Compliance and risk (c&r) analyst - united kingdom, peterborough, cambridgeshire

role: compliance and risk (c&r) analyst

reports to: deputy money laundering reporting officer (dmlro)

location: peterborough (hybrid working)

role purpose

the c&r analyst is responsible for supporting the business comply with the requirements of all applicable anti money laundering (aml) legislation and other regulatory requirements and travelex s internal standards. the c&r analyst will report to and work closely with the dmlro, reporting any suspicious activity for escalation to the (deputy) money laundering reporting officer ((d)mlro).

the c&r analyst will specifically be responsible for aml detection and compliance within our uk retail business. the role will be required to monitor pre-set levels and parameters related to financial transactions, manage alerts and cases from compliance systems and tools and identify behaviors that deviate from the norm and escalate suspicions as required. they will also be required to investigate and analyse suspicious activity reporting and make recommendations on what action is required.

key accountabilities:

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 financial crime and report to the relevant bodies on the supervision of the mlro or dmlro.

receive and review reports 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 compliance alerts and cases within the sla s and timeframes required.

monitor the compliance of business operations with aml regulations including training statistics and error rates.

identify, review and escalate any potential peps and sanctions matches and take appropriate action.

investigate and respond to law enforcement and third party request in compliance with all applicable data privacy laws and regulations.

review and update risk assessments, policies, processes and procedures to ensure compliance with all applicable requirements

produce meaningful management information for reporting to the mlro and senior management.

knowledge and skills:

essential

aml experience and/ or knowledge applicable to financial services including accreditation, sanction and pep screening, transaction monitoring, suspicious activity reporting.

understanding of risk management processes & procedures

have the ability to approach problems in a thorough and logical manner

case management, resolution and communication

ability to translate research and analysis into well-reasoned recommendations that inform the decision making process

excellent communication and analytical skills

able to present solutions and influence final decision of line manager and key stakeholders

intermediary to advanced excel skills

a committed team player

manages and plans own workload

desirable

aml qualification such as ica certification or similar

previous experience in policy writing

previous experience in process / procedure writing

risk management experience

why travelex?

to remain the world s leading foreign exchange specialist, we are focused on making our customers lives simpler, more engaging and hassle free while they travel or move money abroad. we promise to give them the freedom and peace of mind to explore the world, their way - enabling them to travel confidently because they know they have us to lean on.

customer centricity and digital are at the heart of our business strategy. our commitment to innovation has never been greater, with the development of a number of digital-first, greenfield products and services. and with the travelex's resources, deep industry experience and leading brand we are inventing the future of fx, cross-border e-commerce and international payments.

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

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