Transaction Screening Specialist - Remote Contract

About the Role

We are seeking a Transaction Screening Specialist to join our team at Crown Agents Bank. This remote contract position will support the first line of defense in managing the Transaction Screening process for all live payments processed by our bank. You will play a crucial role in ensuring compliance with regulations and contribute to our program aimed at preventing financial crime and sanctions risk.

What You'll Do

• Investigate high volume payment alerts using the EastNets Safe Watch Filtering Screening tool, providing detailed rationales for decisions to release, reject, or block transactions.
• Review mobile money transfer sanction alerts and determine their permissibility or need for further investigation.
• Liaise with clients via email to clarify potential true matches and ensure compliance.
• Handle alerts in accordance with defined procedures, meeting quality and timeliness standards.
• Evaluate repetitive items and conduct trend analysis to reduce false hits.
• Stay updated on regulatory changes and AML-related news, focusing on OFAC, HMT, UN, and EU sanctions.
• Proactively identify improvements to enhance the efficiency and effectiveness of the screening process.

Requirements

• Preferred professional qualification (e.g., ICA, ACAMS AML or equivalent).
• Minimum 2 years of experience in a Sanctions/Anti-Financial Crime role.
• Banking experience with knowledge of payments and SWIFT.
• Experience working with high-risk jurisdictions or emerging markets.
• Knowledge of Mobile Financial Services.
• Ability to manage workload and take full responsibility for the investigation process.
• High level of accuracy and attention to detail in a fast-paced environment.
• Excellent written and verbal communication skills.

Nice to Have

• Experience with regulatory compliance in financial institutions.
• Familiarity with risk assessment tools and methodologies.

What We Offer

• 6-month fixed-term contract with hybrid working options.
• Contributory personal pension plan with employer matching.
• Life Assurance – 4 times annual salary.
• Group Income Protection and Private Medical Insurance.
• Discretionary bonus and competitive annual leave.
• 2 volunteering days and access to a benefits hub.