Senior Associate Account Review (6 month FTC)

Compliance Professionals; London; On-site; GBP 45,000 - 60,000; Full time

Job summary

A financial services firm in London is seeking a Senior Associate Account Review for a 6-month fixed-term contract. You will be responsible for reviewing retail and corporate accounts, conducting enhanced due diligence, and monitoring transactions for financial crime concerns. The ideal candidate will possess strong knowledge of UK banking regulations and experience in KYC and AML processes. This role requires a detail-oriented approach to identify and address potential fraudulent activities.

Qualifications

• Good experience of business and operations in different areas of the bank.
• Knowledge and experience of monitoring/account reviews.
• Experience in identifying unusual/suspicious transactions.

Responsibilities

• Review retail and corporate accounts and undertake enhanced due diligence.
• Monitor accounts to check for fraudulent transactions and action required.
• Undertake ongoing Due Diligence on High Risk and Medium Risk accounts.

Skills

Knowledge of UK Banking regulations

Knowledge of banking and financial services sector in the UK

Background in KYC, AML, Sanctions, Fraud and ABC

Good knowledge of Microsoft word and Excel

Job description

THE COMPANY: Our client is a successful retail and corporate banking firm. They are looking to hire a Senior Associate Account Review on a 6 month FTC basis. THE RESPONSIBILITIES:

• Review retail and corporate accounts and undertake enhanced due diligence
• Review transactions for financial crime concerns including AML, Sanctions and Fraud
• Undertake investigations and follow up with stakeholders to resolve any issues
• Monitor accounts to check if fraudulent transactions are taking place and action required
• Undertake on-going Due Diligence on High Risk and Medium Risk accounts
• Any other projects and tasks assigned by the department head from time to time

EXPERIENCE REQUIRED:

• Knowledge of UK Banking regulations
• Knowledge of banking and financial services sector in the UK
• Good experience of business and operations in different areas of the bank
• Background in KYC, AML, Sanctions, Fraud and ABC
• Knowledge of retail and commercial banking products
• Knowledge and experience of monitoring / account reviews
• Knowledge and experience of transaction screening and transaction monitoring systems
• Experience in identifying unusual / suspicious transactions and outlining rationale. Knowledge and experience of risk based approach pertaining to AML processes
• Good knowledge of Microsoft word and Excel

For further information please contact Natalie Eshelby