Financial Crime Officer

  • Location


  • Discipline:

    Financial Crime & Fraud

  • Job type:


  • Salary:

    £50,000 pa

  • Email:


  • Job ref:


  • Published:

    9 months ago

Financial Crime Officer required to sit within the Bank’s mortgage lending business carrying out a broad range of financial crime responsibilities within Financial Crime Operations.

 Key Responsibilities

  • Support the lending team’s financial crime decision making, including when it is appropriate to request an EDD report or escalate matters to the second line financial crime team
  • Undertake PEPs and Sanctions Screening
  • Managing Dow Jones alerts
  • Ongoing monitoring and periodic reviews
  • Management and oversight of customer risk assessments, categorisation, and ongoing management
  • Reviewing SIRA matches and ensuring adequate reporting of fraud
  • Providing training, knowledge and support to lending teams on financial crime matters
  • Develop, improve, and promote AML and CDD processes within the first line
  • Act as the lending team’s initial point of contact for advisory support and guidance on AML regulatory requirements, regulatory change and emerging risks
  • Help with the review and update of CDD and EDD related processes and associated procedures
  • Identify ways in which the Bank can achieve operational efficiencies, enhance broker and customer satisfaction, and reduce financial crime risk across our AML and CDD processes
  • Assist with the implementation of risk management programs/frameworks while identifying and minimising negative impacts on the business,

Required knowledge and experience:

  • Three years minimum AML experience within a bank or other financial services organisation
  • Knowledge of UK and EU AML and ATF legislative and regulatory requirements and expectations
  • Familiarity with the AML/ATF risk associated with various products, customers and jurisdictions
  • Understanding AML risk assessments and the application of risk-based methodologies
  • Knowledge of the Sanctions regime
  • Experience in assessing both simple and complex financial crime risk associated with both individual customers and complex company structures, charities and trusts.

Desirable knowledge and experience:

  • Experience working within the mortgage sector, and if possible within firms that utilise intermediary distribution channels;
  • Relevant professional qualifications such as ACAMS, ICA or equivalent preferred

Please note, should feedback not be received within 28 days, due to the large volume of applications; unfortunately, your application has been unsuccessful. However, I may be in touch with similar relevant opportunities in the future.