data used for screening is accurate and appropriately maintained in relevant systems.
• Respond to internal and external screening queries in a timely, accurate and professional manner.
• Maintain knowledge of relevant sanctions, AML or wider financial crime requirements through ongoing training and professional development.
• Comply with applicable regulatory requirements, the operational risk framework, internal policies, the FCA Code of Conduct where applicable and Marex’s Code of Conduct.

Skills

Sanctions screening

Payment screening

Transaction monitoring

AML investigations

KYC

Screening tools

Microsoft Office

Education

Financial crime qualification

Tools

Screening software

Case management tools

Research tools

Job description

About Marex

Marex Group plc (NASDAQ: MRX) is a diversified global financial services platform providing essential liquidity, market access and infrastructure services to clients across energy, commodities and financial markets. The group provides comprehensive breadth and depth of coverage across four core services: clearing, agency and execution, market making, and hedging and investment solutions. It has a leading franchise in many major metals, energy and agricultural products, with access to 60 exchanges. The group provides access to the world’s major commodity markets, covering a broad range of clients that include some of the largest commodity producers, consumers and traders, banks, hedge funds and asset managers. With more than 40 offices worldwide, the group has over 2,300 employees across Europe, Asia and the Americas.

The Payments and Screening Team

The Payments and Screening Team forms part of the First Line of Defence (1LOD) and plays a critical role in supporting the Marex Group’s compliance with applicable laws, regulations and internal standards relating to financial crime prevention and international sanctions compliance. The team reviews payment and ongoing screening alerts and works closely with Legal, Risk Management, Operations and the Financial Crime function to support effective governance, consistent standards and appropriate escalation of financial crime risk.

Payments and Screening Analyst

The Payments and Screening Analyst is responsible for the timely and accurate review of payment and ongoing screening alerts relating to Marex’s clients, counterparties and transactions. The role supports compliance with applicable sanctions, anti-money laundering, counter-terrorist financing and wider financial crime requirements by identifying, investigating and escalating potential risks. The Analyst will apply sound judgement, strong analytical skills and attention to detail to reach evidence-based decisions, maintain a clear audit trail and escalation matters to the Head of Screening or relevant stakeholders in line with approved procedures.

Responsibilities

(Please note that from time to time, you'll be required to offer shift or regional coverage to support the global business)

• Review and investigate real-time, pre-screening and other payment screening alerts generated from inbound and outbound payment activity.
• Conduct ongoing adverse media, politically exposed person (PEP), sanctions and watchlist screening for existing business relationships using approved screening systems and research tools.
• Assess potential matches against applicable sanctions lists, watchlists, PEP data, adverse media sources and internal risk criteria.
• Determine whether an alert is a false positive, possible match, true match or requires further investigation, in accordance with approved procedures and delegated authority.
• Analyse payment information, client and counterparty data, ownership information, geographic exposure, transaction narratives and available supporting documentation.
• Analyse transaction monitoring information, client and counterparty data, ownership information, geographic exposure, transaction narratives and available supporting documentation.
• Prepare clear, concise and evidence-based rationales that explain the information reviewed, the assessment completed and the basis for the disposition decision.
• Raise requests for information where additional information is required, obtaining approval where required by procedure.
• Escalate potential sanctions matches, material financial crime concerns, control issues and risk events promptly to the Head of Screening, Financial Crime Compliance or other relevant stakeholders.
• Support payment hold or release decisions by ensuring alerts are investigated and escalated within the applicable service level agreement and control framework.
• Maintain complete and accurate records of alert reviews, evidence, decisions, escalations and conclusions to provide a clear audit trail.
• Support quality assurance, control testing, remediation, system implementation, calibration and continuous improvement activities.
• Ensure client, counterparty and static data used for screening is accurate and appropriately maintained in relevant systems.
• Respond to internal and external screening queries in a timely, accurate and professional manner.
• Maintain knowledge of relevant sanctions, AML, CTF and wider financial crime requirements through ongoing training and professional development.
• Comply with applicable regulatory requirements, the operational risk framework, internal policies, the FCA Code of Conduct where applicable and Marex’s Code of Conduct.
• Report policy breaches and elevate operational, regulatory or financial crime risk events immediately in accordance with applicable procedures.
• Provide input into risk management, governance and process improvement activities as required.
• Act as a role model for the Company’s values and the highest standards of integrity and conduct.

Skills & Experience

• Experience in sanctions screening, payment screening, transaction monitoring, AML investigations, KYC or a comparable financial crime operations role.
• Experience in payment and transaction monitoring within a correspondent banking environment is desirable
• Knowledge of AML, CTF, sanctions and KYC requirements within a regulated financial services environment.
• Familiarity with sanctions lists, PEP data, watchlists and global adverse media sources.
• Experience using screening, case-management and research tools.
• Ability to interpret payment information and transaction data; knowledge of payment messaging and payment-processing workflows is desirable.
• Good working knowledge of Microsoft Office, particularly Excel, Word and Outlook.
• Relevant financial crime, AML or sanctions qualification is desirable.

Competencies

• Strong analytical and investigative skills, with the ability to evaluate information from multiple sources and identify potential financial crime risk.
• Excellent attention to detail and the ability to reach consistent, evidence-based decisions.
• Sound judgement and the confidence to elevate potential sanctions or financial crime concerns promptly.
• Clear written and verbal communication skills, including the ability to produce concise, audit-ready investigation rationales.
• Ability to organise and prioritise competing tasks, manage alert queues and work effectively within service level requirements.
• Ability to work independently while collaborating effectively with colleagues and stakeholders across the First and Second Lines of Defence.
• A resilient, adaptable and proactive approach in a fast-paced and controlled environment.
• Strong problem-solving skills and a continuous improvement mindset.

Marex is fully committed to being an inclusive employer and providing an inclusive and accessible recruitment process for all. We will provide reasonable adjustments to remove any disadvantage to you being considered for this role. We value the differences that a diverse workforce brings to the company. We welcome applications from candidates returning to the workforce. Also, Marex is committed to avoiding circumstances in which the appearance or possibility of conflicts of interest may exist within the hiring process.

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