Social network you want to login/join with:
Financial Crime & Risk Analyst – Transaction Monitoring and Screening, Lisburn
Bank of London offers a safer business banking model by holding all deposits at the Bank of England, eliminating the risk of 'bank runs.' It provides services such as Deposit-as-a-Service (DaaS), Embedded Banking, real-time Clearing, Payments, and Settlement, as well as Commercial Banking tailored to businesses. Powered by proprietary technology, the bank collaborates with SAPFioneer to deliver innovative solutions. With a focus on exceptional service and core values of compassion, ownership, and curiosity, the bank strives for excellence in all it does.
Join our Transaction Monitoring and Screening team and become a vital contributor to our mission. As an Analyst in this role, you will play a key part in protecting the Bank and its clients by identifying and mitigating financial crime risks. Your primary responsibilities will include conducting detailed reviews of customer transactions and screening alerts, investigating unusual or suspicious activity, and escalating concerns in line with regulatory requirements. You will work closely with internal teams to ensure our monitoring and screening frameworks remain effective, accurate, and aligned with evolving risk indicators.
We seek a Transaction Monitoring & Screening Analyst to join our First Line (1LoD) Financial Crime Operations team. In this role, you will investigate and resolve alerts generated by our transaction monitoring, payment screening, and name-screening systems, escalating issues to the Second Line of Defence (2LoD) as needed. Experience in a commercial banking context and/or a related onboarding setting, particularly in reviewing complex and high-risk client segments such as Money Service Businesses and other regulated financial institutions, is preferred.
Requirements
* Conduct thorough reviews and investigations of alerts generated through transaction monitoring and name screening tools in accordance with internal policies and procedures.
* Review and disposition alerts accurately and within defined SLAs, documenting clear and concise rationale.
* Review and manage escalations from the First Line of Defence (1LoD) colleagues, determining appropriate next steps and ensuring timely resolution in line with internal procedures.
* Maintain accurate and auditable records of investigations, ensuring full traceability of decisions.
* Engage with key stakeholders including Payment Operations, CDD, Client & Growth, and 2LoD Financial Crime & Risk.
* Support the production and analysis of Management Information (MI) to strengthen our monitoring and control framework.
* Take ownership of additional tasks, processes, or project work within the Transaction Monitoring and Screening team as required.
* Collaborate with wider anti-financial crime teams to assess payment flows and identify emerging risk indicators.
Location
London (5 days a week). Travel to other locations may be required occasionally.
Diversity
Bank of London is an equal opportunity employer committed to inclusion, diversity, and belonging. All qualified applicants are welcome and will receive consideration for employment regardless of race, colour, age, religion or religious expression, sex, sexual orientation, gender or gender identity and expression, transgender status, national origin, or military veteran status.
#J-18808-Ljbffr