Summary: The role of AML/KYC Officer involves supporting the Bank in identifying risks associated with customers during onboarding and throughout their lifecycle. The position requires accurate completion of Client Due Diligence checks and transaction monitoring, alongside ensuring compliance with the Bank's policies. Candidates should possess knowledge of UK banking regulations, particularly in financial crime legislation, and have experience in AML/KYC assessments within financial services.

Key Responsibilities:

• Support the Bank in identifying customer risks during onboarding and throughout the customer lifecycle.
• Complete Client Due Diligence checks (Low, Medium & High Risk) on new and existing customers.
• Conduct day-to-day transaction monitoring activities.
• Undertake client reviews to ensure compliance with the Bank’s policies and protocols.
• Apply knowledge of UK banking regulations and financial crime legislation in real-time customer scenarios.
• Raise PEP and sanctions issues as appropriate.
• Maintain excellent attention to detail and a flexible working approach.

Key Skills:

• Previous experience in an AML/KYC financial crime assessment role within financial services.
• Knowledge of UK banking regulation and handbooks, particularly in financial crime regulation and legislation.
• Understanding of the Money Laundering, Terrorist Financing and Transfer of Funds Regulations (2017) and Criminal Finances Act (2017).
• Experience with Standard and Enhanced Due Diligence processes and complex business structures.
• Familiarity with PEP & Sanctions requirements.
• Knowledge of source of funds and source of wealth requirements.
• Understanding of Conduct Risk and Treating Customers Fairly relevant to Asset Finance/Real Estate lending and Deposits is desirable.
• Excellent attention to detail and a flexible working approach.

Salary (Rate): £30,000.00

City: Leicester

Country: United Kingdom

Working Arrangements: hybrid

IR35 Status: fixed-term

Seniority Level: Mid-Level

Industry: Finance