Transaction Banking, 1st Line Financial Crime Risk, Associate

Job Description

TRANSACTION BANKING (TxB TM )

We aim to build a modern and digital first transaction banking solution to serve our clients. Our business combines the strength, heritage, and expertise of a 150‑year‑old firm with the agility and entrepreneurial spirit of a tech start‑up. Our goal is to deliver a best‑in‑class digital banking experience that empowers clients with a clear, connected view of their business. We make payments simple, secure, and seamless—whether they’re local or global—so moving money across borders feels just as effortless as paying across the street.

THE ROLE & TEAM

As part of TxB’s global first line of defense risk team, you will be involved in supporting TxB’s comprehensive risk management program with a focus on financial crime and other compliance related risks.

In this role, you will work closely with senior members of the TxB 1

LoD financial crime risk team to provide advisory support on client selection, risk assessment and governance matters. The role involves assessing complex client financial crime risk profiles, including through targeted due diligence of clients’ financial crime compliance control frameworks, and translating findings into clear risk‑based recommendations for business and governance stakeholders. This is not a routine EDD/KYC processing role; it requires the ability to apply judgement, challenge constructively, and advise on nuanced financial crime risk considerations in a commercial banking context.

We are looking for an intellectually ambitious individual with excellent communication skills, who takes initiative and ownership of their work, enjoys working collaboratively in a dynamic and constantly evolving environment, and excels at producing high quality and timely deliverables with agency. If that’s you, we would like to hear from you!

RESPONSIBILITIES

• Provide financial crime risk advisory input on prospective and existing clients
• Assess complex client financial crime risk profiles, including the design and effectiveness of clients’ financial crime compliance controls, where relevant
• Conduct targeted due diligence on clients with elevated or complex financial crime risk profiles (e.g. correspondent banking relationships), using findings to develop clear risk‑based recommendations rather than producing routine EDD outputs
• Perform, evaluate and assess adverse media searches on TxB clients
• Draft high‑quality due diligence and risk assessment memos that synthesize client information, control observations, stakeholder feedback and recommended risk positions for internal review and approval
• Maintain knowledge of regulatory/compliance expectations, industry trends and emerging threats/risks
• Engage with business, Legal, Compliance and other stakeholders to evaluate escalations, address open questions and support risk based outcomes
• Execute transactional activity reviews against client expected activity
• Update and maintain documentation for team processes and best practices
• Establish trusted partnerships with peers, functional leads, and executive‑level stakeholders across lines of defense

BASIC QUALIFICATIONS

• Bachelor’s Degree plus 2+ years of professional experience in applying financial crime risk judgement in an advisory, governance, client risk or compliance role, including the ability to assess complex fact patterns and communicate clear recommendations
• Ability to create professional presentations and communications in written and visual formats such as detailed reports including data analysis and visualizations, policies/procedures, process flows, governance documents, committee minutes, and presentations using Power Point
• Ability to be creative, collaborate widely and deliver on key risk objectives in a timely and self‑directed manner
• Strong presentation (written and verbal), organizational and interpersonal skills
• Must be comfortable and adaptable in a dynamic and multi‑faced work environment
• Ability to balance both objective and subjective viewpoints when assessing complex risks
• Strong prioritization skills and ability to manage several projects/tasks simultaneously
• Team oriented, energetic, self‑directed, and self‑motivated
• Professional fluency in the…