AML & Financial Crime Associate

Who we are

United by a sense of purpose towards our customers – to be a trusted partner for the long-term – and our universal banking platform in EMEA, SMBC Group has an international growth agenda and award-winning products, meaning we provide exciting opportunities to work on a diverse range of projects and initiatives. We deliver a full suite of corporate finance products and solutions to our customers as well as investment banking and advisory services, and a range of innovative solutions in global capital markets. Read on to find out how you could enhance your skills and gain valuable experience, by joining us to support our clients transition to a sustainable future.

Role Summary

Is the next step in your career at SMBC Group EMEA? We’re looking for a KYC Team Analyst for our Financial Crime Middle Office to join our team. 

To act within the first line of defence, in the three lines of defence model. The role is designed to  protect the Bank by identifying Financial Crime and Sanctions risks associated with the onboarding of new clients into the Bank, and conducting periodic due diligence on all existing clients, using a risk based approach

Business Area

OAD - Financial Crime, Middle Office

Position Description

• Analyse FO submissions via EIC and ACCORD for new client onboarding or client periodic reviews, ensuring adherence to the CPD AML / CTF Standards, regulatory guidance and internal policies.  Where necessary ensuring timely escalation to the relevant second line for further advice and guidance.
• Where required participate in the on the job training of new staff to the team, ensuring that they obtain a full understanding of the systems used as part of their role and the policies and procedures to be followed. 
• Participate as directed in the remediation of files identified as requiring additional work by the Compliance Monitoring reviews, ensuring that the remediation is fully completed within the allowed timescale and any issues are escalated as soon as identified.
• Proactively contribute to improved Departmental performance, by identifying weaknesses / inefficiency in systems, workflow and processes, suggesting enhancements and quantify the efficiency gains, be that from a financial perspective, or from a customer experience / security aspect.

Experience & Qualifications

• The role requires a good understanding of the regulatory framework associated with Financial Crime / Sanctions / AML and to keep abreast of the changes to this.
• Previous experience of working within a CDD team in a financial institution would be a benefit
• Externally recognised qualifications in relation to AML and Customer Due Diligence are desirable, but not a prerequisite (e.g.  ICA Certificates / ACAMS)
• The role requires excellent communication skills both written and verbal and the ability to communicate complex issues and regulatory requirements to all levels of the organisation.
• Ability to collaborate and work within a team, supporting others to ensure the overall team objectives are achieved.

Competencies

What we offer

For all the expertise and experience you bring to help us make a difference, it’s only sustainable if we support you to build your career and be your best self so we offer competitive company benefits, centred around promoting positive well-bring and work-life balance. We also believe in fostering a diverse and inclusive work environment, where all team members perspectives and contributions are valued. Initiatives in place which promote a diverse and inclusive culture and healthy work life balance include hybrid working, Sport & Social Clubs and Diversity and Inclusion networks.

As an employee of SMBC you have access to a host of both useful and exciting benefit offerings. See below some of the benefits on offer to you:

• Hybrid and flexible working 
• Competitive paid leave days
• Benefits to support your physical wellbeing, including private medical insurance and life and invalidity insurance 
• Various policies to support your mental wellbeing, including a robust behavioural health network with counselling and coaching services  
• Access a wide range of learning and development opportunities and career progression opportunities 
• Ambitious remuneration package

So, if you like a challenge and want to continuously grow and develop in a role where you will be supported along the way by a dynamic and diverse team, apply today!!