AML Consultant

Please note: This is a full-time, 6-month fixed term contract and the successful candidate must be available to start in early January 2026.

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. It is through obtaining our own banking and payment licenses, the acquisition of two banking platforms and access to 16+ liquidity providers that we are able to proposition a trailblazing FinTech payment infrastructure that simplifies our customers diverse business needs and reduce their costs. There is no doubt that we are a major player and differentiated ourselves in a continuously evolving and competitive industry. With 500+ employees, Moneycorp prides itself in attracting some of the world’s top talent and the people who work at Moneycorp are truly behind its continued success. As Moneycorp continues to expand into new territories, there are considerable opportunities for growth for newcomers and the learning possibilities are endless. We welcome you to be part of a team which has a passion for the business, all within a collaborative and supportive working environment that has ultimately translated to a unique exciting business.

Job Profile

This role focuses on reviewing and clearing sanctions, PEP, and adverse media alerts with accuracy and within defined SLAs, while conducting enhanced due diligence where required. You’ll manage escalations, ensure quality through peer reviews, and maintain audit‑ready documentation using screening tools and open‑source research. The position requires strong AML screening experience, attention to detail, and proficiency with major screening platforms, supporting compliance with regulatory standards and continuous process improvement.

Key Responsibilities

• Alert Handling (Primary): Review and disposition sanctions, PEP, and adverse media alerts with high accuracy and within SLA. Distinguish false positives vs. true matches using defined matching criteria (name matching, DOB, geography, fuzzy thresholds). Conduct enhanced due diligence (EDD) where needed and document rationale clearly.
• Escalation & Quality: Escalate potential true matches or complex cases to 2LOD/DMLRO/MLRO with precise summary notes. Apply four‑eye controls (where required) and peer QA to ensure consistency. Remediate QA findings and contribute to continuous improvement.
• Research & Screening Tools: Use screening and research tools (e.g., open‑source information, OFSI, OFAC, LexisNexis). Validate PEP classifications and media severity/relevance.
• Documentation & MI: Record decisions in case management systems with clear rationales and evidentiary links (screenshots, URLs). Contribute to MI/metrics (volumes, hit rates, true match rates).
• Policy & Control: Adhere to Sanctions, PEP, Adverse Media, Name Screening, EDD, and Record Retention policies. Apply Risk Appetite and escalation triggers consistently.
• Risk & Regulatory Awareness: Keep up to date with relevant UK/EU/OFAC sanctions updates and FCA expectations (SYSC, JMLSG guidance). Identify control gaps and propose improvements (match rules, thresholds, keyword lists, stop words).

Skills & Experience Required

• 2–5 years AML screening experience in sanctions / PEP / adverse media alert clearance within financial services or fintech.
• Proficiency with at least one major screening platform such as LexisNexis, World‑Check, Dow Jones, Bridger / Firco / Actimize, Accuity (LexisNexis advantageous).
• Strong understanding of sanctions regimes (HMT / UK OFSI, EU, OFAC; UN—awareness of extraterritorial considerations).
• PEP/RCA frameworks, role materiality, risk tiering.
• Adverse media taxonomy (severity, reliability, recency, relevance).
• Demonstrable false positive reduction capability and consistent SLA delivery.
• Excellent investigative writing and documentation skills—audit‑ready rationale, clear escalation summaries.
• Attention to detail, data hygiene, and comfort handling high volumes.

Please note: This is a full‑time, 6‑month fixed term contract with an opportunity to work hybrid within the Risk & Compliance team based in our London (Victoria) 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. With a makeup of 47 percent female employees, Moneycorp has a remarkably diverse workforce. Our commitment to inclusion and opportunity continues to evolve and improve as we listen and engage with our diverse teams. All qualified applicants will receive consideration for employment without regard to age, colour, family or medical care leave, gender identity or expression, genetic information, marital status, medical condition, national origin, political affiliation, status as an individual with a physical or mental disability status as an individual with a protected veteran status, race, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable laws, regulations and ordinances. Moneycorp believes that diversity is critical to our success in helping Corporate and Private Clients with their FX and International Payments requirements across the world and is committed to creating an inclusive, mutually respectful environment which celebrates diversity. We hire on the basis of talent, merit, competence, performance, and business needs.