At a Glance
- Tasks: Analyse and investigate potential financial crimes to protect the organisation from risks.
- Company: Join a leading firm dedicated to compliance and integrity in finance.
- Benefits: Competitive salary, professional development, and a chance to make a real difference.
- Other info: Ideal for Isle of Man residents looking for impactful career opportunities.
- Why this job: Be at the forefront of fighting financial crime and safeguarding the community.
- Qualifications: 3-4 years in compliance with experience in anti-fraud and money laundering.
The predicted salary is between 35000 - 45000 £ per year.
NOTE: This role is not open to Relocation or Sponsorship. Isle of Man residents are eligible to apply.
To conduct surveillance, analyse and investigate customers with respect to potential terrorist financing and money laundering related to bribery, corruption, other 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.
Qualifications
- National 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.
Key Outputs
- 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 employer: Standard Bank of South Africa Limited
As a Financial Crime Analyst on the Isle of Man, you will join a dynamic team dedicated to upholding the highest standards of compliance and integrity within the financial sector. Our company fosters a collaborative work culture that prioritises employee development, offering opportunities for continuous learning and professional growth in a supportive environment. With a focus on meaningful work that directly impacts the community, we provide our employees with the tools and resources needed to excel in their roles while enjoying the unique advantages of living and working in this vibrant location.
Contact Details:
Standard Bank of South Africa Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Financial Crime Analyst
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Standard Bank of South Africa Limited looking for candidates who are engaged and informed.
We think you need these skills to ace Financial Crime Analyst
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Standard Bank of South Africa Limited. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Standard Bank of South Africa Limited
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Standard Bank of South Africa Limited’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
