Trainee Financial Crime Prevention Analyst Apprenticeship
Interactive Investor, United Kingdom
Job Description
WHO WE ARE:
interactive investor is an award-winning investment platform that puts its customers in control of their financial future.
We’ve been helping investors for over 25 years. We’ve seen market highs and lows and been resilient throughout. We’re now the UK’s number one flat-fee investment platform, with assets under administration approaching 55 billion and over 400,000 customers.
For a simple, flat monthly fee we provide a secure home for your pensions, ISAs, and investments. We offer a wide choice of over 40,000 UK and international investment options, including shares, funds, trusts and ETFs.
We also bring impartial, expert content from our award-winning financial journalists, highly engaged community of investors, and daily newsletters and insights.
WHAT WE STAND FOR:
It’s simple we want our customers to feel confident and in control, for interactive investor to go from strength to strength, and for ii to be a workplace where we can all thrive. Our customer-driven approach and bold values sit at the heart of this. We are honest, straight-talking, and transparent with our customers and our colleagues. We are decisive and take ownership of what we say and deliver. We are ambitious and passionate about what we believe is right for our customers, our teams, ourselves, and interactive investor.
ABOUT THE ROLE:
Reporting to the Financial Crime Prevention Manager, this entry-level role is responsible for providing direct support to the business on Financial Crime, Anti-Money Laundering and Market Abuse. The Trainee Financial Crime Prevention Analyst role ensures compliance with the appropriate regulations, policies and procedures in order to mitigate these risks to the business and clients.
KEY RESPONSIBILITIES/WHAT YOU’LL DO:
As well as ensuring all daily tasks and monitoring are completed, the role is responsible for:
- Review suspicious transaction reports from across the business, undertake investigations and take mitigating actions if necessary
- Nominated Bank Account approvals Reviewing Nominated Bank change requests that do not pass electronic validation and carrying out further checks e.g. voice matches
- Market Abuse Monitoring - review customer trades to identify potential Insider Dealing or Market Manipulation, referring suspicions appropriately
- Transaction Monitoring reviewing customer deposits, withdrawals and trading activity, establishing when further action is needed e.g. Enhanced Due Diligence (EDD)/Scope of Work request or Money Laundering report to Compliance
- Reviewing EDD and Scope of Work EDD evidence received from customers, establishing if the account activity is in line with a customer’s overall wealth
- Identifying High Risk Customers, including Politically Exposed Persons and creating High Risk Packs for Compliance sign off
Salary: 26,500
Assessment centre dates: April 2024
Start date: Monday 2nd September 2024
Please note, this role can be based in our Leeds or Manchester office.
ABOUT THE APPRENTICESHIP:
As a Trainee Financial Crime Prevention Analyst, you will develop the technical knowledge plus the professional skills and behaviours to work within our exciting and fast-paced Risk and Control team, gaining valuable work experience plus achieving a qualification through a structured apprenticeship programme to kick-start your career.
Through the level 3 Compliance Risk Officer apprenticeship, you will learn the skills required to ensure the business meets legislative and regulatory requirements. This training will be provided by Fitch Learning, who will deliver the apprenticeship. Within your development program, you will learn and grow technical knowledge in the following areas:
- Understanding of the risk and compliance framework, the industry, and the organisation
- Understanding of policies and procedures specific to the role, e.g. operational risk, financial crime, conduct risk, and data security
- Competency in the systems, tools and processes specific to the role
By the end of the apprenticeship, you will achieve yourLevel 3 Compliance Risk Officer apprenticeship plus you will gain a professional globally recognised qualification with the Chartered Institute for Securities and Investment (CISI) or International Compliance Association (ICA). Typically, the apprenticeship will take around 1518 months to complete.
Requirements
PERSONAL ATTRIBUTES:
STRAIGHT TALKING | MOVING WITH SPEED | OWNING THE OUTCOME
- High standard of written and verbal communication and good attention to detail
- Ability to manage difficult conversations
- Understanding of the regulatory environm