At a Glance
- Tasks: Join OANDA’s AML team to ensure new client onboarding meets regulations and legal requirements.
- Company: OANDA, a leading financial services provider with a commitment to inclusivity.
- Benefits: Competitive salary, flexible working hours, and opportunities for professional growth.
- Other info: Join a supportive team focused on innovation and continuous improvement.
- Why this job: Make a real impact in compliance while developing your skills in a dynamic environment.
- Qualifications: 2+ years of experience in account applications and strong knowledge of AML regulations.
The predicted salary is between 31500 - 38500 £ per year.
Join OANDA’s AML team as part of the onboarding process across Europe and BVI Divisions.
The role ensures new client onboarding complies with regulations and legal requirements, supporting OANDA’s continued growth.
Responsibilities
- Conduct onboarding AML decisions and risk assessments, exercising discretion and judgement to conduct appropriate investigations.
- Review and assess individual new account applications.
- Review and assess corporate new account applications, including determination of ultimate beneficial owners and verification of discrepancies with the Central Register of Actual Beneficiaries (CRBR).
- Review and assess Professional and Experienced classification requests.
- Review and assess new Affiliates/IBs.
- Act as SME and point of referral/escalation for PIU updates, deceased clients, closing accounts, joint accounts, power of attorney, application anomalies, Mi FIDII data mis‑matches.
- Ensure adherence to local regulations (e. g. FCA, MFSA) and relevant AML laws by following procedures.
- Maintain an appropriate audit trail and documentation evidencing each onboarded applicant or query.
- Serve as local point of escalation for referrals or suspicions, and when necessary refer to the Team Manager for further review and investigation.
- Operate efficiently to meet personal variable volume and qualitative targets.
- Identify areas for development in operations, systems and training needs.
- Perform other duties as required.
Qualifications
- Minimum 2years of experience processing new account applications for individuals and corporates.
- Excellent decision‑making, time‑management and organisational skills.
- Strong written and verbal communication skills in English; solution‑focused mindset.
- Extensive knowledge of UK and EU regulations and AML obligations.
- AML‑focused with a firm grasp of the purpose of regulatory and legal requirements.
- Enquiring mind with AML risk recognition and problem‑solving skills; attention to detail.
- Ability to perform well under pressure and maintain a client‑centric approach.
- Ability to work independently and multitask with minimal supervision.
OANDA is committed to creating an inclusive and accessible environment for everyone.
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AML Associate employer: OANDA Europe Ltd.
Join a forward-thinking FinTech company that values innovation and compliance, offering a hybrid work environment that balances professional growth with personal commitments. As a Head of CASS, you will be part of a dynamic Finance & Accounting team that fosters collaboration and encourages continuous learning through industry forums and training events. With a strong focus on employee development and a culture that prioritises integrity and excellence, this role provides a unique opportunity to make a meaningful impact in the financial services sector.
StudySmarter Expert Advice🤫
We think this is how you could land AML Associate
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like OANDA Europe Ltd.. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace AML Associate
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to OANDA Europe Ltd..
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on OANDA Europe Ltd.'s website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at OANDA Europe Ltd.
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with OANDA Europe Ltd..
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at OANDA Europe Ltd. will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former OANDA Europe Ltd. employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
