ROLE AND RESPONSIBILITIES

• Assist in reducing financial crime risk by effective application of the Group Financial Crime, Anti Money Laundering, Sanctions, Terrorist Financial and Bribery & Corruption standards as issued from time to time.
• Review new and existing Medium and High Risk Accounts, conducting open source research and adding commentary with findings. Escalating any identified discrepancies.
• Review and assess Source of Wealth information and documentation collected by the first line of defence and advise on anything additional that is required considering financial crime risks.
• Undertake quality assurance reviews in relation to Account Opening at pre-determined intervals.
• Undertake review of accounts and alerts that have flagged, and alerts generated through both payment and trade surveillance systems / reports.
• Undertake review of Politically Exposed Persons (PEPs).
• Engage in desktop research & enhanced due diligence research of third party suppliers and partners.
• Manage enquiries from the Payments Team in relation to cash payments and/or fund transfers to/from excluded countries, or any other queries.
• Manage enquiries from the New Accounts Team, the Premium Client Management Team, the Sales Trading Desk, Business Operations or any other department that are received into the Group Financial Crime Inbox
• Assist in the preparation of Financial Crime related MI.
• Undertake such other duties, training and/or hours of work as may be reasonably required and which are consistent with the general level of responsibility of this role.
• Perform Sanctions Screening of the CMC client base at regular intervals, reviewing possible matches, discounting the same and escalating positive matches to the MLRO for external reporting/ action.
• Build and maintain a good working relationship with key business personnel, guiding and supporting the business to ensure the existence of a strong risk culture with robust supporting systems and controls.
• Keep up to date with regulatory requirements around Anti Money Laundering, Bribery and Corruption, Financial Crime including Market abuse and Insider Dealing, Countering the Financing of Terrorism and Financial Sanctions.
• Provide sufficient cover during other team members’ leave/ absence.
• Assisting with other areas of Trade Surveillance, Financial Crime and Compliance as required
• Dealing with ad hoc queries from the business

KEY SKILLS AND EXPERIENCE

• Understanding of the UK Anti Money Laundering/ Know Your Customer requirements.
• Previous experience in an Account Opening or Payments role within financial services is desirable but not a pre-requisite.
• Training (internal/external) will be provided. This role is ideal for someone who is interested in specialising in Financial Crime Compliance.  

CMC Markets is an equal opportunities employer and positively encourages applications from suitably qualified and eligible candidates regardless of gender, sexual orientation, marital or civil partner status, gender reassignment, race, colour, nationality, ethnic or national origin, religion or belief, disability or age.