Sanctions Screening Analyst

Crown Agents Bank is a vastly growing and regulated UK bank that connects emerging and frontier markets to the rest of the world, using FX and payments technology. We are transforming the way payments and FX move through emerging markets, reducing friction so that more money gets to those who need it. Emerging markets payments are usually challenging, expensive, unreliable and opaque. Our solutions help fix these pain points. Ultimately, we connect traditionally hard-to-reach regions to global financial infrastructure, giving access to the best prices and the fastest, most reliable settlement.

FX and cross-border payments are often complex and expensive, especially when operating in emerging markets. Crown Agents Bank (CAB) wraps its deep and trusted relationships and strength of network around innovative digital capabilities, and cross-border transaction banking solutions to enable fintech, corporates, governments, development organisations and banks to move money to, from, and across often hard-to-reach markets.

To will support the first line of defense within the business managing the Transaction Screening process for all live payments processed by Crown Agents Bank to ensure conformance with regulations/legislation, contributing to CAB’s program to prevent the bank from exposure to financial crime and sanctions risk.

Role Responsibilities:

• Investigate high volume payment alerts within the EastNets Safe Watch Filtering Screening tool and provide consistent detailed rationales for decision to release/reject/block
• Review mobile money transfers sanction alerts and assess whether they are permissible or require further investigation
• Liaise with clients via email where necessary to discount potential true matches
• Ensure hits/alerts are handled in accordance with defined procedures and meet standards for both quality and timeliness
• Evaluate repetitive items and conduct trend analysis with the aim of reducing the amount of false hits received
• Stay abreast of regulatory changes and AML related news, with an emphasis on OFAC, HMT, UN & EU sanctions-related developments
• Proactively identify improvements to increase efficiency and effectiveness of the process.

• Preferred professional qualification (e.g. ICA, ACAMS AML or equivalent)
• Minimum 2 years experience in a Sanctions/Anti Financial Crime related role
• Banking Experience - Payments/SWIFT knowledge
• Experience of working with high risk jurisdictions or emerging markets
• Knowledge/Experience in Mobile Financial Services
• Ability to manage own workload taking full responsibility for the entire investigation process from start to finish
• Maintain a high level of accuracy and attention to detail in a high volume/tight deadline driven environment
• Excellent written and verbal communication skills
• Organised with strong attention to detail

• Hybrid working
• Contributory personal pension plan: - Minimum: Employee 2% and Employer 7%. Employer matches contributions in 1% increments to a maximum of: Employee 5% and Employer 10%
• Life Assurance – 4 times annual salary
• Group Income Protection
• Private Medical Insurance – this may include cover for partner and or children at company cost. Cover includes Optical, Dental and Audiology
• Discretionary Bonus
• Competitive Annual Leave
• 2 Volunteering Days
• Benefit Hub