Job Number: 294

External Description:

Financial Crime/KYC/AML: Consultants on Demand 

Perm - Remote/Hybrid

Consultants on Demand: a consultancy start-up with global backing.

Imagine Consultants on Demand: a new consultancy service offered by Randstad Sourceright across all our clients in the UK and Ireland. Imagine enjoying the dynamic culture of being a consultant across many industries and markets whilst being part of a global company in a permanent job. It’s a start-up-like environment backed by global security and continuous development. 

You can shape your career with us - and grow - by getting the opportunity to work with a number of our clients as well as having access to the continuous learning and development opportunities that RSR has to offer. We encourage our consultants to become pioneers in this space, helping us to evolve the offering for both our clients and our talent.

Imagine doing this together with a community of professionals from different backgrounds and expertise within the consultancy and across the overall RSR global community. Imagine Consultants on Demand.

Consultants on Demand sits within Randstad Sourceright: the global talent strategic partner specialising in talent management solutions including Recruitment Process Outsourcing (RPO), Managed Service Programs (MSP), Integrated Talent Solutions including this brand-new consultancy offering.

About your team

Our Client’s Financial Crime Operations business area (“FinCrime”) delivers Know your Customer | Customer Due Diligence | Anti-Money Laundering and Transaction Monitoring programmes for their clients. Made up of over 600 experienced staff, the business works with their clients to rapidly mobilise, deliver, and manage large scale programmes, in line with their specific financial crime risks and AML regulatory standards. They have project experience on over 100 Customer Due Diligence projects in the last 5 years and have provided onboarding or KYC refresh on 50,000+ files.

 

Candidates from all levels (AML, KYC, QA Quality Assurance, QC Quality Control, MLRO, Financial Crime) are encouraged to apply as this will be part of a large scale team. Candidates at different levels will be undertaking different tasks but the below offers an exemplar of what you would be expected to do.

 

Scope of the role (COD)

• Conducting KYC reviews for the onboarding of new clients, as well as periodic and trigger event reviews of existing clients in compliance with internal standards and procedures, and external regulatory requirements.
• Gathering customer related information and documentation for analysis
• Assessing financial crime risk, e.g. AML, CTF, ABC, etc.
• Completing customer risk assessments to Identify indicators of higher risk relationships and conducting EDD (e.g. high-risk industry, PEP or Sanctions nexus, etc. linked to customer’s nature of business)
• Understanding and assessment of complex business structures
• Assessment of negative media screening
• Escalate red flags identified indicative of higher risk
• Liaising with Relationship Managers, Clients and Senior Management
• Reporting any suspicions or unusual significant activities to the local Money Laundering Reporting Officer
• Apply subject matter expertise to reduce Financial Crime Risk to the bank
• Provide MI information to Management
• Participate in project work and contribute to development of internal processes, guidance and procedures
• Control Analysis planning and delivery to drive risk-based outcomes from internal reviews.
• QA/QC testing of financial crime related processes.
• Support development and delivery of QA/QC framework in CEMEA first line.
• Undertaking first line monitoring on a regular and thematic basis, as agreed with Head of R&Q and Head of QA/QC. 
• Provide subject matter expertise on QA/QC linked to Financial Crime Risk.
• Participate in, or lead, as necessary on project related activity linked to QA/QC.
• Contribute to process / procedure enhancement, particularly for Financial Crime Risk.

About you 

• Experience of AML/CTF/KYC in a financial services environment
• PC literate with proficiency across Microsoft Suite
• Good awareness of UK regulatory requirements for Financial Crime, especially AML/CTF, and of UK Good practice (per guidance issued by FCA and Joint Money Laundering Steering Group)
• Financial Crime Qualification advantageous but not essential (CAMS, ICA, ACAMS)
• Assurance-testing conformity with policy and compliance with UK regulatory requirements, covering AML/CTF, Financial Sanctions and Anti-Bribery & Corruption (including as part of Customer Due Diligence, Transaction Monitoring and Name/Payment Screening).

What do we offer to our Consultants? Imagine…

• Working for a company established in 1960 and ranked No.1 globally as Human Capital Provider
• Enjoying the freedom and the dynamism of being a consultant whilst securing a permanent job
• Experiencing different clients and learning leading-edge skills everyday whilst belonging to a diverse community of professionals sharing their knowledge and insights
• Working for a variety of blue-chip clients and across many different industries
• Dedicated People Lead to support you whilst on client engagement, support with your career progression, general questions and regular meetups
• Wider colleagues’ community with different skill discipline working as one team, learning and evolving 
• A competitive and flexible benefits package including Competitive salary, Bonus, Holiday, Life Insurance, Pension Scheme, Medical Cover, Income Protection, Season Ticket Loan, Shared Purchase Scheme* as well as continuous learning & development programmes, buddying & coaching initiatives,  and being part of Consultants on Demand community and much more. Want to find out more please ask us!

Job Number: KYC Opportunities

Community / Marketing Title: KYC Opportunities

Location_formattedLocationLong: London, Greater London GB