AML Periodic Review Analyst (6 Month Temp)

AML Periodic Review Analyst

AML Middle Office

London, NBK House on 13 George Street

Periodic Review Team Leader (PRTL)

N/A

NBKI (London) management and staff

NBK Group, External providers

C - Officer

The AML Periodic Review Analyst supports the Bank’s AML compliance programme by carrying out scheduled periodic reviews of customer files across Retail and Private Banking. The role ensures customer information is accurate, due diligence standards are met, and financial crime risks are identified and escalated. This is a hands-on, detail-driven, process-oriented role requiring comfort with both manual and system-based work, and strong collaboration with relationship and internal stakeholders.

1. Key Responsibilities

• Carry out periodic reviews of customer files according to assigned risk levels (High – annual, Medium – every 3 years, Low – every 5 years), covering both Retail and Private Banking individual & corporate customers.
• Conduct and document Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) reviews for higher-risk customers.
• Prepare and document Source of Wealth summaries for higher-risk customers, where required, in line with AML policies and regulatory requirements.
• Review client transactional activity to ensure it aligns with the customer’s stated account purpose and expected behaviour.
• Identify and escalate gaps in documentation, missing KYC information, or other AML-related concerns.
• Perform World Check and Adverse Media screening; understand and summarise any relevant findings to support further review or escalation.
• Ensure customer information is accurately reflected in the Bank’s records and systems (e.g.,
• Equation/DMS), submitting required updates via the Control Unit.
• Assist in monitoring and updating client risk ratings based on review findings and in line with internal policies & regulatory AML guidelines.
• Maintain clear and accurate records of reviews performed, including outcomes, documentation reviewed, and actions taken.
• Prepare and submit summary statistics on work completed and outstanding, as required.
• Effectively manage individual workload to ensure timely completion of periodic reviews and adherence to deadlines.
• Support the PRTL and periodic review team in meeting regulatory and internal deadlines.
• Build and maintain effective working relationships with internal stakeholders and cross-functional teams.
• Raising a Suspicious Activity Report (SAR) in line with internal procedures where client activity appears suspicious or potentially linked to financial crime.

1. Qualifications and Experience

1. Qualifications

• Degree Level Education or equivalent, in Law or Financial Crime subjects preferred
• Mandatory AML certification (e.g., ICA Certificate, ICA Advanced Certificate, ACAMS, or equivalent).

1. Experience

• Experience conducting AML reviews (CDD/EDD) within Financial Services.
• Comfortable with manual processes, document-heavy workflows, structured queues, and process-driven tasks.
• Strong capability using Excel (filtering, sorting and basic formulas).
• Understanding of corporate structures (corporates, trusts, SPVs).
• Working knowledge of AML regulations (FATF, JMLSG, FCA, MLRs).
• Proficiency with Microsoft Office applications.

1. Skills

             The job holder requires:

• High attention to detail and accuracy.
• Strong organisational and time-management skills.
• Clear, confident communication with stakeholders.
• Team-oriented, adaptable, and proactive.
• Ability to work at pace and manage competing priorities.
• Comfortable “rolling up sleeves” and working through manual processes and a team player.

1. Key Success Factors:

• Consistent application of a risk-based methodology.
• Ability to interpret information, recognise irregularities, and summarise findings effectively.
• Strong partnership with relationship officers and internal teams.
• Delivering high‑quality work under tight deadlines while maintaining accuracy and professionalism and high volume.