At a Glance
- Tasks: Conduct AML investigations and analyse transaction data to identify financial crime risks.
- Company: Join a leading global banking organisation with a focus on compliance and innovation.
- Benefits: Competitive daily rate, hybrid working model, and opportunities for professional growth.
- Other info: Fast-paced environment with opportunities to contribute to global initiatives.
- Why this job: Make a real impact in the fight against financial crime while developing your skills.
- Qualifications: 2-3 years in AML or financial crime with strong analytical and communication skills.
The predicted salary is between 30000 - 40000 £ per year.
6 month contract, £390 per day inside IR35
London | Hybrid
We are working with a Global Banking Organisation seeking an experienced AML Analyst / Financial Crime Operations professional to join a growing team within the Transaction Monitoring and Investigations function.
Key Responsibilities
- Undertake Level 1 and Level 2 AML alert reviews for both manual and automated transaction monitoring alerts
- Conduct end-to-end case investigations, including gathering transactional data, account information, and open-source intelligence
- Analyse transactional behaviour to identify potential financial crime risk and suspicious activity
- Liaise with Relationship Managers and internal stakeholders to obtain supporting information for investigations
- Make clear, risk-based recommendations to close or escalate cases to senior review (Level 3)
- Support Business-As-Usual (BAU) AML operations across multiple workflows
- Perform Quality Control (QC) checks on closed cases to ensure regulatory and internal standards are met
- Support alert allocation, prioritisation, and workflow management
- Manage whitelisted and closely monitored customer populations
- Monitor AML investigation mailboxes and support operational queries
- Contribute to Management Information (MI) reporting and operational insights
- Support Quality Assurance (QA) activities with team leads
- Assist in updates to AML policies, procedures, and internal control frameworks
- Provide input into global financial crime, technology, and analytics initiatives
- Participate in projects and working groups across the wider Compliance function
Key Skills & Experience
- 2–3+ years’ experience in AML, financial crime, compliance, or transaction monitoring
- Experience within a global bank, consultancy, or regulatory environment
- Strong understanding of AML regulations and financial crime typologies
- Experience in transaction monitoring, alert handling, or investigations
- Strong analytical and investigative mindset with excellent attention to detail
- Ability to assess risk and make clear, defensible decisions
- Strong communication skills with experience engaging stakeholders (e.g. RMs, compliance teams)
- Ability to work effectively in a fast-paced, regulated environment
- Strong organisational skills with ability to manage multiple priorities
AML Analyst employer: Magnit Global
Join a leading Global Banking Organisation as an AML Analyst, where you will be part of a dynamic team dedicated to combating financial crime. With a strong focus on employee development and a collaborative work culture, this role offers competitive pay and the flexibility of a hybrid working model in London. You'll have the opportunity to enhance your skills in a fast-paced environment while contributing to meaningful projects that shape the future of compliance.
StudySmarter Expert Advice🤫
We think this is how you could land AML Analyst
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
✨Utilise Temp Agencies Specialised in Finance
Reach out to temp agencies that focus on the banking sector. They often have strong ties with various firms and can help you secure short-term gigs that can help beef up your CV and get your foot in the door at firms like Magnit Global.
✨Connect with Alumni from Your Uni
Don't underestimate the power of your university’s alumni network. Many former students are working in banking and can help you find temporary roles or even offer mentorship. Reach out directly or attend alumni events to broaden your circle.
✨Stay Active on Job Boards and Company Websites
Keep your eyes peeled on job boards specifically for finance roles. Companies like Magnit Global might post temporary positions directly on their sites, so make sure to apply there too. Set alerts to catch those roles the moment they go live!
We think you need these skills to ace AML Analyst
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at Magnit Global will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Magnit Global. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Magnit Global confidence in your short-term commitment to the role.
How to prepare for a job interview at Magnit Global
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with Magnit Global.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Magnit Global that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
