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Senior AML Investigations Analyst

  • Location

    City of London

  • Sector:

    Compliance & Financial Crime

  • Job type:

    Permanent

  • Salary:

    Market related

  • Contact:

    Grace Downey

  • Contact email:

    grace.downey@jcwresourcing.com

  • Contact phone:

    02035899300

  • Job ref:

    LM50297

  • Published:

    8 days ago

  • Expiry date:

    2019-12-27

  • Consultant:

    Grace Downey

Job Description:

-        Supervise the end-to-end investigations lifecycle – assess investigation triggers, place and remove restrictions, and manage investigations, SAR submissions, and off-boarding;

-        Action court orders and oversee liaisons with regulatory, enforcement, or judiciary bodies;

-        Make recommendations on filing required or voluntary SARs, exiting or retaining relationships, and adjusting  risk assessments or risk mitigation strategies;

-        Manage the submission of the FCA Annual Financial Crime Report and assist with the annual MLRO Report;

-        Produce and maintain quality MI related to the firm’s customer base and the AML Programme;

-        Manage the review of depository institutions and financial intermediaries;

-        Approve large withdrawals and other high-risk transactions;

-        Carry out improvement projects – identify AML risks, prepare specifications, engage with internal stakeholders, and implement efficiencies and remediation efforts;

-        Draft, update, and monitor the company’s AML policies and procedures;

-        Monitor and maintain the firm’s outsourced AML systems and controls;

-        Provide training and mentoring to junior AML staff;

-        Carry out any other ad-hoc tasks or additional AML responsibility at the request of the MLRO.

Qualifications/Skills:

-        A Bachelor’s degree in law, business, finance, or accounting preferred;

-        Ability to work flexible hours;

-        Direct experience with conducting AML investigations, filing SARs, and recommending client exits;

-        Experience with court orders and external enquiries;

-        Good knowledge of open source intelligence gathering, payment systems, and money laundering red flags, particularly in the capital markets;

-        Good knowledge of POCA, JMLSG, 4th Money Laundering Directive and the key FCA principles for businesses;

-        Strong analytical skills, able to manipulate data, produce MI, and write reports – Microsoft Excel skills are essential;

-        Excellent oral and written communication skills;

-        Knowledge of the requirements for a risk-based approach to on-boarding and client monitoring;

-        Must have ability to work in a pressurized medium-size office environment; and to build strong working relations with global colleagues

-        Must be comfortable and confident to work in a highly automated environment and with programmers.

-        Management experience preferred;