AML Analyst

Who We Are

Moneycorp is a thriving dynamic business with an excellent reputation helping Corporate and Private Clients with their FX and International Payments requirements for over 40 years. As a globally expanding business, our footprint covers UK & Ireland, Europe, USA, Canada, Hong Kong, UAE, and Brazil! With our extremely rare single IBAN multi-currency account, we are able to assist with a variety of different payment needs, including business payment solutions, personal payments abroad (for example buying a property), travel money, as well as the ability to offer interest on deposits. Supplementing this, we also support the global supply chain of wholesale banknotes through our Financial Institutions Group (FIG) and partnership with the US Federal Reserve Bank, to build deeper payment relationships with international banking customers.

Your Next Challenge

We are looking for a highly collaborative and conscientious Anti Money Laundering (AML) Analyst to join our vibrant Compliance Operations Team at Moneycorp based in our Coventry office. Reporting into the Operations Team Leader, this pivotal role will see you support the Compliance Operations Team with day to day management of the AML Compliance duties including Know Your Customer (KYC), Counter Terrorist Financing (CTF) and will be responsible for carrying out general companywide AML compliance policies and procedures whilst working closely with a number of key business areas within the Group including in-country front offices and in-country compliance officers and MLROs.

Key Accountabilities:

• Adherence to AML regulations, policies and procedures
• Review and authorise new client accounts, ensuring that internal policies and procedures are followed, and full KYC has been carried out
• Ensure that clients are classified appropriately and that the service provision is consistent with this classification
• Ensure periodic reviews are conducted in line with internal policies and procedures and that they are conducted timely and following a trigger event.
• Compile SAR reports for the relevant Group business review/ submission.
• Liaise with regulatory, legal and banking representatives as required
• Provide subject specific training to relevant departments as required
• Keep up to date with the market place
• Attend seminars and training as appropriate
• Keep up to date with relevant AML developments in all applicable jurisdictions
• Keep up to date with relevant Regulatory developments in all applicable jurisdictions

Monitoring

• Conduct monitoring tasks as required

Project work

• Assist with ad hoc projects as required

Maintain and update records

• Ensure that all documentation, including client forms, is kept up to date
• Ensure AML Compliance procedures and Compliance Operations manuals are maintained and updated as required

Knowledge and Experience:

• Background in compliance
• Strong knowledge AML rules and guidance
• Keeps up to date with the market

Skills and Competencies:

• The ability to work under pressure in a fast paced environment
• Good organisational skills including prioritisation
• Clear communicator, both verbal and written
• Proficient in Microsoft Office suite of applications

Personal Attributes:

• Professional
• Approachable and personable
• Personal drive
• Determined and persistent
• Self-motivated
• Team player
• Demonstrates a positive "can do" attitude at all times

The successful candidate will be part of a dynamic team and work in a fast-paced environment, catering to a diverse mix of stakeholders with varying needs. Therefore, the ideal candidate should be a self-starter, as there is an opportunity to make an immediate and tangible contribution to the business.

Please note: This is a full-time, permanent position with an opportunity to work hybrid within the Operations team based in our Coventry office.

What you get in return:

This role offers a competitive salary, plus a benefits package including private medical health insurance.

Diversity and Inclusion

Moneycorp is proud to be an Equal Opportunity employer. Across our Group, Moneycorp maintains a philosophy that an inclusive company culture inspires creativity, fosters a sense of belonging, and is imperative to both personal and professional growth. Our commitment to inclusion and opportunity continues to evolve and improve as we listen and engage with our diverse teams.