Senior Associate - Financial Crime Operations
11-Month Fixed Term Contract (FTC)
Location: Harrow, UK
Salary: £28,000 per annum
Department: Financial Crime Operations (FCO)
Reporting to: Manager - Financial Crime Operations
About the Role
We are seeking a Senior Associate - Financial Crime Operations to join our Financial Crime Operations team on an 11-month fixed term contract. The successful candidate will play a key role in supporting financial crime risk management activities, including AML/KYC reviews, APP fraud investigations, money mule monitoring, and enhanced due diligence for high-risk and PEP customers.
This role is well suited to an experienced financial crime professional with strong investigative skills and a solid understanding of the UK regulatory environment.
Key Responsibilities
Undertake APP fraud investigations, including analysis of payment patterns, customer behaviour, and liaison with internal stakeholders to support case resolution.
Perform money mule monitoring, identifying suspicious account activity and escalating concerns in line with established procedures.
Review new account applications requiring high-risk onboarding assessments and conduct Enhanced Due Diligence (EDD) where required.
Carry out ongoing CDD and EDD reviews on existing customers.
Complete Level 1 reviews of name screening alerts and high-risk payments.
Ensure compliance with AML/KYC regulations, identifying and escalating any issues of non-compliance.
Support transaction monitoring, payment screening, and fraud investigations as required.
Manage workflows and adhere to agreed calendars and procedures for name screening, including alert discounting and system maintenance.
Respond promptly to operational queries from business areas and support functions.
Identify and escalate suspicious activities and transactions in accordance with internal escalation processes.
Keep up to date with regulatory developments and financial crime trends.
Participate in ad-hoc projects and provide general administrative support when required.
Skills & Experience
Strong experience in AML/KYC, CDD/EDD, financial crime investigations, and transaction monitoring/screening.
Proven ability to identify fraud typologies, including APP fraud and money mule activity.
Good working knowledge of the UK regulatory environment.
Solid understanding of the financial services sector.
Experience working with multiple internal stakeholders across different business areas.
Personal Attributes
High level of accuracy and attention to detail.
Strong analytical and investigative skills, with the ability to identify trends and patterns.
Excellent verbal and written communication skills.
Confident interpersonal skills, including the ability to engage and de-brief colleagues.
Proficient in MS Office and transaction monitoring systems.
Proactive, self-motivated, and able to work both independently and as part of a team.
Willingness to learn and adapt to changing priorities.
A collaborative team player, able to support colleagues and take ownership of tasks within the role's remit