At a Glance
- Tasks: Investigate and monitor transactions to prevent money laundering and terrorist financing.
- Company: Crown Agents Bank, a growing UK bank transforming payments in emerging markets.
- Benefits: Competitive pension plan, life assurance, private medical insurance, and discretionary bonuses.
- Other info: Dynamic work environment with opportunities for personal and professional growth.
- Why this job: Join a mission-driven team making a real impact on global financial access.
- Qualifications: 2+ years in AML/Anti-Financial Crime with relevant professional qualifications.
The predicted salary is between 40000 - 50000 £ per year.
Crown Agents Bank is a vastly growing and regulated UK bank that connects emerging and frontier markets to the rest of the world, using FX and payments technology. We are transforming the way payments and FX move through emerging markets, reducing friction so that more money gets to those who need it. Our solutions help fix these pain points, ultimately connecting traditionally hard-to-reach regions to global financial infrastructure, giving access to the best prices and the fastest, most reliable settlement.
In this role you will support the first line of defence within the business managing the monitoring process for all payments processed by Crown Agents Bank to ensure conformance with regulations/legislation, contributing to CAB's program to prevent the bank from exposure to money laundering or terrorist financing. You will be responsible for identifying and investigating unusual transactions, patterns and activity to determine whether indicative of potential money laundering/terrorist financing and reporting as appropriate.
Role Responsibilities:
- Conduct investigative research using appropriate techniques and sources
- Liaise with our banking partners to gather additional information where necessary to conclude your investigation
- Maintain detailed records of all investigations and findings
- Ensure alerts are handled in accordance with defined procedures and meet standards for both quality and timeliness
- Where necessary, file unusual activity reports with the Anti-Financial Crime Team/MLRO
- Provide detailed MI to Senior Management on a monthly basis
Qualifications:
- Relevant professional qualification (e.g. ICA, ACAMS AML or equivalent)
Skills/experience:
- Minimum 2 years experience in an AML/Anti Financial Crime related role
- Proficient practical knowledge of UK Anti-Money Laundering requirements including Money Laundering Regulations, Proceeds of Crime Act, Terrorism Act and JMLSG Guidance, staying abreast of regulatory changes and AML/CTF related developments
- Banking Experience - Payments/SWIFT knowledge
- Experience of working with high risk jurisdictions or emerging markets
- Knowledge/Experience in Mobile Financial Services
- Excellent written and verbal communication skills
- Organised with strong attention to detail
- Self-motivated/positive attitude
- Ability to manage own caseload taking full responsibility for the entire investigation process from start to finish
- Must be able to work as part of a team and on own initiative
- Maintain a high level of accuracy and attention to detail in a high volume/tight deadline driven environment
- Maintain and improve quality service and products through initiating and implementing new initiatives to drive the department forward
Additional Information:
- Contributory personal pension plan: - Minimum: Employee 2% and Employer 7%. Employer matches contributions in 1% increments to a maximum of: Employee 5% and Employer 10%
- Life Assurance – 4 times annual salary
- Group Income Protection
- Private Medical Insurance – this may include cover for partner and or children at company cost. Cover includes Optical, Dental and Audiology
- Discretionary Bonus
Transaction Monitoring Senior Analyst in London employer: Crown Agents Bank Ltd.
Crown Agents Bank is an exceptional employer, offering a dynamic work environment that fosters innovation and collaboration in the financial sector. With a strong commitment to employee growth, we provide comprehensive benefits including a generous pension plan, private medical insurance, and opportunities for professional development. Located in the heart of the UK, our culture prioritises teamwork and integrity, making it an ideal place for those looking to make a meaningful impact in emerging markets.
StudySmarter Expert Advice🤫
We think this is how you could land Transaction Monitoring Senior Analyst in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those already working at Crown Agents Bank. A friendly chat can open doors and give you insider info on what they're really looking for.
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of AML regulations and the specific challenges faced in emerging markets. Show us you know your stuff and can tackle the tough questions with confidence!
✨Tip Number 3
Don’t just wait for job openings to pop up! Keep an eye on our website and apply as soon as you see a role that fits. The early bird catches the worm, and we love proactive candidates!
✨Tip Number 4
Follow up after your interview with a thank-you note. It’s a simple gesture that shows your enthusiasm for the role and keeps you fresh in our minds. Plus, who doesn’t appreciate a bit of gratitude?
We think you need these skills to ace Transaction Monitoring Senior Analyst in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Transaction Monitoring Senior Analyst role. Highlight your relevant experience in AML and any specific skills that match the job description. We want to see how you can contribute to our mission!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about working with Crown Agents Bank and how your background aligns with our goals. Keep it concise but impactful – we love a good story!
Showcase Your Skills:Don’t forget to showcase your skills in UK Anti-Money Laundering regulations and your experience with high-risk jurisdictions. We’re looking for someone who can hit the ground running, so make sure we see that expertise front and centre.
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to keep track of your application status. Plus, we love seeing applications come directly from our site!
How to prepare for a job interview at Crown Agents Bank Ltd.
✨Know Your Regulations
Make sure you brush up on UK Anti-Money Laundering requirements and relevant legislation. Being able to discuss the Money Laundering Regulations, Proceeds of Crime Act, and other key regulations will show that you're not just familiar with the role but also understand the critical compliance aspects.
✨Showcase Your Investigative Skills
Prepare to discuss specific examples from your past experience where you've identified unusual transactions or patterns. Highlight your investigative techniques and how you liaised with banking partners to gather information. This will demonstrate your hands-on experience in a similar role.
✨Be Detail-Oriented
Crown Agents Bank values accuracy and attention to detail. During the interview, emphasise your organisational skills and how you maintain detailed records of investigations. You might even want to share a story about a time when your attention to detail made a significant difference in your work.
✨Demonstrate Team Spirit
While it's important to show your ability to work independently, don't forget to highlight your teamwork skills. Share examples of how you've collaborated with colleagues or contributed to team initiatives, especially in high-pressure environments. This will show that you can thrive both individually and as part of a team.
