Description

Key purpose

• Identification of fraudulent applications through referral reviews at onboarding stage and ongoing monitoring throughout the client life cycle.
• Execution of reviews into Source of Wealth (SOW) and Know Your Customer (KYC) investigations.
• Support Transaction Monitoring tasks including report development, and analysis of withdrawal and deposit activity together with other salient transactional activities related to client behaviour.

Key responsibilities

• Reviewing escalated financial crime and fraud alerts for Savings account applications.
• Identifying higher risk clients through investigation and manage the associated Jira dashboard to monitor higher risk clients.
• Identifying suspicious activity on client accounts and investigating to determine whether an internal SAR is required.
• Spotting emerging financial crime trends and typologies and recommending changes to controls and/or processes to mitigate the risks.
• Supporting the Fincrime team with the collation of Management Information for reporting to Committees.
• Providing financial crime training and guidance to other departments across the bank such as the client servicing team.

Essential experience

• A keen eye for spotting suspicious or unusual activity.
• An understanding of retail banking and related fraud and financial crime risks.
• Experience of using financial crime and fraud prevention technology in retail Banking, ideally LNRS solutions such as Risknarrative.
• A desire to learn more about fraud and financial crime and continued development in the role.

Personal skills

• Able to communicate potentially complex financial crime matters in a concise and clear manner.
• Able to work alone or as part of a team efficiently and effectively.
• A pragmatic thinker, capable of interpreting information and presenting arguments in a clear and reasoned way.
• Attention to detail and a high level of diligence.

This role requires the successful candidate to be in the London (Cavendish Square) office a minimum of 1 day per week.

Our Values

Our culture and values align with our mission to truly understand and offer exceptional service to our clients.

The Monument team are all here because we are passionate about building so much more than a bank. We want to be renowned for giving people a service experience that leaves them in no doubt that we appreciate what their time and lives are worth.

We will be known for our integrity, attentiveness, sense of community and innovation. We build strong relationships through trust and a keen eye for detail. Our commitment and collaboration delivers an attentive and outstanding service offering. All combined with our community, both internal and external, our approach to diversity and our pursuit for innovation, we will help our clients and colleagues to do more and be more.

Together we are building something monumental.

If this sounds interesting, please send your CV via the Email us link below.