Banking Compliance Associate - 3 month FTC

20000.00 - 20001.00 GBP Annual
16 Jul 2021
13 Aug 2021
Employer Sector
Accountancy Practice
Contract Type
Full Time
I'm currently recruiting for a banking compliance associate to join our globally recognised banking client for a 3month FTC based in Harrow.

Main responsibility is to look at existing client accounts and undertake on-going Due Diligence on Low/Medium and High Risk Accounts. This would involve a full understanding of onboarding Process/Periodic reviews of accounts including PEP accounts. Good knowledge of financial crime related compliance functions is expected.

Your role will involve:

Review retail and corporate accounts and undertake enhanced due diligence

Review transactions for financial crime concerns including AML, Sanctions and Fraud

Undertake investigations and follow up with stakeholders to resolve any issues

Monitor accounts to check if fraudulent transactions are taking place and action required

Undertake on-going Due Diligence on High Risk and Medium Risk accounts

Any other projects and tasks assigned by the department head from time to time

You will need to have :

Knowledge of UK Banking regulations

Knowledge of banking and financial services sector in the UK

Good experience of business and operations in different areas of the bank

Background in KYC, AML, Sanctions, Fraud and ABC

Knowledge of retail and commercial banking products

Urgently recruiting - please get in touch if you are looking for a role with an immediate start

Similar jobs

Similar jobs