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Metro Bank PLC Logo

Enhanced Due Diligence Specialist

316a7a4

London, England

Today

Metro Bank PLC

London, United Kingdom

Daniel Frumkin

Unknown / Non-Applicable

Company - Public

Finance

2010


Job Description

Team Mortgages, Operations

Location Bishopsgate

County London

Ref # 18568

Closing Date 27-Feb-2023

Can you support one of our Operations team, as well as external stakeholders, in assessing the Financial Crime risk posed to the bank? Are you a proactive team player who can make sense of complex information, whilst working to tight deadlines? Are you looking to progress your career within financial crime prevention? If yes, then we may have the role for you!

As an Enhanced Due Diligence (EDD) Specialist for our Mortgage Operations team, you will be responsible for assessing the potential risk posed by customers, including those identified as SIPs, SIEs, PEPs and RCAs, as well as other higher risk customers. You will investigate, analyse and assess the risks these customers may pose both at on-boarding and on an ongoing basis. As part of you role, you will consider any potential financial crime risks and any reputational risks posed, and create reports detailing your findings and making recommendations of next steps.

Most of our jobs offer the opportunity for hybrid working. Ask your recruiter for more details for this role.

So what would you be doing?...

  • Undertaking EDD reviews on LTD companies/SIPs/SIEs/PEPs/RCAs and other higher risk customers - this involves deadline-driven, targeted research to identify and critically assess potential financial crime risk or reputational risk
  • Analysing internal and external databases, primary documents, adverse media and other information sources, to support completion of reviews
  • Making sense of complex corporate structures, understanding and mitigating possible sanctions exposure, and examining patterns and suspicious activity that may indicate money laundering, tax evasion or terrorist financing
  • Thoroughly and accurately documenting the research and analysis related to the financial activity and related entities of customer, including source of funds, wealth and income
  • Completing comprehensive reports detailing analysis of financial crime risks and controls to support your recommendations

You need to be this kind of person…

  • Passionate about providing unparalleled levels of service and convenience for customers
  • Able to work and learn quickly in a fast paced, fun and dynamic environment
  • Prepared to stick at something – we get nervous if someone has jumped from job to job as we want people who are prepared to learn and grow
  • Care about doing a great job and exceeding expectations with the quality of what you do

And... we are a bank so risk is a part of everything we do. We love people who take responsibility, do the right thing for customers, colleagues and Metro Bank and have the courage to call out any concerns.

We always support colleagues to develop their skills. But to be successful in this job you really do need to already be able to do most of these wonderful things...

  • On this occasion we are looking for experience in company/organisation reviews/on-boarding/due diligence, rather than just experience of individual customer reviews
  • Naturally, you will have a good understanding of money laundering, and bribery and corruption risks
  • In order to succeed in this role, you will ideally have previous experience in undertaking EDD reviews related to companies/organisations - UBOs, control, ownership structure, etc
  • We need you to have proven experience working in a financial crime environment, experience within mortgages would be advantageous but is not essential
  • It is key that you have experience in report writing, analysing complex data and providing recommendations based upon your findings
  • You will need to be able to drill down in detail and to recognise inconsistencies and red flags of criminal conduct
  • We do need you to have previous experience in reviewing limited companies
  • You will have a proven ability to build lasting relationships across a business at all levels
  • It would be fantastic, if you have a specific AML or Financial Crime qualification, however this is not an essential requirement
  • Understand the risks associated with your job and what that means for you, Metro Bank and all our stakeholders

Important Footnote Diverse teams really are the best teams. We know that candidates (especially women, research tells us) may be put off applying for a job unless they can tick every box. We also know that ‘normal’ office hours aren’t always doable, and while we can’t accommodate every flexible working request we are happy to be asked. So if you are excited about working with us and think you can do much of what we are looking for but aren’t sure if you are 100% there yet… why not give it a whirl? Please note that sometimes we may close a job earlier for applications if we are inundated with amazing candidates.. Good luck!


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