Overview
Business Compliance Control Analyst (12-month FTC) at FirstBank UK. The Curve Group is First Bank UK’s outsource partner for Recruitment and a Data Processor. First Bank UK is an equal opportunities employer and positively encourages applications from suitably qualified and eligible candidates regardless of sex, race, disability, age, sexual orientation, gender reassignment, religion or belief, marital status, or pregnancy and maternity.
Hybrid role: 3 days in the office, 2 days from home.
Key Responsibilities
* Assisting the head in maintaining accurate information on the QC M.I report checklist; creating and maintaining required Compliance MI or other information requested.
* Completing the NTB/KYC checklist, KYB Checklist and the Post-approval QC checklist of the low and medium risk reviews. This is an end-to-end task that requires all columns on these checklists to be completed adequately at all times.
* Assist with the timely update of the BRC FAQ log with points that will be considered at the next CDD procedure anniversary.
* Conducting Quality Checks (QC) on all new account opening applications received from the Relationship Managers (RMs) ensuring that full due diligence is completed and escalate any issues to the unit head.
* Providing support to the unit head in conducting QC on periodic Clients’ Due Diligence (KYB) Reviews undertaken by RMs / Business Compliance Support on all high-risk relationships to ensure compliance with the Bank’s Policy and CDD standards.
* Providing support to the unit head in conducting QC on periodic Clients’ Due Diligence (KYB) Reviews undertaken by RMs / Business Risk Review on all Treasury & Market, Low and medium risk relationships to ensure compliance with the Bank’s Policy and CDD standards.
* Conducting 100% QC of KYB reviews of lower risk clients performed by RMs in conjunction with the Business Risk Review Team.
* Carrying out QC of uploaded documents on MFiles by Business Risk Review Team and the CSG to ensure all customer documentation is correctly uploaded to the bank’s repository.
* Assisting in the Quality Checks (QC) of Senior Management Approval Forms (SMAFs) and Client Risk Rating Assessment (CRRA) Forms submitted by the Relationship Managers through Business Risk Review on Eastnets system before submission to FCPC.
Key Skills/Experience
* Experience in Banking with AML/CFT & Compliance Risk Management; substantial experience in KYC, periodic reviews and quality assurance is a prerequisite.
* Ability to quickly understand internal systems, processes, procedures, and relevant external influences (e.g., competitors, laws and regulations, market conditions).
* Working knowledge of standard business processes, products offered and the dynamics within the business.
* Working knowledge of FCA regulations, in particular conduct rules, AML and financial crime requirements, and related business compliance rules and regulations.
* Experience delivering quality assurance checks to ensure the business meets required compliance standards.
In return we offer a fantastic benefits package including
* Up to 10% employer pension contribution
* Life Assurance Cover
* Income protection
* Private Medical Insurance plan (upon successful completion of probation period)
* Contribution to glasses/contacts and eye testing
* Gym subsidy (up to £50 per month)
* Cycle to work scheme
* Employee Assistance Program
* Interest Free season ticket loan for travel
* 25 days annual leave, rising to 28 after 3 years and 30 after 8 years’ service
* Give As You Earn (GAYE)
Seniority level
* Associate
Employment type
* Contract
Job function
* Administrative and Quality Assurance
Industries
* Banking and Financial Services
First Bank UK is an equal opportunities employer and positively encourages applications from suitably qualified and eligible candidates regardless of sex, race, disability, age, sexual orientation, gender reassignment, religion or belief, marital status, or pregnancy and maternity.
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