Senior Associate - Account Review Team

📍 West London
💰 £28,000 per annum
📅 9-Month Fixed Term Contract

About the Role

We are seeking a detail-oriented and analytical Senior Associate to join the Account Review Team within Branch Operations. This role focuses on conducting ongoing due diligence and reviewing client accounts across varying risk levels, ensuring compliance with financial crime regulations.

The successful candidate will play a key role in supporting the bank's compliance framework, with responsibility for analysing accounts, monitoring transactions, and identifying potential risks including AML, sanctions, and fraud-related concerns.

Key Responsibilities

Review retail and corporate accounts, undertaking enhanced due diligence where required
Conduct transaction reviews to identify potential financial crime risks including AML, sanctions, and fraud
Monitor accounts for suspicious or unusual activity and take appropriate action
Carry out ongoing due diligence on High Risk and Medium Risk accounts
Investigate issues and liaise with internal stakeholders to resolve queries
Support additional projects and tasks as assigned by the department

Key Requirements

Previous experience in KYC, AML, sanctions, fraud, or account reviews within a banking environment (minimum 2 years)
Strong understanding of UK banking regulations and the financial services sector
Experience with transaction monitoring and screening systems
Ability to identify and assess suspicious transactions using a risk-based approach
Knowledge of retail and commercial banking products
Proficiency in Microsoft Word and Excel

Skills & Competencies

Excellent attention to detail
Strong analytical and problem-solving skills
Effective communication and interpersonal skills, with the ability to engage across all levels
Ability to produce clear and detailed compliance reports
Team player with flexibility to support colleagues when required
Willingness to learn and develop new skills

Key Stakeholders

Retail and Wholesale Branches
Account Opening and Payments Teams
Internal departments including Operations, Compliance, and Accounts
External vendors and third parties (e.g., screening providers, auditors, regulators)

Reporting Line

Reporting to: Assistant Manager - Branch Operations