Financial Crime Specialist, EDD

Role Overview

• Lead the completion of EDD reviews, leveraging Financial Crime expertise to assess and mitigate risks.
• Proactively identify and understand factors contributing to high-risk profiles, utilising local intelligence and conducting annual refreshes.
• Conduct thorough reviews of transaction monitoring (TM) information and comprehensive customer background checks.
• Demonstrate a deep understanding of corporate business structures, operations, and financial flows.
• Perform in-depth, full transactional analysis to identify unusual patterns, cash-based money laundering, investment fraud, and other potential Financial Crime indicators.
• Apply this understanding to sector-specific caveats, including examples such as Russian oligarchy.
• Effectively manage relationships with various internal and external stakeholders, providing insightful analysis and recommendations.
• Produce high-quality, articulate, concise, and clear reports to document decisions and rationale.

Requirements

• Significant, relevant experience in Financial Crime.
• Possess comprehensive industry knowledge, full transaction analysis and a Financial Crime understanding across all industries.
• An ICA Diploma (or equivalent professional qualification) is highly desirable, particularly for senior risk management roles.
• Strong knowledge and practical application of the Proceeds of Crime Act (POCA) and other relevant Financial Crime regulations.
• Proven ability to make sound, timely decisions based on complex information and risk assessments, often on behalf of the business.
• Excellent written communication skills are paramount for producing clear, concise, and defensible reports, summaries, and rationales.
• Experience working with and leveraging specialist SMEs within the business is a mandatory requirement.