AML Compliance Officer – London, United Kingdom

Would you like to pursue a career in one of the most significant business areas these days - Anti-Money Laundering (AML)? Are you ready to play a vital role in helping millions of people and businesses to enjoy secure, reliable financial services? We are looking for a passionate candidate to join United Kingdom Regional Compliance team in the position of AML Compliance Officer based in London, United Kingdom.

Hybrid mode – 3 days per week at the office

Office location –Victoria (London)

Western Union powers your pursuit.

Oversee day-to-day workflow related to due diligence for the onboarding, recertification, and periodic monitoring of Western Union agent locations in the United Kingdom. Contribute to the development, implementation and enforcement of policies, procedures, and programs designed to minimize potential money laundering risk within the established strategies of the department.

Role Responsibilities

• Conduct due diligence by applying complex analysis and investigation of potential and existing agents using Western Union systems as well as reviewing records from public and private databases.
• Perform suspensions, reactivations, interdictions, and reinstatements when required to minimize risk to the Western Union network, agents, and consumers.
• Review complex cases that have been escalated by the banks, our partners, or internal teams.
• Work cross-functionally with teams across the compliance organization, business, operations organization, and Internal audit teams to ensure UK compliance team’s goals and objectives are met.
• Perform enhanced research and become familiar with relevant regional laws, news, customs, and cultures.
• Working on various tasks and projects related to Western Union Agent Oversight, Transaction Monitoring and Reporting and other important elements of AML Compliance program.
• When needed, contact by phone, or visit Western Union Agents (up to 10% of travelling could be required within London area) based in the United Kingdom, to review them or remind about their AML compliance related responsibilities.

Role Requirements

• +4 years’ experience in AML Compliance, investigations, or risk-based role within financial services.
• Understanding of retail and digital financial services products.
• Understanding of anti-money laundering regulations in the United Kingdom.
• Bachelor's degree preferred.
• Good communication, time management and teamwork and collaboration skills.
• Working knowledge of MS Office, especially strong MS Excel skills.
• You must be detail-oriented, able to multitask, and work well under pressure. 
• Analytical and problem-solving skills.

We make financial services accessible to humans everywhere. Join us for what’s next. 

Western Union is positioned to become the world’s most accessible financial services company —transforming lives and communities.  To support this, we have launched a Digital Banking Service and Wallet across several European markets to enhance our customers’ experiences by offering a state-of-the-art digital Ecosystem. More than moving money, we design easy-to-use products and services for our digital and physical financial ecosystem that help our customers move forward. 

Just as we help our global customers prosper, we support our employees in achieving their professional aspirations. You’ll have plenty of opportunities to learn new skills and build a career, as well as receive a great compensation package. If you’re ready to help drive the future of financial services, it’s time for Western Union. Learn more about our purpose and people at https://careers.westernunion.com/ 

Benefits 

You will also have access to short-term incentives, multiple health insurance options, accident and life insurance, and access to best-in-class development platforms, to name a few 
(https://careers.westernunion.com/global-benefits/). Please see the location-specific benefits below and note that your Recruiter may share additional role-specific benefits during your interview process or in an offer of employment. 

Your United Kingdom specific benefits include:  

• 25 days annual leave – plus 8 public holidays 
• Comprehensive life & medical cover – including dependents. 

• Contributory pension plan 
• Comprehensive corporate benefits 

Western Union values in-person collaboration, learning, and ideation whenever possible. We believe this creates value through common ways of working and supports the execution of enterprise objectives which will ultimately help us achieve our strategic goals. By connecting face-to-face, we are better able to learn from our peers, problem-solve together, and innovate. 

Our Hybrid Work Model categorizes each role into one of three categories. Western Union has determined the category of this role to be Hybrid. This is defined as a flexible working arrangement that enables employees to divide their time between working from home and working from an office location. The expectation is to work from the office a minimum of three days a week. 

We are passionate about diversity. Our commitment is to provide an inclusive culture that celebrates the unique backgrounds and perspectives of our global teams while reflecting the communities we serve. We do not discriminate based on race, colour, national origin, religion, political affiliation, sex (including pregnancy), sexual orientation, gender identity, age, disability, marital status, or veteran status. The company will provide accommodation to applicants, including those with disabilities, during the recruitment process, following applicable laws. 

#LI-LP1 #LI-Hybrid

Estimated Job Posting End Date:

11-13-2024

This application window is a good-faith estimate of the time that this posting will remain open. This posting will be promptly updated if the deadline is extended or the role is filled.