Key Purpose

This is a key role responsible for managing financial crime risk through supporting a controlled, efficient, and customer-friendly onboarding process. The purpose of the role is to receive referrals from first-line operations and respond to high-risk indicators in the onboarding process. The Financial Crime Analyst role will take control of the onboarding process, gather additional data where required, and conduct a detailed assessment of the financial crime risks associated with each case to provide a final assessment as to the risk level posed.

Key Accountabilities

• Conduct thorough reviews and assessments of client risks, including detailed analysis of all relevant parties to loan transactions, source & use of funds, and source of wealth information to ensure compliance with regulatory standards.
• Undertake enhanced client due diligence processes including requesting, obtaining, and verifying appropriate documentation in line with internal policies and anti-money laundering regulations.
• Review onboarding & ongoing monitoring screening notifications related to politically exposed persons (PEPs), sanctions lists, watchlists, and adverse media reports; escalate potential matches in accordance with established procedures.
• Provide clear guidance and support to first-line operations staff regarding onboarding and prevention of financial crime queries.
• Maintain accurate and up-to-date records within the firm's systems, ensuring data integrity for audits, file reviews, and regulatory inspections.
• Assist with audits, file reviews, and regulatory inspections by preparing relevant documentation and responding promptly to information requests.
• Assist with procuring, managing, and monitoring software product providers used in the onboarding, monitoring, and financial crime prevention processes.