Financial Crime and Sanctions Compliance Senior Analyst in Belfast

This role sits within the Financial Crime and Sanctions Compliance team, which forms part of the Governance, Risk & Compliance (GRC) Department, supporting the overall CME Group Compliance and Ethics Program and reporting into the Manager/Director of Financial Crime and Sanctions Compliance. The role will involve working as part of the Financial Crime and Sanctions Compliance team collaborating closely with CME’s legal and compliance functions as well as other areas within CME as part of the legal and regulatory onboarding requirements of customers to CME Group.

The Senior Analyst undertakes customer risk assessment activities making independent judgements and decisions related to Know Your Customer due diligence onboarding requirements for new and existing customers across CME Group. Also performing Quality Check/Assurance reviews from the teams output, in line with CME Group’s Global Financial Crime Compliance program and external regulatory bodies/legislation (e.g., JMLSG, FCA, EU Money Laundering Directives, FATF, CFTC, MiFID II).

The Senior Analyst performs customer screening risk assessment making independent judgements and decisions to understand risks presented in relation to Sanctions, Regulatory & Legal Enforcements and PEP’s when assessing new and existing customers across CME Group, in line with CME Group’s Global Financial Crime Compliance program and external regulatory bodies/legislation (e.g. the U.S. Treasury’s Office of Foreign Assets Control (“OFAC”), UK HM Treasury Office of Financial Sanctions Implementation (“OFSI”), EU European External Action Service (“EEAS”), UN Sanctions).

The Senior Analyst provides support and guidance to Analyst team members, helping to improve the team’s overall output and quality.

• Conducts Customer Due Diligence (“CDD”), Enhanced Due Diligence (“EDD”) sanctions and adverse media risk management checks making independent judgements and decisions on new and existing customers in accordance with UK Money Laundering Regulations 2017, JMLSG Guidance or other relevant Regulations (FinCEN, MiFID etc) in line with team processes and procedures as governed by CME Group Legal and Compliance divisions including administering client reference data within internal client onboarding repositories and system(s) as required.
• Perform Quality Check/Assurance testing from analyst team members output over Customer Due Diligence (“CDD”), Enhanced Due Diligence (“EDD”) sanctions and adverse media checks on new and existing customers in accordance with UK Money Laundering Regulations 2017, JMLSG Guidance or other relevant Regulations (FinCEN, MiFID etc) in line with team processes and procedures as governed by CME Group Legal and Compliance divisions including administering client reference data within internal client onboarding repositories and system(s) as required.
• Successfully communicate and collaborate with CME Groups’ Legal and Compliance functions and various other operational and cross functional teams within CME Group to resolve day-to-day Financial Crime and Sanctions Compliance related queries in an efficient and timely manner.
• Provide assistance and support as required by the Manager and Director for Financial Crime and Sanctions Compliance to ensure the maintenance of KYC/AML standards and policy compliance in accordance with the legal and regulatory obligations set by CME Group’s Compliance team.
• As output from the quality reviews produce reports on findings, reflecting process improvements and any training to ensure a cycle of continuous learning and developments, as well as high standards of quality output.

• Good Knowledge of the UK Money Laundering Regulations 2017, JMLSG Guidelines, MiFID II, applicable FCA rules and sanctions regimes including but not limited to the UN, EU, OFAC and HMT.
• Specific day to day hands on experience of managing screening alerts, and making risk based assessments in relation to Sanctions & Media screening as it relates to Sanctions regimes.
• Experience performing Quality Check/Quality Assurance reviews on the output from analysts performing an initial risk assessment on a KYC/AML review.
• Understanding of the EU Money Laundering Directives, MIFID II and CFTC.
• Good understanding of the KYC/AML Client Lifecycle process.
• Ability to work in a fast-paced environment with precision and accuracy.
• Demonstrated time management skills including ability to multitask and prioritize.
• Strong attention to detail.
• Analytical and problem-solving skills.
• Experience of working within a team, and being a team player.
• Experience of working with both internal and external stakeholders.
• Experience analysing information to make or inform decisions relating to processes and technology enhancements.
• Excellent analytical skills and the ability to discern the practical application of regulatory and legal requirements.
• Ability to communicate and influence assertively, clearly and concisely, both in writing and verbally, strong attention to detail and accuracy.
• Highly professional, courageous, and diplomatic in interactions, demeanour and presentation.
• Knowledge of computer software (e.g. Google Suite, Excel), AML and screening software and tools (e.g., Fenergo, Moody’s, WorldCheck), CLM (e.g. Fenergo or similar) and ability to learn new software systems quickly.