A leading UK bank is looking for a Financial Crime Associate to join its growing Financial Crime team.

This is a great opportunity for someone early in their Financial Crime career who wants to develop within a highly regarded bank, gaining strong exposure to clients, Relationship Managers and more complex Financial Crime Risk.

The role

The team assesses the Financial Crime Risk posed by new and existing clients, either when the bank is considering taking on a new relationship or when an existing client is subject to a trigger event review.

You’ll act as an initial triage point for the wider team, reviewing cases, understanding the nature of the client and identifying what further assessment may be required.

Your role will include:

• Assessing the Financial Crime Risk associated with new and existing clients.
• Reviewing Money Service Businesses (MSBs) and Third Party Payment Providers (TPPs) and determining whether they fall within scope of enhanced due diligence requirements.
• Reviewing incoming cases and gathering additional information where required.
• Working closely with Relationship Managers to understand clients and their business models.
• Supporting Senior Associates and escalating more complex cases through the team.
• Attending client meetings and site visits, giving you direct exposure to the businesses you’re assessing.
• Developing broader knowledge across Financial Crime Risk and governance.

What we’re looking for

This could be an excellent move for someone in their second or third role since university who has developed a good grounding in Financial Crime and is looking for a role with considerably more exposure and room to develop.

You’ll ideally have:

• Around 2+ years’ Financial Crime Risk experience, ideally within the First Line.
• An understanding of MSBs and/or Third Party Payment Providers.
• The ability to assess risk and understand different client business models.
• A strong academic background.
• Excellent written and verbal communication skills.
• Confidence working with Relationship Managers and other business stakeholders.
• A curious, proactive approach and genuine appetite to learn.

There is a lot to learn in this role, with excellent exposure across the bank and good opportunities for career progression as you develop your Financial Crime Risk experience.

London | Hybrid working – 2 days per week in the office

Applicants must be located and eligible to work in the UK without sponsorship. Please note, should feedback not be received within 28 days, unfortunately your application has been unsuccessful. In applying for this role, you may be registered on our database so we can contact you about suitable opportunities in future. Your data will be managed in accordance with our Privacy Policy, which can be found on our website. If you would like this job advertisement in an alternative format, please contact MERJE directly.