AML & KYC Analyst

Role Overview

The AML & KYC Analyst will support the day-to-day operation of the Group's Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) framework. The role will focus primarily on customer due diligence, enhanced due diligence, transaction monitoring, ongoing client reviews, and the maintenance of accurate AML/KYC records. The successful candidate will have approximately 1-3 years of relevant AML/KYC or financial crime experience and will work closely with the MLRO, Compliance team, and relevant business and operational functions across the Group.

• Perform Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) reviews in accordance with applicable regulatory requirements and internal policies and procedures
• Review customer identification and verification documentation, beneficial ownership and control structures, Source of Funds (SoF), Source of Wealth (SoW), and other relevant KYC information
• Carry out customer risk assessments and ensure risk ratings are appropriately documented and supported
• Conduct periodic and event-driven reviews of existing customers and ensure records remain complete, accurate, and up to date
• Conduct or support PEP, sanctions, and adverse media screening and review potential matches in accordance with internal procedures
• Identify and escape AML/CFT risks, inconsistencies, and red flags to the MLRO or senior Compliance personnel as appropriate

• Conduct transaction monitoring reviews and investigate unusual or potentially suspicious customer activity
• Analyse transactional activity against expected customer behaviour, customer profiles, and identified risk factors
• Gather and assess relevant information to support transaction monitoring investigations
• Prepare clear and concise transaction monitoring review reports, documenting findings, rationale, and recommended next steps
• Escalate potentially suspicious activity in accordance with internal procedures
• Support the preparation of internal suspicious activity reports and provide information required for Suspicious Transaction Reports (STRs), where appropriate

• Support the execution of the AML Monitoring Programme through sample reviews, file testing, and other monitoring activities
• Assist with thematic reviews and control testing under the guidance of senior Compliance personnel
• Identify potential control weaknesses or procedural gaps and identify findings appropriately
• Assist with remediation activities arising from monitoring reviews, internal audits, external audits, or regulatory reviews
• Maintain appropriate supporting documentation and evidence of AML control activities

• Assist with the preparation of AML/CFT-related management information and internal compliance reporting
• Support regulatory information requests and data-gathering exercises as required
• Maintain complete and accurate AML/KYC records and audit trails
• Assist the MLRO and Compliance team with the collation of information required for regulatory or internal reporting

• Keep up to date with relevant AML/CFT regulatory and industry developments affecting Ballinger Europe Limited, Ballinger Markets Ltd, and the wider Group
• Support the Compliance team with the implementation of procedural changes arising from regulatory developments

• Provide day-to-day AML/KYC support to business and operational teams, escalating more complex matters where appropriate
• Respond to routine AML/KYC queries in accordance with internal policies and procedures
• Collaborate with colleagues across the Group on AML, KYC, compliance, and remediation projects
• Support awareness of AML/CFT requirements and good compliance practices across the business
• Perform other duties that are reasonably required and appropriate to the level of the role

• 1-3 years of relevant experience in AML, KYC, financial crime, compliance, or a similar role within financial services
• Practical experience conducting CDD and, ideally, EDD reviews
• Experience with periodic reviews, ongoing monitoring, or transaction monitoring
• Good understanding of customer risk assessment, beneficial ownership, PEPs, sanctions, adverse media, Source of Funds, and Source of Wealth
• Ability to identify AML/CFT red flags and elevate concerns appropriately
• Experience reviewing customer or transactional information and documenting conclusions clearly
• Strong analytical skills and attention to detail
• Good written and verbal communication skills
• Ability to manage a varied workload and meet deadlines
• Ability to work independently on routine cases while seeking guidance on more complex or higher-risk matters
• Comfortable working collaboratively with Compliance, Operations, and business teams

• Experience with in payments, foreign exchange, electronic money, banking, brokerage, or another regulated financial…