SAR Analyst

We are looking to hire a dedicated SAR Analyst within our 1LOD Business AML department in London where you will be reporting to the UK MLRO.

Banking Circle is a truly international and vibrant company with more than 550 skilled and dedicated employees worldwide. We are a differentiator in the market who provides the stability of a Bank and the flexibility of a Fintech, in order to deliver a payments solution to our clients as we continue transforming the Banking and Payments industry for the new economy.

About the role
As a SAR Analyst you will initially be responsible for filing SARs relating to UK branch clients or activity with a UK nexus. This will require reviewing the submissions by employees (e.g. Transaction Monitoring Analysts), ensuring detailed, precise and balanced reports are filed. This includes researching, analyzing and evaluating possible suspicious activity raised during the due diligence and ongoing lifecycle. In this role, you will work with both the UK SAR Lead and the Compliance team to ensure a consistent approach to filing.

What you will be doing

• Handle and review assigned UK SAR cases within available SLAs, including advising relevant stakeholders on next steps
• Inputting SAR cases into the NCA portal ready for review ahead of filing
• Analyse information concerning customer and account activity including transactional data and conduct additional research to confirm that SAR filings are complete and accurate
• Provide feedback to AML and Compliance colleagues regarding identified trends during the investigation(s) and provide feedback and training on the quality of UK SARs prepared by members of the Compliance team
• Partner with relevant internal stakeholders to strengthen quality of SARs, and ensure consistency and accuracy
• Perform enhanced due diligence on KYC factors such as Source of Wealth information on Ultimate Beneficial Owners
• Respond to UK law enforcement requests in a timely manner.
• Review Sanctions escalations and ensure relevant report of suspected breaches are reported to OFSI as soon as practicable

What we are looking for
To be the right candidate for this position, we expect you to have a degree level education within a related field. Previous experience from a SAR filing role is essential including a good working knowledge of the NCA SAR Portal. Experience of ML/TF risks related to Payments and Correspondent Banking is preferred as well as experience with transaction monitoring alert handling. Knowledge of UK regulatory framework relevant to the assigned areas is required for the role.

You possess strong critical thinking and analysis capabilities, and you have excellent reporting writing skills that are factual, balanced and non-inflammatory. You embody a positive and balanced view on complex fincrime related matters, always displaying role model behaviors.

As a person you are results driven, with an ability to build strong working relationships with key senior stakeholders. You have strong communication and time management skills and can work well independently under tight time frames.

As Banking Circle is an international company it´s a requirement, that you are fluent in English. If you master other relevant languages, it will be an asset.

What we offer you
We offer a hybrid work model for our employees to allow for flexibility and productivity. However, we do expect you to spend most of your time in the office to build community and efficiency in the team. Furthermore, we offer a competitive salary and a generous benefit package, opportunities for continuous learning, development, and a dynamic and collaborative culture that values personal initiative and professional achievements.

Would you like to join us?
We will be conducting interviews continuously; therefore, we urge interested candidates to apply online as soon as possible.

Please note that applications or CVs coming through email or direct messages will not be accepted or considered.

If you have questions do not hesitate to contact Simon Scott Hansen, Global Recruitment Partner, on [email protected]. No agencies, please.

Department: Amerika Plads 38, København Ø

Lokation: London (UK)