To will support the first line of defense within the business managing the Transaction Screening process for all live payments processed by Crown Agents Bank to ensure conformance with regulations/legislation, contributing to CAB’s program to prevent the bank from exposure to financial crime and sanctions risk.
Role Responsibilities:
- Investigate high volume payment alerts within the EastNets Safe Watch Filtering Screening tool and provide consistent detailed rationales for decision to release/reject/block
- Review mobile money transfers sanction alerts and assess whether they are permissible or require further investigation
- Liaise with clients via email where necessary to discount potential true matches
- Ensure hits/alerts are handled in accordance with defined procedures and meet standards for both quality and timeliness
- Evaluate repetitive items and conduct trend analysis with the aim of reducing the amount of false hits received
- Stay abreast of regulatory changes and AML related news, with an emphasis on OFAC, HMT, UN & EU sanctions-related developments
- Proactively identify improvements to increase efficiency and effectiveness of the process.
Qualifications
Skills/experience:
- Preferred professional qualification (e.g. ICA, ACAMS AML or equivalent)
- Minimum 2 years experience in a Sanctions/Anti Financial Crime related role
- Banking Experience - Payments/SWIFT knowledge
- Experience of working with high risk jurisdictions or emerging markets
- Knowledge/Experience in Mobile Financial Services
- Ability to manage own workload taking full responsibility for the entire investigation process from start to finish
- Maintain a high level of accuracy and attention to detail in a high volume/tight deadline driven environment
- Excellent written and verbal communication skills
- Organised with strong attention to detail
Additional Information
- 6 month fixed term contract
- Hybrid working
- Contributory personal pension plan: - Minimum: Employee 2% and Employer 7%. Employer matches contributions in 1% increments to a maximum of: Employee 5% and Employer 10%
- Life Assurance – 4 times annual salary
- Group Income Protection
- Private Medical Insurance – this may include cover for partner and or children at company cost. Cover includes Optical, Dental and Audiology
- Discretionary Bonus
- Competitive Annual Leave
- 2 Volunteering Days
- Benefit Hub