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Trade Finance ? Senior Associate Transaction Monitoring ? Negotiable
Our client is currently looking for a Trade Finance Senior Associate to join their newly formed team who will be responsible for Transaction Monitoring. Duties will include due diligence process, AML, Financial Crime awareness, sanction checking for reviewing behavioural and transactional activities and is required to analyse such information, ensuring efficient identification of suspicious activities and /or transactions. The Senior Associate is also responsible for second checking and release of all activities processed by the Analyst and Associates, including initial due diligence processing and is further required to ensure the Banks Client Prioritisation Matrix is adhered to, and due diligence is carried out in line with the requirements of the Bank and the UK regulatory authorities in the prevention of financial Crime and anti-money laundering.
Responsibilities include but are not limited to:
? Conduct in-depth analysis and investigation of all transactions referred and reviewed by the Analyst and Associates.
? Conduct in-depth analysis and investigation of all system-generated alert
? Participate in Transaction Monitoring and Financial Crime projects and initiatives as required
? Assist with transaction monitoring related queries
? Investigate, review and refer where appropriate any transaction monitoring and sanctions related alerts
? Ensure proper investigation of suspicious transactions or money laundering alerts.
? Obtain documentary evidence of all investigations and ensure effective record keeping
? Adhering to the banks policies and procedures
? Ensure all issues and escalations are resolved in a timely and efficient manner in line with the banks policies and procedures
? Apply expertise in transactional monitoring and provide guidance and training for junior staff and other business areas within the bank when needed
? Assist with development and training
? Carry out monthly, quarterly, or as and when needed reconciliation of the banks sanctions screening lists against those published by Compliance
? Assist with the preparation of and distribution of Management Information Reporting
? Assist in the creation, development and review of departmental processes and procedures.
Skills and knowledge:
? Knowledge of the UK anti-money laundering and financial crime regulatory framework (essential).
? Ability to research, investigate and analyse complex transactions (essential).
? Demonstrates a good level of understanding of the due diligence process and triggers for enhanced due diligence (essential).
? General understanding of market place transaction monitoring, anti-money laundering issues and suspicious activity (essential).
? Minimum two years experience in Transaction Monitoring/Compliance/AML (essential).
? Strong ability to understand business unit specific financial crime, anti-money laundering risks and ability to make recommendations to mitigate risks (essential).
? Minimum one years experience in an operations area such as Trade Services and/or Banking Services and/or Operations (desirable).
? Good communication skills.
? Certificate in International Trade Finance (desirable).
? Able to work independently and effectively within a team environment.
? UK / Internationally recognised certificates in anti-money laundering and financial crime (desirable).
Able to work independently and effectively within a team environment
Please send a coy of your CV to Barbara@bhal.co.uk or call on 0207 972 9460
Mobile: 07768 863242
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