A prestigious private bank with a significant and growing presence in the UK is seeking a Financial Crime Compliance Alert Analyst, on a 12 month FTC basis.
Key Responsibilities
- Investigate escalated transaction monitoring alerts generated from the Bank’s surveillance systems.
- Analyse transaction activity across complex clients, structures, trusts, foundations, holding companies special purpose vehicles, partnerships and other legal entities.
- Develop a clear understanding of beneficial ownership, control, ownership chains and inter-company relationships to identify potential financial-crime risks.
- Escalate material or higher-risk cases to senior stakeholders and relevant financial crime teams
- Execute sound judgement when assessing risk within complex private banking relationships
- Document investigations with clear rationale and evidential support.
- Review and investigate alerts generated from the screening solutions
- Determining true versus false matches.
- Conducting enhanced research using internal and external sources.
- Assessing sanctions, reputational and regulatory risk.
- Escalating confirmed or potential matches in accordance with policy.
- Supporting periodic rescreening exercises.
- Apply a risk-based approach to all investigations.
- Identify emerging financial crime typologies.
- Consider AML, sanctions, tax evasion, bribery and corruption indicators where relevant.
- Recommend customer risk rating changes where appropriate.
- Manage an assigned portfolio of alerts within agreed service levels.
- Ensure investigations are completed accurately and consistently.
- Record investigation outcomes in relevant case management systems.
- Provide guidance on financial crime requirements to internal stakeholders.
- Support regulatory and internal audit requests.
- Assist management in the preparation of MI
- Support the development and maintenance of dashboards and reports
- Assist in the development, review, and maintenance of financial crime compliance policies and procedures
- Identify recurring alert trends and opportunities to improve system calibration.
- Support optimisation of transaction monitoring and screening scenarios.
- Contribute to procedure updates and control enhancements.
- Participate in user acceptance testing for new monitoring systems where required
About You
- Proven experience in a financial crime compliance role within a private banking or wealth management environment.
- Strong knowledge of transaction monitoring, screening and financial crime workflow systems and processes.
- Relevant professional qualifications (e.g., ICA Diploma in Financial Crime Compliance, CAMS) are desirable.
- Excellent written and verbal communication skills, with the ability to provide clear and concise advice to stakeholders.
For further information please contact Natalie Eshelby
Financial Crime Compliance Alert Analyst (12 month FTC) employer: Compliance Professionals
As a leading wealth management firm in Greater London, we pride ourselves on fostering a collaborative work environment that prioritises compliance excellence and professional growth. Our commitment to employee development is reflected in our comprehensive training programmes and supportive culture, making us an ideal employer for compliance professionals seeking meaningful and rewarding careers in the financial services sector.
