Financial Crime Junior Analyst  

The mission of the Financial Crime Team at CurrencyFair is to perform ongoing Financial Crime monitoring and other ongoing reviews to meet our regulatory, payment network, and banking partner requirements. We actively monitor to ensure the safety and soundness of the CurrencyFair system and maintain a healthy, compliant customer base.

This permanent role involves managing the operation of the Group transaction monitoring control function of CurrencyFair across its locations. Reporting to the Team Lead of Financial Crime.


Responsibilities include:

·       Action the departmental queues for alerts on a regular basis throughout the working day ensuring management are aware of outstanding alerts at end of day

·       Be familiar with the departmental systems/processes and their implementation

·       Review transaction monitoring alerts in line with prescribed procedures:

·       Investigate the individual alerts to determine if there is a potential suspicious transaction involved

·       Follow the recommended standard investigation steps

·       In addition, assess if there is anything else unusual about a transaction, particularly based on experience of previous transactions

·       Assess the transaction in the context of previous transactions and the client’s business/purpose of the account – if necessary review the client file

·       Assess the relevance of the geographies of the remitter and beneficiaries of the transaction

·       Where there are grounds for suspicion or a requirement for guidance in relation to an alert, escalate in line with the procedures

·       Create and maintain accurate and concise records of all investigations undertaken including details on the rationale for any decisions made

·       Seek to build an understanding of the profile of customers highlighted through the transaction monitoring alert process

·       Assist with the preparation of departmental Management information reports

·       Provide input to the maintenance of the departmental procedures

·       Any other associated duties required from time to time to meet the departmental responsibilities and goals

Essential Requirements

·       Previous hands-on experience in Financial Services

·       High level of accuracy and attention to detail

·       Strong communication skills, both verbal and written with ability to deal effectively with colleagues.

·       Sound analytical skills

·       Teamwork

·       Ability to work on own initiative

·       Ability to make robust decisions in a fast-moving environment

Other Requirements

·       Willingness to undertake related professional courses. 

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