AML / CDD Analyst

AML/CDD Analyst

£25,000 - £40,000/annum

About us

Twentyone is a new Financial Services brand that offers Business Accounts and Merchant Services to clients in the Isle of Man, Channel Islands, United Kingdom and Europe. Twentyone was created because we realised just how outdated the legacy financial systems are and recognised that this was a much needed solution for all businesses. Most business account services are slow, archaic and fail at meeting basic client needs, from bloated fee structures to poor communication, minimal transparency and a lack of understanding of the developing business landscapes. They don’t understand their client’s requirements or business foundations and have no reason to adapt, often turning them away from having an account at all. Twentyone is bringing down the walled garden.

The Role

We have an exciting opportunity for an experienced AML/CDD analyst to join our team. You will be responsible for analysing data and information to identify potential money laundering and other suspicious activities and to ensure the Business is fully compliant with all applicable laws and regulations.

Duties and responsibilities

• Providing AML/CDD/KYC/KYB analysis of individual customers and clients.
• Undertaking research, document checks, and financial crime risk assessment via internal and external sources.
• Performing screening.
• Detecting and report suspicious activity including the predicate offenses to money laundering and terrorist financing.
• Ensuring all documents submitted for CDD are in line with internal policies.
• Reviewing and analysing customers’ transactions for evidence of money laundering, fraud, or other illegal activities.
• Identifying and analyse alerts generated by the monitoring system in order to identify potentially suspicious activity.
• Escalating any red flags and potential risks as appropriate.
• Handling sensitive or confidential information.
• Acting as the escalation point and ensuring the cases of anti-financial crime matters, including anti-money laundering, sanctions, fraud, data privacy/cyber-security, and other regulatory inquiries, have been investigated, resolve and/or escalated when necessary, in timely manner.
• Working on escalated alerts or tickets and complying with the expected times of resolution.
• Participating and collaborating with management as needed in projects, testing and implementation of new processes.
• Participating on ad-hoc requests for training, projects or process improvement, etc, if needed from management.

Expectations

• Excellent communication skills and ability to communicate positively, effectively, and efficiently.
• Prior experience in risk/AML/KYC/compliance/anti-financial crime in a financial institution.
• Knowledge of AML and sanctions regulations (eg. JMLSG, ML regulations, OFAC, POCA etc.).
• Experience in operating a variety of internal and external systems and databases in order to complete investigations.
• An ability to review policies and procedures and advise if changes are required when necessary.
• Ability to present a summary and proposed conclusion to management in a timely and clear manner, including proposals to implement appropriate steps to mitigate risk and/or monitor it.
• Ability to work together with multiple teams.
• Ability to multitask and prioritise.
• Ability to work well under pressure and tight timeframes.
• Willingness to work different shifts.

Shift work

You need to be comfortable working shifts. We are a global business that services customers internationally, 24/7. This role includes three types of shifts on a rotation basis. Morning shift: 06:00 - 14:00, Afternoon shift: 14:00 - 22:00 and Evening shift: 22:00 – 06:00. The rota is split in 28-day cycles. Each cycle consists of 20 working days and 8 days off and it always contains only one type of shift. Each cycle always finishes with 4 days off, which we call the rest days. The remaining 4 days off are flexible and can be taken anywhere in the 20 days working period of one cycle. The shifts are set a few months ahead.

There is a salary range based on skill level between £25,000 and £40,000, this is depending on your level of experience.

Job Type: Full-time

Salary: £25,000.00-£40,000.00 per year

Ability to commute/relocate:

• Manchester: reliably commute or plan to relocate before starting work (required)

Education:

• GCSE or equivalent (preferred)

Shift availability:

• Day shift (required)
• Night shift (required)
• Overnight shift (required)

Work Location: One location