Sanctions Screening Analyst in City of Westminster

To will support the first line of defense within the business managing the Transaction Screening process for all live payments processed by Crown Agents Bank to ensure conformance with regulations/legislation, contributing to CAB\’s program to prevent the bank from exposure to financial crime and sanctions risk. Role Responsibilities:

• Investigate high volume payment alerts within the EastNets Safe Watch Filtering Screening tool and provide consistent detailed rationales for decision to release/reject/block
• Review mobile money transfers sanction alerts and assess whether they are permissible or require further investigation
• Liaise with clients via email where necessary to discount potential true matches
• Ensure hits/alerts are handled in accordance with defined procedures and meet standards for both quality and timeliness
• Evaluate repetitive items and conduct trend analysis with the aim of reducing the amount of false hits received
• Stay abreast of regulatory changes and AML related news, with an emphasis on OFAC, HMT, UN & EU sanctions-related developments
• Proactively identify improvements to increase efficiency and effectiveness of the process.