Senior Associate- SARS (11 month FTC)

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

Job summary

A financial services firm is seeking a Senior Associate to conduct SAR investigations, prepare reports, and ensure compliance with AML regulations. Candidates should have strong analytical skills and knowledge of the financial services sector. This position offers an opportunity to engage in meaningful compliance work within the banking industry.

Qualifications

• Experience with SAR investigations and compliance regulations.
• Strong analytical abilities and attention to detail.

Responsibilities

• Conduct SAR investigations within timelines.
• Ensure compliance with AML/KYC regulations.
• Prepare and report SARs to the National Crime Agency.

Skills

Working Knowledge of regulatory environment

Financial services sector knowledge

SARS knowledge

Strong analytical skills

Attention to detail

Strong communication skills

Job description

THE COMPANY

Our client is a successful retail and corporate banking firm. They are looking to hire a Senior Associate- SARS on a FTC basis.

THE RESPONSIBILITIES

• Suspicious Activity Reporting (SAR) investigations within prescribed timelines.
• Ensure timely, efficient reporting of SAR to the MLRO.
• Preparing quality SAR reports and disclose it to National Crime Agency after getting sign off from MLRO.
• Adherence to SAR timelines as described in POCA 2002.
• Ensure compliance with Money Laundering Regulations/ JMLSG guidelines and other AML/KYC related laws and regulations.
• Monitoring of System generated reports and identify out of patterns transactions and escalate accordingly.
• Reporting of MI pertaining to open actions to Legal & Compliance Committee
• Assist with review of Compliance Policies and Procedures
• Ad hoc projects and assignments

EXPERIENCE REQUIRED

• Working Knowledge and understanding of the local regulatory environment
• Knowledge of financial services sector
• SARS knowledge essential
• Strong analytical skills
• Attention to detail and accuracy
• Strong verbal and written communication

For further information please contact Natalie Eshelby