Job Details

Financial Crime CDD Senior Risk Analyst

London, Tyne and Wear, United Kingdom, Permanent

Posted: 5 hours ago


Financial Crime (CDD) Senior Risk Analyst - UK&I - Risk Management - Permanent - Newcastle


Within the professional services environment, the application of risk management procedures is fundamental to the successful delivery of our client services and promotion of our brand.

My clients Risk Managers (RMs) promote and support risk management within the business. RMs aim is to uphold our business standards, maintain and enhance the value of the firm, and ensure that, its Partners and staff comply with regulations imposed either by external regulators or in relation to the conduct of our business.

Financial crime risks relating to anti-money laundering (AML), terrorist financing, anti-bribery controls, sanctions compliance and fraud are a high focus for regulated businesses and external scrutiny as regulation and practice continues to evolve. As a result, they are building a centralised Customer Due Diligence (CDD) team to support financial crime compliance with respect to client acceptance procedures.

The opportunity

The new Central CDD team supports Partners and staff in the execution of and compliance with Global, Regional and local risk management policies and procedures, including financial crime, data protection and the development, maintenance, communication and training of key RM policies, providing advice on complex risk matters and monitoring the application of these policies.

There is an opening in the team for a new Risk Associate. The main purpose of the role is to ensure the firm's compliance with applicable legislation by performing first line compliance processes and providing support to staff in the Service Lines in connection with financial due diligence checks.

Your key responsibilities

You will, as a Risk Associate, be a key part of a Central CDD team "Pod" of approximately six members, performing financial crime due diligence on potential and actual clients of covering money laundering, terrorism and sanctions compliance. The work involves all first line financial crime client acceptance and continuance procedures for the UK and Ireland business. Responsibilities include:

  • Perform risk based financial crime due diligence on actual and potential clients of the Firm in accordance with policy and procedure
  • Encourage client facing staff to engage with the Central CDD Team
  • Suggest improvements in the review and maintenance of client on-boarding and monitoring procedures, assess engagement risk and update and amend as necessary
  • Assist junior team members in performing their roles
  • Other tasks, as directed by the Pod manager and Central CDD Team Senior Manager

Skills and attributes for success

  • You will have good communication skills capable of dealing with wide range of staff, including Partners
  • Ability to establish and maintain a high degree of confidentiality and credibility at all levels
  • Strong team player and proven ability to work with others.
  • Ability to solve problems creatively and effectively.
  • Enthusiastic, positive and resilient.
  • Ability to work well under pressure and to tight deadlines in a demanding environment
  • Maintains high levels of accuracy and attention to detail

To qualify for the role you must have

  • Previous experience working in anti-money laundering or Sanctions compliance applying controls in a sophisticated business environment.
  • A high degree of competency in verifying different client types using publicly available resources and subscription services
  • Education to degree standard will be an advantage.

Job Details

London, Tyne and Wear, United Kingdom