At a Glance
- Tasks: Investigate economic crimes and ensure compliance with anti-money laundering regulations.
- Company: Unity Trust Bank, dedicated to safeguarding against financial crime.
- Benefits: Fixed-term role with a hybrid work model and opportunities for professional growth.
- Other info: Join a supportive team focused on knowledge sharing and career development.
- Why this job: Make a real difference in protecting customers and the bank from financial threats.
- Qualifications: Experience in KYC/CDD or financial crime investigations is essential.
The predicted salary is between 30000 - 40000 £ per year.
At Unity Trust Bank, we are committed to protecting our customers and the bank from financial crime. The Ongoing Monitoring Team plays a key role in ensuring compliance with anti‑money laundering regulations and safeguarding against financial crime threats.
Key Responsibilities
- Conduct full KYC/CDD reviews for a wide range of non‑personal entities, including Limited Companies, Charities, Trusts, Foundations, Clubs/Societies, and Religious Organisations.
- Analyse existing customer information and identify documentation gaps based on entity type, risk profile, and regulatory requirements.
- Collate, assess, and verify CDD documentation such as ownership structures, governance frameworks, and business activity details.
- Perform open‑source research (OSINT) using Companies House, Charity Commission, and other reputable sources to validate customer information.
- Carry out PEP, Sanctions, and Adverse Media screening, documenting outcomes and escalating high‑risk cases where appropriate.
- Review transactional activity and historic alerts to identify anomalies, inconsistencies, or red flags linked to money laundering, fraud, bribery, corruption, sanctions breaches, or reputational risk.
- Engage directly with customers via phone and email to request information, clarify details, and progress cases efficiently.
- Produce clear, risk‑focused assessments and recommend mitigation actions or customer exit where required.
- Maintain accurate, audit‑ready records aligned to internal controls and quality standards.
- Support knowledge sharing and capability building across the wider Economic Crime teams.
What We’re Looking For
- Experience in KYC/CDD, financial crime investigations, or a related risk/compliance role.
- Strong analytical skills with the ability to interpret complex information and identify risk indicators.
- Confidence in managing your own workload and making sound, independent decisions.
- Excellent communication skills, both written and verbal, with the ability to engage customers professionally.
- A proactive approach to risk awareness and a commitment to Treating Customers Fairly.
Economic Crime Investigator employer: Unity Trust Bank
At Unity Trust Bank, we pride ourselves on being an exceptional employer that values integrity and teamwork. Our Birmingham-based Economic Crime Investigator role offers a hybrid working model, fostering a supportive work culture that prioritises employee growth through continuous learning and development opportunities. Join us to make a meaningful impact in safeguarding our customers while enjoying a collaborative environment that champions diversity and innovation.
StudySmarter Expert Advice🤫
We think this is how you could land Economic Crime Investigator
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its values. Understand their approach to economic crime and think about how your skills align with their mission. This will help you stand out as a candidate who truly gets what they’re about.
✨Tip Number 3
Practice your responses to common interview questions, especially those related to KYC/CDD and financial crime investigations. Use the STAR method (Situation, Task, Action, Result) to structure your answers and showcase your experience effectively.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team at Unity Trust Bank.
We think you need these skills to ace Economic Crime Investigator
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Economic Crime Investigator role. Highlight your experience in KYC/CDD and any relevant financial crime investigations. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about combating financial crime and how your background makes you a great fit for our team. Keep it professional but let your personality show through.
Showcase Your Analytical Skills:In your application, be sure to mention specific examples where you've used your analytical skills to identify risks or solve problems. We love seeing how you’ve tackled complex information and made sound decisions in the past.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at Unity Trust Bank!
How to prepare for a job interview at Unity Trust Bank
✨Know Your KYC/CDD Inside Out
Make sure you brush up on your knowledge of KYC (Know Your Customer) and CDD (Customer Due Diligence) processes. Be ready to discuss specific examples from your past experience where you've successfully conducted these reviews, especially for non-personal entities like charities or companies.
✨Show Off Your Analytical Skills
Prepare to demonstrate your analytical prowess by discussing how you've identified risk indicators in previous roles. Think of a few scenarios where you spotted anomalies or red flags and be ready to explain your thought process and the actions you took.
✨Communicate Like a Pro
Since you'll be engaging with customers directly, practice your communication skills. Be clear and concise in your responses, and think about how you can explain complex information in a way that's easy for others to understand. Role-play with a friend if you can!
✨Be Ready for Real-World Scenarios
Expect situational questions that test your decision-making skills. Prepare to discuss how you'd handle high-risk cases or what steps you'd take if you found inconsistencies in customer information. Show them you're proactive and can think on your feet!
