Transaction Monitoring Senior Analyst, UK

What will you be doing? 

We are looking for an aspiring compliance professional who is passionate about the payments, financial services or crypto industry. Reporting to the Head of Financial Crime, the candidate will be responsible for reviewing alerts of potentially suspicious activity generated via the BCB’s automated transaction monitoring system; closes or escalates them to a case; and investigates cases to determine whether a SAR filing is warranted.

Key Responsibilities and Duties: 

• Responsible for the management of the transaction alerts generated for Fiat and Crypto transactions for the Group. The role is a critical element of the BCB’s defence against money laundering, terrorist financing and fraud. 
• Reviewing payment activity on a periodic and ad hoc basis. Initiating remedial checks where deemed necessary.
• 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.
• Conduct sanction/PEP screening and investigate potential hits.
• Due diligence of AML relevant transactions approval, Periodic Reviews, ad-hoc reviews.
• Support the Head of Financial Crime in the ongoing development of the compliance framework and process /policy drafting.
• Review and analyze AML current trends and news in order to identify high risk areas, counterparties or keywords to incorporate into monitoring filters, rules, or profiles. 
• Liaising with internal and external stakeholders, particularly partner banks in order to review any transactional activity requests. 
• Working with colleagues that are in different jurisdictions and time zones
• Maintaining client records, ensuring investigations are recorded
• Filing of internal and external SARs/STRs

So, what are we looking for? 

Reporting to the Ongoing Monitoring Manager, the Transaction Monitoring Analyst will be a gatekeeper for financial crime prevention, analysing and investigating scenarios relating to counterparty and customer activity. 

We are looking for an energetic, driven individual with good analytical skills along with excellent communication skills. You have a positive attitude and flexibility towards work and new initiatives and you are capable of developing and maintaining positive working relationships. 

If you can demonstrate some of the following experience/skills below, we would love to have a conversation. 

Our ideal candidate is someone who is confident in both Crypto and Fiat transaction monitoring, experienced through working at an established financial institution or a Fin Tech. There must be a genuine passion for Crypto and AML/CTF investigations. This is a permanent role.

• Fundamental knowledge of money laundering typologies and the ability to identify them
• Comfortable in using external transaction monitoring and payment screening systems 
• Good understanding of the Blockchain ecosystem
• 3+ years of AML Surveillance and/or Investigation experience preferred.
• Strong communication skills, comfortable dealing directly with the clients and internal/external stakeholders at all levels.
• Excellent analytical skills and proven ability to work in a concise and methodical manner.
• Ability to work independently on projects as required and communicate results effectively throughout the company.
• Strong research skills, advanced skills in the use of Microsoft Word, Excel, PowerPoint and experience with online research systems including web-based tools.
• Ability to manage multiple priorities and work to tight deadlines.
• Fluent communication skills in English, any other language is a plus. 

So, what’s in it for you?      

Our people are constantly striving to be the best through operational excellence. The professional development and learning opportunities create an agile, hardworking, conscientious, and knowledgeable team. 

The opportunities for personal growth are exponential. You grow as the business grows. The roles and responsibilities are broad and ever-changing, and the dynamism of BCB keeps you engaged and highly motivated.  

At BCB, we believe in empowering individuals to create a culture of personal growth, together, and driving empowerment from the bottom up, up-skilling every individual at every level. This means our team has a sense of commonality and belonging, driven by a shared belief in our mission. We’re passionate about our business, our people, and providing 360-degree support for success.

• The chance to operate at the forefront of our industry                                   
• You can talk to anyone in the business as there are no barriers and everyone is accessible
• You will be collaborating with teams on a hybrid working arrangement
• We value team success where every individual can grow and prosper
• 30 days annual leave each year
• 4 days per year to prioritise your wellbeing
• 1 company volunteering day per year
• Strong benefits package including; Private Healthcare, Pension, Income Protection (long-term absence), Life Insurance, Menopause Policy, and an enhanced Parental Leave policy, and the equivalent offering for our colleagues in South Africa via Discovery/Vitality.

BCB Group 

BCB Group is a leading crypto-dedicated payments and trading services provider, serving many of the industry’s largest clients including Bitstamp, Crypto.com, Gemini, B2C2 and Kraken. BCB Group provides payment services in over 30 fiat and crypto currencies, FX & crypto trading, crypto custody and BLINC, BCB’s free and instant settlement network for the BCB client ecosystem.

Responding to corporate and institutional demand for essential and excellent infrastructure in digital asset markets, BCB Group was created by established thought leaders in finance, regulation and technology. Founded in the UK and developed to encompass key relationships across global financial services communities, BCB Group is well positioned as one of the first multi-jurisdictional regulated cryptocurrency service firms.

The cryptocurrency and blockchain industry is growing rapidly, and we want to continue shaping the way the industry progresses. We are looking for talented, motivated and crypto-passionate individuals to join us in ushering in this new financial revolution.