FCO Screening Analyst

Responsibilities:

• Conduct the below day-to-day screening activities In relation to the Life business and in scope non-client populations:
  • Conduct Politically Exposed Persons (PEPs), sanctions and adverse media screening.
  • Conduct Politically Exposed Persons (PEPs), sanctions and adverse media screening Level 1 alert investigation and discounting.
  • Escalate positive matches relating to the Life business to the Escalations Specialist within Life Financial Crime Operations.
• Support optimisation activities through system testing.
• To review and assess Politically Exposed Person, Sanctioned individual / entity matches identified through the FCPT PEP / Sanctions solution(s) and ensure that all PEPs and Sanctioned individuals / entities are reported promptly to the AML Reporting Manager in an agreed format.
• To prepare accurate reports and case files to support the investigation and reporting process.
• To provide input/assist with creation/enhancement of policies and procedures.
• To maintain a good working knowledge of current legislation, rules and regulations relating to anti money laundering and terrorist financing.
• To maintain up-to-date knowledge on financial crime trends and industry best practice, conducting relevant risk analyses.
• To maintain an up-to-date knowledge on products and financial services
• To develop and prepare MI as required
• Contribute to the continuous improvement of methodology across risk
• Work flexibly in support of the wider Risk agenda
• Comply with Risk Management policies, procedures and guidelines.

• Promote a positive risk and control culture within Risk and across the business, balancing commercial considerations with regulatory ones

Skill Requirements:

• Understanding of sanctions regulations, PEP lists, and other relevant compliance requirements.
• Experience with conducting and discounting PEP, sanctions and adverse media alerts.
• Sound organisational and coordination capability to manage multiple time sensitive requests at one time.
• [Desirable] Experience with LexisNexis Bridger
• Knowledge of relevant compliance regulators and their regulations
• Knowledge of money laundering compliance requirements across various banking and insurance products
• Strong interpersonal skills, with the ability to establish credibility and strong partnership with business partners and clients when required
• Ability to collaborate in a team based environment across functional disciplines and lines of business.
• Strong analytical, problem-solving and organizational skills
• Ability to manage several simultaneous projects
• Ability to operate remotely, in a diverse and multi-cultural environment.
• Knowledge on insurance products, systems and distribution methods would be an added advantage
• Ability to plan and prioritize own schedule ensuring timely completion of responsibilities
• Strong work ethic with the highest levels of professionalism, commitment and integrity.