We are seeking a detail-oriented AML Periodic Review Analyst to join a prestigious bank's Private Banking team. The ideal candidate will act as an administrator to account officers, ensuring timely delivery of Financial Crime data and supporting the first line of defence. This role requires a strong understanding of AML regulations, risk rating, and customer due diligence (CDD) processes. This role is hybrid and is based in Mayfair.
To be eligible to apply for this role:
- You must have experience of performing periodic reviews for low, medium and high-risk clients.
- You must be able to accept a permeant role without need for sponsorship.
Key Responsibilities:
- Prepare World Check, Adverse Media, and Risk Rating reports for account officers.
- Assist with 'trigger events' on accounts requiring remediation.
- Manage and ensure timely completion of periodic reviews for high, medium, and low-risk accounts.
- Support the preparation of Periodic Review processes, ensuring accurate transaction review and account monitoring.
- Update customer information in the Equation system and ensure it reflects the correct risk status.
- Assist account officers in clearing customer transaction alerts flagged by the AML Transaction Monitoring team.
- Prepare monthly statistics on completed and outstanding periodic reviews.
- Cross-train with other departments as required.
Essential Qualifications & Experience:
- A university degree (minimum UK 2:1 or equivalent).
- Proficiency in Excel for accurate reporting.
- Knowledge of AML regulations, CDD, EDD guidelines, and FCA's PEP Guidance.
- Familiarity with customer screening/compliance applications such as Thomson Reuters World-Check.