Anti-Money Laundering Specialist
Anti-Money Laundering Specialist

Anti-Money Laundering Specialist

Luton Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Conduct investigations and ensure compliance with AML/KYC regulations daily.
  • Company: Join a leading financial institution dedicated to combating financial crime.
  • Benefits: Enjoy flexible working options, competitive pay, and professional development opportunities.
  • Why this job: Make a real impact in the fight against money laundering while growing your career.
  • Qualifications: No prior experience needed; just a keen interest in finance and compliance.
  • Other info: Perfect for students looking to gain valuable experience in the financial sector.

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

As an Anti-Money Laundering Specialist with us, you'll join a forward-thinking organisation that prioritises compliance and integrity in the financial sector. Our collaborative work culture fosters continuous learning and professional development, ensuring you have ample opportunities to grow your skills while making a meaningful impact. Located in a vibrant area, we offer competitive benefits and a supportive environment that values your contributions and encourages innovation.
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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 at StudySmarter.

✨Tip Number 3

Prepare for situational interview questions by thinking of specific examples from your past experiences where you successfully identified suspicious transactions or resolved compliance issues. This will showcase your practical knowledge and problem-solving skills.

✨Tip Number 4

Stay informed about recent trends in financial crime and fraud investigations. Being able to discuss current events or case studies during your interview can set you apart as a knowledgeable candidate who is passionate about the field.

We think you need these skills to ace Anti-Money Laundering Specialist

Knowledge of AML/KYC regulations
Enhanced Due Diligence (EDD) expertise
Transaction monitoring skills
Name screening proficiency
Attention to detail
Analytical thinking
Problem-solving abilities
Strong communication skills
Ability to manage workflows
Familiarity with financial crime developments
Experience in fraud investigations
Proficiency in compliance reporting
Stakeholder management
Adaptability to regulatory changes

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 demonstrate your suitability for the role.

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 experiences where you conducted due diligence or resolved compliance issues.

Showcase Relevant Skills: Emphasise your analytical skills and attention to detail, as these are crucial for an Anti-Money Laundering Specialist. Provide examples of how you've successfully managed workflows or investigated suspicious transactions in previous roles.

Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your professionalism and attention to detail, which is essential in this field.

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 Attention to Detail

Highlight your ability to manage workflows and maintain accuracy in name screening systems. Discuss specific instances where your attention to detail helped identify suspicious transactions or prevent compliance issues.

✨Stay Updated on Industry Trends

Research recent developments in financial crime and regulatory changes. Being knowledgeable about current trends will demonstrate your commitment to the field and your proactive approach to staying informed.

Anti-Money Laundering Specialist
UK Bank
U
  • Anti-Money Laundering Specialist

    Luton
    Full-Time
    36000 - 60000 £ / year (est.)

    Application deadline: 2027-03-28

  • U

    UK Bank

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