Periodical Monitoring Analyst
Clear Junction is a global payments company, licensed and regulated by the FCA in the UK, that offers regulated end-to-end payment solutions based on proprietary in-house technology. The company's infrastructure is designed to meet the growing needs of global financial companies.
Founded in 2016, the business has seen double-digit growth year on year, with over 130 fintech professionals now based across the UK and Eastern Europe.
We are seeking a highly organised and detail-oriented Periodical Monitoring Analyst to join our Pre-Sales Compliance team in Riga. The successful candidate will support our Pre-Sales team with managing a wide range of compliance matters related to the payment solutions and services we provide. This role requires a proactive individual with some understanding of the fintech industry.
Key Responsibilities
- Acting as the 1st line of defence with respect to periodically reviewing and monitoring existing clients for AML, FinCrime and sanction risk- and compliance-related issues in accordance with the client’s risk score.
- Client periodic monitoring;
- Studying possible substantial changes in client's business model, licences suspended, revoked or obtained, search for adverse media etc.
- Investigate into issues found;
- If the client’s explanations are needed, the Periodical Monitoring Analyst (PMA) addresses the client either with a Client Services Manager acting as a proxy or, in exceptional cases, by turning to the Head of Periodical Monitoring and Transaction Screening.
- Notifying the Head of Periodical Monitoring and Transaction Screening about concerns and making escalations to the AML Compliance Team where appropriate (all escalation rules will be detailed in the internal regulations of the Commercial Compliance Division).
- Documenting results of periodic monitoring.
- Contributing to the client's due diligence, transaction and sanction screening, if requested.
- Contribute to the development, maintenance and implementation of compliance-related policies, procedures and other internal regulations
- Maintain relevant records and documentation, and keep an audit trail.
- Develop suggestions to enhance the CRM and other licensed and freeware tools used by the Sales and Marketing Department, as well as their integration with other software and services used by CJ.