Financial Crimes Analyst

Wealthify – Financial Crime Analyst (Cardiff - 2 days onsite minimum)

Welcome to Wealthify: an ambitious, multi-award-winning, online saving and investing service. Based in Penarth, Wales, we want to inspire anyone to build their future wealth, by making it easy for people to do more with their money.

Our team is engaging, inquisitive, and inclusive, reflecting many different backgrounds and beliefs. We’re growing rapidly, which is why we're looking for talented, purpose-driven people who want to use and develop their skills to deliver an awesome experience to our customers.

And if that sounds like you, why not read more below?

The Role

As a continually growing business and as part of our commitment to regulatory compliance and risk management, we are seeking a highly motivated individual to join our new onboarding team as a Financial Crime Analyst.

Key Responsibilities:

• Conduct thorough Know Your Customer checks on new and existing customers to ensure compliance with UK financial services regulatory requirements, through reviewing and analysing customer documentation, verifying identity, and assessing the risk associated with the client.
• Understanding and investigating high risk customers identified through the screening of Sanctions, PEPs and Adverse Media and applying enhanced due diligence (EDD) accordingly.
• Managing the customer’s onboarding journey, taking ownership of KYC reviews and maintaining regular customer contact where necessary.
• Conducting periodic reviews and event driven reviews on existing customers.
• Escalate complex issues to the wider financial crime team and MLRO.
• Maintain accurate and up-to-date records of customer information and due diligence activities.
• Taking responsibility for continuous learning of anti-money laundering (AML) regulations and relevant laws and guidelines.
• Working closely with other departments, including Legal, Compliance, and Customer Services, to address KYC-related issues and provide support.

What we’re looking for

• Bachelor's degree (desirable).
• AML/KYC qualification, such as ICA (desirable).
• 3 years in a financial crime analyst role with responsibilities including adverse media and sanction screening.
• Strong analytical and investigative skills alongside experience of transaction monitoring.
• Excellent attention to detail and ability to work independently.
• Experience dealing with customers over the phone and excellent written skills.
• Ability to make sound judgments and decisions.
• Strong organisational and time-management skills.
• Be adaptable to the challenges of a growing business.

What we give you in return

• Salary of £29,000 - £31,000 depending on experience.
• 24 days' holiday a year, plus bank holidays (you’ll earn an extra day holiday for each full year you’re with us, up to 28 days).
• Hybrid working options.
• Flexible working hours, in line with business needs.
• Buy and sell up to 5 days of holiday per year.

And we have plenty of perks, too!

• Annual bonus between 0-20% of your annual salary, which is linked to both company and individual performance.
• Private medical insurance.
• Death in service cover (x3 your annual salary).
• Income protection insurance.
• Company pension plan.
• Healthify: a team to support the health and wellbeing of all staff at Wealthify.
• Ministry of Fun: providing plenty of social activities and events throughout the year.
• Offices in the picturesque Penarth Marina.
• Free office gym.
• Free parking nearby.
• A collaboration space and games room.

Job Types: Full-time, Permanent

Pay: £29,000.00-£31,000.00 per year

Additional pay:

• Bonus scheme

Benefits:

• Additional leave
• Casual dress
• Company pension
• Cycle to work scheme
• Enhanced maternity leave
• Enhanced paternity leave
• Free parking
• Health & wellbeing programme
• On-site gym
• On-site parking
• Paid volunteer time
• Private medical insurance
• Referral programme
• Sick pay
• Transport links
• Work from home

Schedule:

• Monday to Friday

Application question(s):

• Are you located in South Wales?

Education:

• A-Level or equivalent (required)

Work Location: In person

Application deadline: 18/11/2024