Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Conduct due diligence and monitor transactions to prevent money laundering.
- Company: Join a leading financial institution committed to compliance and integrity.
- Benefits: Enjoy flexible working options and opportunities for professional growth.
- Why this job: Make a real impact in the fight against financial crime while developing valuable skills.
- Qualifications: No prior experience required; just a keen interest in finance and compliance.
- Other info: Ideal for detail-oriented individuals looking to start a career in finance.
The predicted salary is between 36000 - 60000 £ per year.
Key Responsibilities:
- Conduct Enhanced Due Diligence (EDD) on High-Risk/PEP customers.
- Perform name screening, transaction screening, and transaction monitoring.
- Ensure compliance with AML/KYC regulations and escalate non-compliance issues.
- Review new and existing accounts for due diligence.
- Conduct Level 1 review of name screening alerts and high-risk payments.
- Respond to operational queries and support business functions.
- Investigate and resolve escalated issues with stakeholders.
- Manage workflows, discount alerts, and maintain the name screening system.
- Identify and report suspicious transactions as per escalation protocols.
- Stay updated on regulatory changes and financial crime developments.
- Support fraud investigations, payment screening, and transaction monitoring as needed.
- Participate in ad hoc projects and provide administrative support.
Anti-Money Laundering Specialist employer: UK Bank
Contact Detail:
UK Bank Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Anti-Money Laundering Specialist
✨Tip Number 1
Familiarise yourself with the latest AML/KYC regulations and guidelines. This will not only help you in interviews but also demonstrate your commitment to staying updated in a rapidly changing field.
✨Tip Number 2
Network with professionals in the financial crime prevention sector. Attend industry events or join relevant online forums to connect with others who can provide insights and potentially refer you to opportunities.
✨Tip Number 3
Gain practical experience by volunteering for projects related to compliance or fraud investigation. This hands-on experience can set you apart from other candidates and show your proactive approach.
✨Tip Number 4
Prepare for situational interview questions by thinking of specific examples from your past experiences where you successfully handled compliance issues or resolved escalated problems. This will showcase your problem-solving skills effectively.
We think you need these skills to ace Anti-Money Laundering Specialist
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in anti-money laundering and compliance. Use keywords from the job description, such as 'Enhanced Due Diligence', 'KYC regulations', and 'transaction monitoring' to catch the employer's attention.
Craft a Strong Cover Letter: In your cover letter, explain why you are passionate about combating financial crime and how your skills align with the responsibilities listed. Mention specific examples of your past work that demonstrate your ability to conduct due diligence and manage compliance.
Showcase Relevant Skills: Highlight any certifications or training related to AML/KYC regulations. If you have experience with name screening systems or transaction monitoring tools, be sure to mention these as they are crucial for the role.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is essential for an Anti-Money Laundering Specialist.
How to prepare for a job interview at UK Bank
✨Know Your AML Regulations
Familiarise yourself with the latest Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations. Be prepared to discuss how these regulations impact your work and how you ensure compliance in your previous roles.
✨Demonstrate Analytical Skills
As an Anti-Money Laundering Specialist, strong analytical skills are crucial. Prepare examples of how you've conducted Enhanced Due Diligence (EDD) or resolved complex issues in past positions, showcasing your problem-solving abilities.
✨Showcase Your Communication Skills
You'll need to communicate effectively with various stakeholders. Practice articulating your thoughts clearly and concisely, especially when discussing how you would respond to operational queries or escalate non-compliance issues.
✨Stay Updated on Industry Trends
Keep abreast of recent developments in financial crime and regulatory changes. During the interview, mention any relevant news or trends that could affect the role, demonstrating your commitment to staying informed in this ever-evolving field.
