Financial Crime Business Banking Specialist

Posted 4 days agoViewed

💎 Seniority level: Significant experience

📍 Location: UK

💸 Salary: 34650.0 - 40000.0 GBP per year

🔍 Industry: Financial Crime

🗣️ Languages: English

⏳ Experience: Significant experience

🪄 Skills: Analytical SkillsComplianceProblem-solving skillsStrong communication skillsRisk ManagementFinancial analysisFinance

Significant experience in a similar role within business banking
Extensive subject matter expertise in Fincrime with a strong understanding of policies and regulations
Significant experience in conducting complex fincrime investigations on business accounts with limited or no supervision to resolution
Strong working knowledge on: Due diligence on Corporate Ownership including complex beneficial ownership
Strong understanding of tax evasion and avoidance typologies and frauds

Completing due diligence on Corporate Ownership including complex beneficial ownership
Proficiency in preparing and submitting Suspicious Activity Reports (SARs) to relevant authorities and completing SAR Reviews carried out from our seniors
Approvals and Multi party authority for our high risk tasks inc. cheques for business accounts
Complete Customer Risk Assessments on a weekly basis
Review and verify customer documentation, ensuring accuracy and completeness in accordance with plausibility and regulatory standards
Sharing emerging risks and trends you spot with and helping work through solutions with our relevant stakeholders
Providing specialist knowledge in regards to Business Banking Financial Crime and delivering coaching to more junior investigators

Posted 4 days ago

📍 UK

🧭 Full-Time

💸 34650.0 - 40000.0 GBP per year

🔍 Financial Services

🏢 Company: Monzo👥 1001-5000💰 Secondary Market 6 months ago🫂 Last layoff almost 5 years agoFinancial Services Banking Wealth Management FinTech

🔧 Requirements

You have significant experience in a similar role within business banking
You’ve got extensive subject matter expertise in Fincrime with a strong understanding of policies and regulations
You’ve got significant experience in conducting complex fincrime investigations on business accounts with limited or no supervision to resolution
You have a strong working knowledge on: Due diligence on Corporate Ownership including complex beneficial ownership Deep knowledge on Share Capital Structures of different structures including share classes to effectively work these tasks Understanding structure of non profit organisations, including complex beneficial ownership,charities, trusts, foundations, clubs and societies Strong understanding of tax evasion and avoidance typologies and frauds

💡 Responsibilities

Completing due diligence on Corporate Ownership including complex beneficial ownership
Proficiency in preparing and submitting Suspicious Activity Reports (SARs) to relevant authorities and completing SAR Reviews carried out from our seniors
Approvals and Multi party authority for our high risk tasks inc. cheques for business accounts
Understanding structure of non profit organisations, including complex beneficial ownership,charities, trusts, foundations, clubs and societies
Complete Customer Risk Assessments on a weekly basis
Review and verify customer documentation, ensuring accuracy and completeness in accordance with plausibility and regulatory standards
You’ll communicate both directly with our customers and with colleagues in customer support to ensure we get the right outcomes
Sharing emerging risks and trends you spot with and helping work through solutions with our relevant stakeholders
Providing specialist knowledge in regards to Business Banking Financial Crime and delivering coaching to more junior investigators
Providing product and process feedback to the teams supporting their business area, to ensure there is a constant flow of feedback from the operation into the teams that own our tools and risk

ComplianceRisk Management

Posted 4 days ago