Senior Associate: Account Review Team

Quantum Group; United Kingdom; On-site; GBP 60,000 - 80,000; Full time

Job summary

An international bank based in Harrow is seeking an Account Review Senior Officer to analyze client accounts and ensure compliance with financial crime regulations. The role involves conducting due diligence on various risk accounts and monitoring for suspicious activity. The ideal candidate will possess a strong understanding of UK banking regulations and banking operations, along with proficiency in Microsoft Word and Excel.

Qualifications

• Experience in various banking operations.
• Experience with monitoring and account reviews.
• Experience with transaction screening and monitoring systems.

Responsibilities

• Review retail and corporate accounts and conduct enhanced due diligence.
• Monitor accounts for fraudulent transactions and take necessary actions.
• Participate in other projects and tasks as assigned by the department head.

Skills

Knowledge of UK banking regulations

Understanding of banking and financial services sector

Background in KYC, AML, sanctions, fraud, and ABC

Ability to identify suspicious transactions

Proficiency in Microsoft Word and Excel

Job description

We are hiring for the Account Review Senior Officer role with an international bank based in Harrow.

Main Responsibilities

Analyze existing client accounts and undertake ongoing due diligence on low, medium, and high-risk accounts. This includes understanding the onboarding process and conducting periodic reviews of accounts, including PEP accounts. A good knowledge of financial crime-related compliance functions is required.

Job Responsibilities

1. Review retail and corporate accounts and conduct enhanced due diligence.
2. Review transactions for financial crime concerns, including AML, sanctions, and fraud.
3. Undertake investigations and coordinate with stakeholders to resolve issues.
4. Monitor accounts for fraudulent transactions and take necessary actions.
5. Perform ongoing due diligence on high and medium-risk accounts.
6. Participate in other projects and tasks as assigned by the department head.

Competencies

• Knowledge of UK banking regulations.
• Understanding of the banking and financial services sector in the UK.
• Experience in various banking operations.
• Background in KYC, AML, sanctions, fraud, and ABC.
• Knowledge of retail and commercial banking products.
• Experience with monitoring and account reviews.
• Experience with transaction screening and monitoring systems.
• Ability to identify suspicious transactions and apply risk-based approaches to AML processes.
• Proficiency in Microsoft Word and Excel.