At a Glance
- Tasks: Assist in identifying and understanding clients to prevent financial crime.
- Company: Join a reputable firm dedicated to compliance and integrity.
- Benefits: Gain valuable experience, mentorship, and a chance to learn about financial regulations.
- Other info: Opportunity for growth and learning in a dynamic team environment.
- Why this job: Make a real difference in protecting the company from illicit activities.
- Qualifications: Graduate degree in Law, Accounting, Economics or related field.
The predicted salary is between 20000 - 30000 £ per year.
We have an opportunity for a highly organised and detail-oriented Financial Crime Analyst to join our London office on an Apprenticeship basis. Working within the Financial Crime Team, you will ensure that Langham Hall meets its legal and regulatory obligations to fully identify and understand its clients and their investors. You will be part of the team that defends Langham Hall’s reputation and protects it from being associated with any illicit activity.
Your role will involve assisting with gathering data and documentation as part of our Customer Due Diligence (CDD) process, which will also include conducting your own research on clients and investors. This will take place before a client enters a relationship with Langham Hall, ensuring that the entity is reputable and has no “red flags”. You will do this using information both provided by the client itself, as well as information that you can locate in the public domain. You will be required to assess all the information and documentation provided to ensure it meets all of the required criteria from both a Langham Hall and regulatory perspective.
The successful candidate does not need to have any experience in carrying out Anti-Money Laundering (AML) CDD on-boarding checks but should have a genuine interest in the subject and a willingness to learn. Initially, the Financial Crime Analyst will work with a Financial Crime Senior Associate as part of a team responsible for carrying out AML / CDD on-boarding for the Depositary, Real Estate Fund and Private Equity Fund administration business units of Langham Hall. This role is on a fixed term contract for 1 year.
Key Responsibilities
- Focused on carrying out CDD review and gap analysis with an ability to develop an understanding of complex ownership and control strategies.
- Accurately maintaining logs/databases necessary to provide management information.
- Assisting in carrying out AML / CDD checks on new and existing customers of Langham Hall, including:
- Obtaining documentary evidence of identity in line with Langham Hall’s AML / CDD policy and Joint Money Laundering Steering Group (JMLSG) guidance to ensure that Langham Hall is in line with regulatory requirements.
- Assisting in carrying out sanctions / Politically Exposed Person (PEP) screening on new and existing customers of Langham Hall.
- Assisting in carrying out initial risk assessments in line with Langham Hall’s financial crime risk management framework.
- Assisting in carrying out Enhanced Due Diligence Checks including conducting detailed research into the background of complicated structures and the individuals sitting behind them.
- Ensuring that AML CDD files are adequately maintained for existing and new customers.
- In addition to the duties listed above, the individual may be requested to perform other ad-hoc duties or projects as requested and as experience is gained, this will include work to be undertaken as part of our Compliance Service business.
Skills, Knowledge and Expertise
- Be a critical thinker with problem-solving abilities and very good attention to detail.
- Have good interpersonal, organisational and written/oral communication skills.
- Have a good understanding of Microsoft Word, Excel, Outlook and Access and the ability and keenness to use online screening tools.
- Have an ability to accurately present information and respond to questions from groups of managers and clients on the information that has been presented.
- Education to graduate level.
- Demonstrate a willingness to learn and be committed to undertaking study of relevant courses to the AML / CDD field.
Minimum Education / Qualifications
Minimum entry requirements for this role is a graduate degree in relevant discipline such as Law, Accounting, Economics etc.
Financial Crime Analyst in London employer: Langham Hall Group
Langham Hall is an exceptional employer that prioritises employee development and offers a supportive work culture in the heart of London. As a Financial Crime Analyst, you will benefit from hands-on training and mentorship within a dynamic team, while contributing to the integrity of our operations. With a commitment to compliance and ethical practices, Langham Hall provides a meaningful opportunity for growth in the financial services sector.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Crime Analyst in London
✨Dive into Compliance Communities
Get yourself connected with local and online compliance communities, like the Association of Compliance Professionals. These spaces often host events and can provide insider info on apprenticeships in the field. Plus, networking with others in compliance can lead to job leads you wouldn't find on your own.
✨Be Present at Compliance Events
Check out seminars and workshops focused on compliance and risk management. These events are prime for meeting industry professionals and sometimes even hosting companies like Langham Hall Group. Being there puts you on the radar of potential recruiters who might be looking for passionate apprentices.
✨Showcase Your Knowledge
Create a blog or a social media profile where you share insights on compliance regulations and risk management trends. This will not only help you learn but also show potential employers that you’re genuinely interested in the field. Remember, when you apply to Langham Hall Group, having a visible online presence could really set you apart.
✨Utilise Your School’s Resources
Don’t forget to tap into your school's career services! They often have connections with companies looking for apprentices, including Langham Hall Group. Plus, they'll help you polish up your interviewing skills and give you tips on how to stand out while searching for that perfect apprenticeship.
We think you need these skills to ace Financial Crime Analyst in London
Some tips for your application 🫡
Show Your Interest in Compliance:In your cover letter, make sure to express why compliance and risk management excites you. Talk about any relevant coursework or projects that sparked your interest in this field—this can showcase your passion and motivation to learn more during your apprenticeship at Langham Hall Group.
Highlight Your Analytical Skills:Compliance roles need sharp analytical skills, so in your CV, emphasise any relevant experience you have with data analysis, problem-solving, or even administrative tasks. If you've tackled projects that required careful attention to detail or risk evaluation, shout about them!
Tailor Your CV Format:For an apprenticeship, a clean and straightforward CV works wonders. Focus on your education, any related internships or positions, and your skills. Make sure to include relevant certifications if you have them, like a basic understanding of legal frameworks or compliance regulations.
Let Your Personality Shine Through:Don’t be afraid to let your personality shine in your application! Apprenticeships are about growth—show us your eagerness to learn and adapt in a compliance-role at Langham Hall Group. Use your cover letter to give a bit of background on yourself and what truly drives you in terms of compliance and risk.
How to prepare for a job interview at Langham Hall Group
✨Know Your Regulations!
When prepping for an apprenticeship in compliance and risk, get familiar with the key regulations relevant to the industry. Brush up on concepts like GDPR or anti-money laundering—you might be asked to demonstrate your understanding of how these regulations impact businesses (and you'd want to impress Langham Hall Group!).
✨Show Off Your Analytical Skills
In this field, your ability to analyse data and spot potential risks is crucial. Practise with real-world examples of risk assessments and think about how you would approach certain scenarios. Be ready to discuss your thought process during the interview—this will show Langham Hall Group you have the analytical mindset they’re after!
✨Highlight Your Willingness to Learn
As an apprentice, the focus is on your potential and eagerness to develop. Be prepared to talk about specific instances where you've taken the initiative to learn something new, whether it’s related to compliance or not. Langham Hall Group will appreciate your proactive approach to personal growth.
✨Prepare for Scenario-Based Questions
Expect some scenario-based questions that simulate real compliance challenges. Get comfortable thinking on your feet and developing your reasoning for potential solutions. For example, what would you do if you discovered a compliance breach? This will help show your problem-solving skills to Langham Hall Group.
