Analyst, Financial Crime Compliancenew

Job Description

To conduct in-depth investigations, inclusive of  high-risk Politically Exposed Persons (PEPs) or  Politically Influential Persons (PIPs), related to terrorist financing, money laundering, bribery, corruption, other predicate offences or other suspicious activity, 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.

• Stay abreast of money laundering and terrorist financing trends and typologies to utilise this information during high profile investigations to create awareness around new modus operandi and to identify potential risks.
• Continuously maintain an understanding of policies, processes, procedures and systems and review the said with the view to find better ways to execute tasks, improve systems, improve training material, improve MLS performance and to influence Group Standards.
• Conduct in-depth investigations into money laundering and terrorist financing activities, Politically Exposed Persons (PEPs), Politically Influential Persons (PIPs) or Tip-Offs. Conduct enhanced analysis (analysing and evaluating complex account transactions and relationships) research and transaction monitoring to identify and analyse suspicious activities. 
• Assess the independent risk profiles of clients as a second line-of-defence, in relation to consequential risks. Understand the banking source and target systems and interpret the output in the surveillance, investigation and analysis processes.
• Investigate various requests (Regulatory, etc.) requests to identify suspicious activities relating to money laundering and terrorist financing. Assess the independent risk profiles of clients in relation to consequential risks. Conduct in-depth research and perform data analytics to identify patterns and trends consistent with money laundering, terror financing, and other types of suspicious activity.
• Analyse all information related to alerts and/or instructions received, via any method or form, to detect possible money laundering; terrorist financing; tax evasion; sanctions breaches, exchange control contraventions and any other legislative breaches.

Qualifications

• First Degree Commerce, Finance, Accounting or any other relevant field
• 3-4 years experience in the realm of Anti-Fraud, Bribery, Market Abuse, Money Laundering and Combatting Financing of Terrorism Surveillance, Analytics and Investigation.
• Experience in bank processes, products and systems. 
• Experience in dealing with different stakeholders at different levels both internal and external. 
• Demonstrate knowledge and understanding of risk management, methodologies, tools, governance structures and regulatory requirements for good management of risk.

Additional Information

Behavioural Competencies:

• Articulating Information
• Checking Things
• Developing Expertise
• Following Procedures
• Interacting with People
• Interpreting Data
• Managing Tasks
• Meeting Timescales

Technical Competencies:

• Compliance
• Financial Industry Regulatory Framework
• Fraud Detection and Management
• Legal Compliance
• Promote Good Governance, Risk & Control
• Risk Management