KYC/AML - Payments Screening

Posted 06 February 2020
Salary £150 - £200 per day
LocationLondon
Job type Permanent
ReferenceBBBH98970_1581069742
Contact NameIan Christie

Job description


Role Responsibilities:

  • Working directly within either the AML, Fraud, or Financial Crime teams.
  • Co-operating with law enforcement officers and local authorities by providing accurate records within a legal framework, ensuring all their enquiries are dealt with within compliance and strict timescales.
  • Ensuring Suspicious Activity Reports, Sanctions Screening, KYC and PEP's are fully investigated in line with regulatory requirements.
  • Investigating and identifying fraudulent activity, compiling full reports and ensuring all confirmed findings are reported to the MLRO.
  • Serving as a subject matter expert on suspicious activity monitoring to other departments by providing advice and counsel to ensure they understand AML compliance and implications to their operations.
  • Working closely with management to ensure critical functions are fulfilled timely and accurately.
  • Detecting potential suspicious activity when complex manual processes are needed.
  • Supporting the MLRO with internal control audits on customer support and other functions within the business, basing the results in line with company policies and regulations.
  • Providing occasional informal training and guidance to less experienced AML Investigators and customer support.
  • Identifying and recommending training aids/materials that may aid in improved compliance and efficiency.


Requirements

Experience, traits and skills required:

  • KYCAML/Risk investigative type role.
  • Experience in KYC/AML within a bank is preferable, but not required.
  • Strong attention to detail.
  • Knowledge of current KYC/AML legislation, money laundering techniques/patterns and counter-fraud preventive measures is a must.
  • A team player willing to help the team and educate those less aware of the risk of money laundering displaying a supportive and understanding attitude.
  • Willingness to learn and adapt to the current business culture both in the Risk department and beyond.
  • A proactive, can-do attitude. The ability to think outside the box and help improve the business, department and processes.