Financial Crime Analyst (12 month FTC)
Interactive Investor, United Kingdom

Reporting to the Financial Crime Prevention Manager, the role is responsible for providing direct support to the business on Financial Crime, Anti-Money Laundering and Market Abuse.

The role ensures compliance with the appropriate regulations, policies and procedures in order to mitigate these risks to the business and clients.

As well as ensuring all daily tasks and monitoring are completed the role is responsible for:

• Undertaking complex Fraud and Market Abuse investigations.
• Identification of Politically Exposed Persons and other High-Risk Customers, assisting Compliance with ongoing monitoring of such customers.
• Approval of Nominated Bank accounts and withdrawals, balancing fraud and ML risks.

Requirements

KEY ACCOUNTABILITIES:

TECHNICAL CAPABILITIES:

• CISI Level 3 certificate in Financial Crime or equivalent desirable. If qualification not held, willingness to study required.
• Knowledge of Fraud and Money Laundering investigations.
• Advanced problem solving skills, able to analyse large volumes of data, identifying issues and providing solutions before assessing their effectiveness.
• Thorough understanding of relevant legal and regulatory requirements relating to Financial Crime.

CORE CAPABILITIES:

• Ability to independently undertake complex Fraud and Market Abuse investigations, including liaison with clients, external contacts, public authorities, government and law enforcement agencies.
• Be the first contact point for risk advice, process guidance and system knowledge to both external and internal customers on financial crime.
• Reporting and recording of all instances of fraud to CIFAS.
• Identifying Politically Exposed Persons (PEPs) and other High Risk Customers, requesting and evaluating Source of Wealth/Funds information where appropriate. Assisting the Compliance team with ongoing monitoring of such customers.
• Manual approval of Nominated Bank details for withdrawal, balancing Fraud and ML risks on a case by case basis.
• Make informed risk decisions and effectively and credibly debate and challenge management recommendations within your role in line with the approved Risk Appetite Framework

CUSTOMER SERVICE

• Provide support and act as key contact to all areas of Interactive Investor in regards to Fraud, Money Laundering and Market Abuse.

CONTROL (RISKS, FINANCIALS, PROCESSES)

• Maintain the first line of defence by ensuring Financial Crime Prevention Department adherence to business processes and procedures that are designed to meet the regulatory standards set out in the relevant FCA rules and guidance.
• Reporting of all financial crime or suspected money laundering to line manager / Compliance where required.
• Reporting and recording of all instances of fraud to CIFAS and SIRA.
• Independently prepare and oversee the CIFAS amp; SIRA Annual Audit.
• Maintain the first line of defence by operating risk controls assigned to the individual and ensuring team adherence to business processes and procedures that are designed to meet the regulatory standards set out in the relevant FCA rules and guidance, with particular reference to CASS regulation

LEADERSHIP

• Build and maintain relationships with key internal and external contacts in order to assist in Financial Crime matters. Demonstrate professionalism and integrity with all stakeholders
• Escalate promptly any identified sanction breaches or breaches to money laundering policy/regulations to the appropriate regulatory body and line manager.

CHANGE

• Assist in Financial Crime specialist projects and represent Financial Crime in Process Work Groups and business projects. Act as a point of contact on any issues that have a financial crime impact or regulatory risk and prioritise its remediation
• Use the training and competence scheme to maintain the appropriate knowledge, skills and expertise to carry out the role competently.

KNOWLEDGE, SKILLS, EXPERIENCE REQUIRED:

• High standard of written and verbal communication and good attention to detail. With the ability to manage difficult conversions.
• Understanding of the regulatory environment and the standards required for client protection.
• Highly motivated, proactive individual able to manage your own workload and take initiative to manage deadlines.
• Advanced organisation skills with the ability to work under pressure handling multiple tasks with changing priorities.
• Understanding of financial crime risk management across Fraud, AML and Market Abuse.
• Advanced emotional resilience with the ability to

Job Rewards and Benefits