Compliance & Risk Analyst - AML

10 May 2019
21 May 2019
Contract Type
Full Time
We're looking for Compliance & Risk Analyst to join us in our Anti-Money Laundering team based in PeterboroughReporting into the Deputy Money Laundering Reporting Officer (DMLRO), you will be responsible for ensuring that the business complies with the requirements of all applicable anti money laundering legislation and Travelex’s internal standards. You will work closely with the DMLRO to report any suspicious activity for escalation to the Money Laundering Reporting Officer (MLRO). You will specifically be responsible for AML detection within our UK business. You will be required to monitor pre-set levels and parameters related to financial transactions, manage alerts and cases from systems and tools and identify behaviors that deviate from the norm and escalate suspicions as required. It will also be required that you investigate and analyze suspicious activity reporting from the business and make recommendations on what action is required.

To be successful in this role you will be looking for a step into a Compliance career. You will have a passion for learning, as well as some basic knowledge and understanding of compliance and risk, either through a recent university degree, or transferable knowledge from previous roles. This is a junior role where you will be given support to develop and grow.

How you'll make an impact:Ensure AML checks are completed for all transactions utilising the tools and systems available at Travelex.Analyse Transaction Monitoring alerts to establish instances and sources of attempted money laundering and report to the relevant bodies on the supervision of the MLRO or DMLRO.Receive and review referrals from the business and then gather information and supporting documentation to determine any required next steps if suspicious activity apparent during the review of a referral submit a Suspicious Activity Report (SAR).Manage alerts and cases within the SLA’s and timeframes required.Monitor the compliance of business operations with AML regulations.Identify, review and escalate any potential PEPs and Sanctions matches and take appropriate action.Investigate and respond to Law Enforcement and third party request.Produce meaningful Management Information for reporting to the MLRO and senior management.We tend to look for people with:AML experience and/ or knowledge applicable to financial services (desirable)Understanding of risk management processes & procedures (desirable)Have the ability to approach problems in a thorough and logical mannerCase management, resolution and communicationAbility to translate research and analysis into well-reasoned recommendations that inform the decision making processExcellent communication and analytical skillsAble to present solutions and influence final decision of line manager and key stakeholdersIntermediary to Advanced Excel skillsA committed team player Manages and plans own workloadAbout TravelexAt Travelex we are focused on making our customers’ and partners lives simpler, more engaging and hassle free. Travelex is the World’s largest foreign exchange bureau, with Retail and Travelex is on a mission to transform itself into a leading FinTech organisation through the development of a number of digital-first, greenfield products and services. You'll be working like a start-up with the financial stability and expertise of a business in operation for over 40 years.We have over 9000 employees globally and are continuing to expand our business, so now is a very exciting time to be joining a dynamic and ever-changing environment.

What’s in it for you?You’ll be welcomed into a high-performing team and as part of our deal, we offer a competitive package, a company culture of change and continuous improvement, a challenging and rewarding work environment with a genuine opportunity to develop – all in exchange for your commitment to great performance and going beyond for our customers, our colleagues, and for Travelex.

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

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