At a Glance
- Tasks: Analyse and investigate financial activities to combat money laundering and terrorist financing.
- Company: Join Standard Bank Offshore, a leading player in Africa's financial services sector.
- Benefits: Gain valuable experience in compliance and work with talented professionals.
- Other info: Opportunity for career growth in a dynamic and supportive environment.
- Why this job: Make a real impact in the fight against financial crime while growing your career.
- Qualifications: 3-4 years in compliance with a focus on anti-fraud and money laundering.
The predicted salary is between 40000 - 50000 £ per year.
Standard Bank Offshore is the offshore arm of the Standard Bank Group, a leading Africa focused financial services group, and an innovative player on the global stage. Our international Banking, Lending, Investment, Fiduciary and Wealth Management services offer a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients range from individuals to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa and SBO is perfectly positioned to support the growth of our organisation from our office in the Isle of Man, Jersey, London, MAUs and South Africa.
To conduct surveillance, analyse and investigate customers with respect to potential terrorist financing and money laundering related to bribery, corruption, another predicate offences or other suspicious activity, based on System and Manual Alerts. This is essential in order to contribute to the assurance that business is undertaken in a compliant manner to avoid operational losses, fines, penalties or reputational damage to the organisation.
QualificationsNational Certificate in Internal Audit
Experience Required:- 3-4 years experience in Compliance
- Experience in bank processes, products and systems.
- Experience in dealing with different stakeholders at different levels both internal and external.
- Experience in the realm of Anti-Fraud, Bribery, Market Abuse, Money Laundering and Combatting Financing of Terrorism Surveillance, Analytics and Investigation.
- Analyse alerts (System, Manual, Regulatory, Remittance Platform & Excon Alerts) to identify suspicious activities relating to money laundering & terrorist financing.
- Assess the independent risk profiles of clients as a second line-of-defence, in relation to consequential risks.
- Conduct in-depth research & perform data analytics to identify patterns & trends consistent with money laundering, terror financing, and other types of suspicious activity.
- Escalate trends & typologies to line management.
- Analyse all information related to alerts and/or instructions received, via any method or form, in order to detect possible money laundering; terrorist financing; sanctions breaches, exchange control contraventions and any other legislative breaches.
- Analyse all matters relating to high-risk customers containing adverse information, complex and significant issues to line management for immediate action in order to avoid operational losses, fines, penalties or reputational damage to the organisation.
- Capture findings and conclusions in the required reporting format and systems and prepare and submit outcomes as prescribed by relevant policies and procedures.
- Collaborate with the Financial Intelligence Centre to address large scale or sensitive financial crimes, as they relate to specific requests issued by the FIC.
Financial Crime Analyst in Douglas employer: Standard Bank Group
Standard Bank Offshore is an exceptional employer, offering a dynamic work environment in the Isle of Man where you can thrive alongside some of the industry's most talented professionals. With a strong commitment to employee growth and development, we provide numerous career-enhancing opportunities within our innovative financial services sector, all while fostering a culture that values compliance, integrity, and community impact.
