Our client is a leading corporate and institutional bank with international exposure. They are looking for a Sanctions and Transaction Monitoring Officer on a contract basis. Primary responsibility will be to deal with transaction monitoring and sanction screening alerts, covering both automated and manual monitoring.
Use subject matter expertise to improve/enhance CEMEA Transaction Monitoring (TM) & Sanctions capability
Review and investigate Transaction Monitoring & Sanctions alerts for potentially
suspicious customer/account behaviour
Reviewing alerts that potentially involve PEPs
Escalating cases to t h e CEMEA MLRO as required.
Complete ad-hoc or periodic reviews of clients and account activity
Ensure that an updated knowledge/awareness of industry developments around TM &
Sanctions Screening is maintained.
Ensure TM outcomes inform periodic/event driven reviews of customer risk via the KYC Feedback loop
Maintain collaborative working relationship with key stakeholders in branch and across the bank, including 2LoD, 3LoD, CA/CMs and counterparts in Europe.
Maintain competency to perform AML 1TM analyst role including completing relevant
Complete ad-hoc tasks or project-based work as required by the TM lead or function.
Supporting governance around alert handling processes
Strong sanctions screening competence.
AML qualification preferable, but not mandatory – demonstrable experience is key
PC skills proficiency in Microsoft applications, including Word and advanced use of Excel
Good awareness of FCA expectations of transaction monitoring in CIB and Markets environment
Demonstrable awareness of UK good practice for AML/CTF transaction monitoring
Fluent in English – both oral and written
Strong sanctions experience is a must.
Transaction monitoring experience in a UK corporate and institutional banking environment
Good working knowledge (as a user) of an automated transaction monitoring system
Knowledge of conducting negative news searches and usage of Adverse media tools
Identifying high risk factors and recommend solutions
Strong interpersonal and communications skills, both oral and written.
Structured, well organised with ability to multi-task.
Self-starter and capable of working independently.
Ability to handle challenging and sensitive situations in a confidential and professional manner.
Responsible and takes ownership of tasks.
Rutherford is a boutique search firm that specialises in legal, financial crime and compliance recruitment within the financial services and legal sector, with London and New York being the main focus. We use our carefully curated relationships, networks and market knowledge to find the best fit for the clients in hand. We work with a wide range of clients, spanning from advisors, corporate and commercial banks, brokers, exchanges, MTFs and financial tech, through to global investment managers, hedge funds, private equity firms and investment banks.