At a Glance
- Tasks: Investigate financial crime alerts and conduct complex investigations to mitigate risks.
- Company: Join a leading bank focused on financial crime prevention and compliance.
- Benefits: Enjoy 25 days annual leave, private medical insurance, and a pension scheme.
- Other info: Experience hybrid working and access to a free gym after probation.
- Why this job: Make a real difference in combating financial crime while developing your career.
- Qualifications: 3-5 years in Financial Crime or AML roles with strong analytical skills.
The predicted salary is between 72000 - 88000 £ per year.
- Review and investigate escalated sanctions, screening, transaction monitoring, and other financial crime alerts to assess potential financial crime risks and ensure appropriate outcomes.
- Conduct complex financial crime investigations, analysing customer activity, transactional behaviour, and relevant intelligence to identify potential money laundering, sanctions, fraud, or other financial crime concerns.
- Perform AML, KYC, Customer Due Diligence (CDD), and Enhanced Due Diligence (EDD) reviews for new and existing customers, providing independent challenge and recommendations prior to approval.
- Undertake Politically Exposed Person (PEP), sanctions, and adverse media screening reviews, assessing findings and providing clear risk-based recommendations.
- Review and assess fraud-related matters, including payment and debit card fraud cases, providing oversight, challenge, and guidance to ensure risks are appropriately managed.
- Assess financial crime and fraud risks and determine whether internal escalation, suspicious activity reporting, or other regulatory reporting obligations should be considered.
- Review and respond to information requests from regulatory authorities, law enforcement agencies, correspondent banks, and other financial institutions.
- Support the ongoing development and enhancement of the Bank's financial crime framework, including policies, systems, controls, monitoring, and governance processes.
- Analyse financial crime data, trends, and management information to identify emerging risks, control weaknesses, and opportunities for improvement.
- Prepare management information, reporting, and presentations for senior management, and executive committees.
- Assess the design and effectiveness of the Bank's financial crime controls and recommend enhancements where required.
- Provide advice, guidance, and subject matter expertise to business and operational teams on financial crime and fraud-related matters.
- Build and maintain effective relationships with internal stakeholders and external parties to support the Bank's financial crime risk management framework.
- Support regulatory reporting and compliance submissions as required.
- Remain up to date with changes in AML, sanctions, fraud prevention, and wider financial crime regulations, ensuring regulatory developments are appropriately considered and implemented.
- 3-5 years' experience in a Financial Crime, AML, Compliance, or Fraud-related role within a regulated financial institution.
- Sound understanding of AML, KYC, sanctions, transaction monitoring, and fraud risk management.
- Strong investigative and analytical skills, with the ability to make well-reasoned, risk-based decisions.
- Excellent attention to detail and accuracy.
- Strong written and verbal communication skills.
- Ability to influence and challenge constructively where appropriate.
- Strong organisational and time-management skills.
- High level of integrity, professionalism, and discretion.
- Proficiency in Microsoft Word, Excel, and Power Point.
- 25 days annual leave entitlement plus 8 bank holidays
- Pension scheme, 4% employer contribution
- Private Medical Insurance
- 60-40 Hybrid working after successful probation period
- Free gym access in the building
- #J-18808-Ljbffr
Senior Financial Crime Executive employer: iFAST Global Bank Ltd
iFAST Global Bank Ltd is an excellent employer that prioritises employee growth and development within a dynamic and supportive work culture. With a hybrid working model, employees benefit from flexibility while engaging in meaningful projects that enhance the bank's operational resilience. The bank offers competitive benefits and opportunities for professional advancement, making it an attractive place for those looking to make a significant impact in the financial sector.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Financial Crime Executive
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like iFAST Global Bank Ltd. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Senior Financial Crime Executive
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to iFAST Global Bank Ltd.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on iFAST Global Bank Ltd's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at iFAST Global Bank Ltd
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with iFAST Global Bank Ltd.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at iFAST Global Bank Ltd will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former iFAST Global Bank Ltd employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
