AML Analyst

45000.00 - 50000.00 GBP Annual + GBP45000 - GBP50000/annum + excellent benefits
07 Apr 2017
23 Apr 2017
Contract Type
Full Time
We are currently recruiting for an AML Analyst for a Retail Bank based in Northamptonshire. This is a fantastic opportunity to really grow with the business and develop your career. This is a prestigious organisation who recruit professional and driven candidates. You will need to have strong Analytical AML skills with KYC along with strong communication skills.

Below is an overview of the role:

Key Responsibilities:

-Client on-boarding, on-going monitoring (periodic) review and risk assessment by Relationship Managers (RMs) including full KYC information and supporting documentation and challenge.
-Review client risk assessment forms to determine the AML risk categorisation of new and existing clients in line with AML Policy and Procedures.
-Investigating potential sanctioned matches and adverse information identified through payment screening and transaction monitoring. Discounting and escalating confirmed matches to the head of the team in a timely manner.
-Scrutinising of transactions during the business relationship as part of ongoing due diligence and ensuring that client data held on file are up to date. Escalating suspicious and unusual transactions to the head of the team in a timely manner.
-Undertaking AML/KYC screening using RDC and other relevant services. Investigating politically exposed persons (PEPs) and associated parties, sanction alerts and negative press.
-Liaising with RMs to ensure that client files are of suitable quality to allow consideration of continuing the relationship and meeting regulatory requirements.
-Undertaking training for Relationship Managers and Assistants regarding changes to KYC and AML procedures.
-Develop and maintain positive relationships with key stakeholders, Risk and Compliance, Senior Executive and Group Sanctions

For more information about this role please send your CV and contact Esther at Satarah Recruitment Ltd