Financial Crime Specialist

  • Competitive
  • London, England, United Kingdom London England GB
  • Permanent, Full time
  • CLS UK Intermediate Holdings Ltd.
  • 19 Jul 18 2018-07-19

Support the UK Financial Crime, AML & Sanctions Compliance function by assisting in the development, implementation and monitoring of the UK financial crimes compliance program, in support of the launch of new products/services, including the launch of CLSNet. Perform KYC, monitoring and reporting processes in support of the compliance program framework.

Essential Functions

Major duties and responsibilities of the job


  • Support the enhancement of the CLS Services AML & Sanctions frameworks
  • Perform and assist with KYC/On-boarding and AML & Sanctions related investigations and monitoring
  • Work with the AML and Sanctions Group Head and the wider Compliance team to foster a culture of compliance and appropriate conduct
  • Know Your Customer for fund and other third party customers to CLS: sight check names and addresses, perform Sanctions screening and data entry related to approval of the parties.  Coordinate with Sales and Operations to obtain further customer identification and KYC information and maintain the integrity of the customer on-boarding tool


  • Actively support the creation and implementation of the Compliance program for new CLS products and initiatives
  • Ensure Compliance’s requirements are met with respect to CLS’s new products, strategic initiatives, and technology upgrades
  • Support Internal Audit reviews aimed at testing adequacy of key AML & OFAC Sanctions policies and procedures
  • Support the day to day execution of an AML & Sanctions compliance program by managing and conducting a selection of Compliance tasks including:
    • AML Investigations and dispositioning of sanctions hits
    • Conduct KYC due diligence, enhanced due diligence, data mining and research
    • Complete the accompanying administration associated with due diligence, such as drafting reports and accompanying notes
    • Complete special projects, including drafting of compliance procedures
  • Analysing and reporting financial crime compliance related data
  • Run data and spreadsheet reports as requested based on specific criteria.  Expected to create increasingly complex reports over time (e.g. individual customer profile, year-on-year growth of customers by region, for each currency, and grouped by counterparty type, etc)



  • Provide subject matter expertise across new initiatives
  • Proactively develop and maintain collaborative working relationships with stakeholders at all levels

Essential / Desired Qualifications

Experience, education and any certifications as necessary for successful job performance

  • Bachelor’s Degree, or equivalent
  • Minimum of three years or more work experience in Banking and/or Financial Services / consultancy firms
  • Demonstrable financial crime compliance subject matter expertise required
  • Certified Anti-Money Laundering Specialist, or willing to pass the exam within six months of hire


Knowledge, Skills and Abilities

Experience and competencies required for successful job performance


  • Financial Crime Compliance experience required
  • Any exposure to payments, correspondent banking, FX, equity or derivatives business is helpful
  • Advanced knowledge of Microsoft Expert and basic statistical concepts, specifically: data mining, data import/export, working with delimited files, models and writing macros 
  • Familiarity with Business Intelligence/Data Analytics Software (e.g. Microstrategy) is helpful
  • Ability to manage a project and identify area of improvement
  • Ability to provide flexible support during busy times of the year
  • Self-starter with ability to work independently
  • Can evidence strong planning, organisation and time management skills with the ability to effectively deal with multiple work strands simultaneously
  • High level of attention to detail
  • High level of communication skills (written and oral including presentation skills).
  • The ability to interact comfortably with, and relationship manage, senior stakeholders


Success Factors / ‘How’

Personal characteristics contributing to an individual's ability to excel in the position


  • Focused on the execution of Financial Crime Compliance program strategy
  • Enthusiastic and passionate about Compliance
  • Approachable with a collaborative and partnership style
  • Appreciates, delivers and encourages timely execution of controls
  • Trusted to maintain strictest confidentiality
  • Mature and disciplined individual
  • Self-starter who can work autonomously as well as within a team environment
  • Consistently performs to the highest standards
  • Can interact comfortably at all levels adapting to different audiences as necessary and not afraid to ask questions
  • Effective under pressure and can foresee and proactively deal with challenges
  • Comfortable to work and interact with a US and UK based compliance team