Role Overview
Reporting to the Director of Financial Crime Risk, the successful candidate will be part of the Banking Services AML Business Risk Management function. You will be responsible for undertaking all aspects of new client onboarding and the ongoing periodic review process, handling ad‑hoc escalations, on‑site visits and transaction monitoring alerts to proactively manage the financial crime risks posed by the firm's clients. This role manages the financial crime risks associated with LHV UK's customer base, predominantly UK and EEA regulated non‑bank financial institutions.
Responsibilities
- Liaising with relevant Relationship Managers, prospects, and clients during onboarding, periodic reviews, and throughout the client lifecycle.
- Analyzing onboarding and periodic review questionnaires and assessing the sufficiency of the financial crime programs of prospective and existing clients.
- Conducting risk assessments of prospective and existing clients using the Customer Risk Assessment model, qualitative assessment, target reviews, onsite visits, transaction monitoring results, and escalations.
- Managing and maintaining the process for all aspects of CDD and EDD at onboarding and periodic review, driving the process to completion.
- Undertaking independent economic sanctions, PEP, and adverse media screening on clients and applicable associated parties.
- Conducting onsite visits to assess clients’ financial crimes programmes and evaluate risks to the firm.
- Identifying high or unacceptable risk areas and assessing suitability of clients subject to the Special Interest Client and Excessive Fraud programmes.
- Producing management information on onboarding, periodic review, transaction monitoring, onsite visits, and the client portfolio.
- Presenting case summaries, client escalations, and management information to senior audiences, including the AML Committee, as required.
- Fostering positive ongoing engagement with internal and external stakeholders and clients.
- Undertaking assigned Business Risk Management project work or related tasks as directed by the Director of AML Business Risk.
Qualifications
- Experience in a CDD or EDD function within a financial services firm.
- Strong experience of correspondent banking or payment intermediaries, including e‑money institutions.
- Ability to analyse client documentation, including organisational charts and complex ownership structures, to identify beneficial ownership and assess the sufficiency of policies and procedures.
- Experience liaising with the business regarding key AML matters.
- Knowledge of relevant regulations and guidelines, particularly the Money Laundering Regulations 2017, Proceeds of Crime Act 2002, Terrorism Act 2000, and the SAR reporting regime.
- Excellent written and oral communication skills.
- Superb attention to detail.
- Ability to develop, implement, and enhance processes.
- Passion for a positive compliance culture.
- Ability to work to deadlines and under pressure while managing multiple priorities.
Benefits
- Competitive salary and opportunities for professional growth.
- Open and inclusive culture.
- Hybrid working.
- Modern offices and a great working environment.
- Vitality Health Plan (private health insurance, travel insurance, gym discounts).
- Health cash Plan (Medicash Health Plan Level 3).
- 6 % employer pension contribution.
- Life assurance – 4 × salary.
- Income protection insurance – 75 % coverage.
- 28 days holiday plus 3 additional days and further days for key life events; option to sell up to 5 days per calendar year.
- Swap public/bank holidays each year for alternative days aligning with personal, cultural, or religious observances.
- Enhanced family‑friendly and family‑forming policies.
- Access to a wide range of retail discounts.
- Team socials.
