Enhanced Due Diligence Specialist London, England
Metro Bank PLC
Full Time
London, England
10.56 - 12.04 GBP Today
Job description
Team Mortgages, Operations, Risk and Credit
Location Holborn Office
County Central London
Ref # 19476
Closing Date 30-Jun-2023
We have been awarded the “Most Loved Workplace”! At Metro Bank, people come first – our culture is all about bringing out the best in our colleagues, and making sure everyone feels valued, respected, seen and included. We strongly believe in a diverse and inclusive workplace and to find the very best person for the job, we always look across a wide range of diverse communities.
What you will do:
As an Enhanced Due Diligence (EDD) Specialist for our Mortgage Operations team, you will be responsible for assessing the potential risk posed by customers and clients, including those identified as SIPs, SIEs, PEPs and RCAs, as well as other higher risk customers- Undertaking KYB, ODD and EDD reviews on business entities including LTD companies/SIPs/SIEs/PEPs/RCAs and other higher risk clients
- Carrying out deadline-driven, targeted research to identify and critically assess potential financial crime risk or reputational risk
- 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
- Analysing internal and external databases, primary documents, adverse media and other information sources, to support completion of reviews
- 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
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 ability to call out any concerns.
What you will need:
Proven experience working in a financial crime environment, experience within mortgages would be advantageous but is not essential- For this specific vacancy you must have experience in undertaking KYB and EDD reviews on business and corporate entities (i.e. LTD companies, UBO, Controls, ownership structure, etc)
- Strong understanding of money laundering, and bribery and corruption risks
- A proven ability to build lasting relationships across a business at all levels
- Specific AML or Financial Crime qualification, however this is not an essential requirement
- To understand the risks associated with your job and what that means for you, Metro Bank and all our stakeholders
Our promise to you…
We will make sure that you are well-rewarded by providing you with a competitive salary, discretionary annual bonus, and a wide range of benefits, including generous holiday allowance, attractive pension scheme, healthcare, life assurance, and a number of colleague discounts!- We will give you the training to ensure you succeed in your role and plenty of internal opportunities to progress your career (around 40% of our recruitment comes from internal promotions!)
- We are also all about balance so most of our jobs offer the opportunity for hybrid working built around your role and home life, wherever possible
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!
