Senior Financial Crime Analyst

Together Limited; Cheadle; On-site; GBP 45,000 - 65,000; Full time

Job summary

A financial services company based in Cheadle is seeking a Senior Financial Crime Analyst to enhance their financial crime frameworks. The role involves independently investigating complex fraud cases, conducting due diligence checks, and advising on suspicious activity. Ideal candidates will have experience with suspicious activity reports and associated regulations. This position offers a chance to significantly impact the company's crime prevention strategies while collaborating closely with regulatory bodies and law enforcement.

Qualifications

• Experience in investigating fraud and financial crime.
• Knowledge of the National Crime Agency's procedures.
• Ability to perform risk assessments and due diligence.

Responsibilities

• Investigate complex Suspicious Activity Reports.
• Conduct external disclosures to the National Crime Agency.
• Perform timely due diligence checks on suppliers.
• Liaise with law enforcement agencies regarding information requests.
• Maintain comprehensive Financial Crime Department procedures.

Skills

Investigation of Suspicious Activity Reports

Financial Crime Prevention

Due Diligence Checks

Fraud Analysis

Risk Assessment

Job description

As a Senior Financial Crime Analyst you will be responsible for protecting the Group against the threat of financial crime by supporting the MLRO and Financial Crime function to establish and maintain a robust Financial Crime Prevention Framework and to ensure appropriate controls are in place and operate effectively to mitigate the Group's Risk exposure. As a Senior Financial Crime Analyst we are looking for someone to:

• Independently investigate complex Suspicious Activity Reports (SARs) including in relation to allegations of fraud and money laundering. Determine whether external reporting is required and recommend a course of action to the Deputy MLRO/MLRO and, where appropriate, business areas.
• Conduct external disclosures to the National Crime Agency including cases where a Defence Against Money Laundering is required.
• Perform external filings to Cifas where appropriate following conclusion of fraud investigations.
• Support the Deputy MLRO and Financial Crime Officers in complex fraud cases, including IFL cases that relate to the Group's introducers and brokers.
• Perform prompt and robust reviews of high risk customers and identify where further action is needed, for instance an adjustment in risk level, further due diligence or more stringent account controls.
• Support Financial Crime Analysts by providing advice and guidance where required
• Complete pre-accreditation checks on new business intermediaries.
• Perform accurate and timely due diligence checks on suppliers.
• Investigate PEP, sanction and adverse media alerts on behalf of the business. Make recommendations on actions to be undertaken including enhanced due diligence checks or the declining of business.
• Provide ad-hoc tailored Financial Crime advice to the business and complete reviews of business queries in line with departmental SLAs. This includes queries relating to shareholder checks, foreign nationals, offshore companies and other CCD queries.
• Conduct thorough on-boarding and ongoing customer due diligence measures in accordance with internal policies.
• Identify cases where enhanced due diligence is necessary in order to mitigate risks/sufficiently understand customers prior to funding, for instance with regards new high risk applicants.
• Liaise with law enforcement agencies and other authorities in respect of requests for information under relevant legislation.
• Conduct reviews of Transaction Monitoring Reports to identify suspicious activity.
• Help maintain comprehensive Financial Crime Department procedures and records which meet business and regulatory requirements.
• Contribute to the overall continuous improvement and development of the Financial Crime Team including assisting with projects involving Financial Crime system development and maintenance.