At a Glance
- Tasks: Investigate and monitor transactions to prevent money laundering and ensure compliance.
- 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 role with opportunities for personal growth and development.
- Why this job: Join a mission-driven team making a real impact on global financial access.
- Qualifications: 2+ years in AML/Anti-Financial Crime; relevant professional qualifications preferred.
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 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 promotes inclusivity and teamwork, 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
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those connected to Crown Agents Bank. A friendly chat can open doors and give you insights that job descriptions just can't.
✨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
Practice makes perfect! Do mock interviews with friends or use online resources to get comfortable discussing your experience in transaction monitoring and financial crime prevention. The more you practice, the more natural it will feel.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Transaction Monitoring Senior Analyst
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 your background connects with what we do at Crown Agents Bank!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about working in emerging markets and how your skills can help us tackle the challenges in payments and FX. Keep it engaging and personal, so we get a sense of who you are.
Showcase Your Investigative Skills:Since this role involves identifying unusual transactions, make sure to highlight any investigative research experience you have. Share examples of how you've successfully navigated complex situations in the past, as this will resonate with our mission at CAB.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re keen on joining our team at Crown Agents Bank!
How to prepare for a job interview at Crown Agents Bank Ltd.
✨Know Your AML Regulations
Make sure you brush up on your knowledge of UK Anti-Money Laundering regulations, including the Money Laundering Regulations and the Proceeds of Crime Act. Being able to discuss these confidently will show that you're not just familiar with the theory but can apply it in practice.
✨Showcase Your Investigative Skills
Prepare examples from your past experience where you've successfully identified and investigated unusual transactions. Be ready to explain your thought process and the techniques you used, as this will demonstrate your analytical skills and attention to detail.
✨Communicate Clearly
Since you'll be liaising with banking partners and senior management, practice articulating your thoughts clearly and concisely. Consider doing mock interviews with a friend to refine your communication style, ensuring you can convey complex information in an understandable way.
✨Demonstrate Team Spirit
Crown Agents Bank values teamwork, so be prepared to discuss how you've collaborated with others in previous roles. Share specific instances where you contributed to a team effort, highlighting your ability to work both independently and as part of a group.
