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AML Analyst

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Moore Kingston Smith

Jul 23, 2024

Applications are closed

  • Job
    Full-time
    Junior, Mid & Senior Level
  • London

FAQs

What is the application deadline for the AML Analyst position?

The application deadline for the AML Analyst position is 18 August 2024.

Where is the AML Analyst position located?

The AML Analyst position is located in the City, London.

What is the salary range for this role?

The salary range for the AML Analyst position is £44,000 to £47,000 per year.

What are the main responsibilities of the AML Analyst?

The main responsibilities include obtaining and assessing data for corporate entities and individuals, conducting due diligence, performing electronic checks of client identification, assisting with ongoing monitoring of clients, identifying PSC discrepancies, and supporting the Anti-Money Laundering Officer in various tasks.

What qualifications are required for the AML Analyst position?

Candidates must have experience working within an accounting or other professional organization, a good knowledge of AML regulations, strong time management skills, good interpersonal and written communication skills, proficiency in IT and MS Office, and be educated to degree level or equivalent. A good command of spoken and written Chinese (Mandarin) is an advantage.

What benefits does the company offer to its employees?

The company offers salary reviews twice a year, 25 days of annual leave plus three days off at Christmas, a flexible working policy, comprehensive wellbeing support, professional subscriptions, and an inclusive work environment.

Who will the AML Analyst report to?

The AML Analyst will report to the AML Manager.

Is previous experience in AML required for this position?

While the job posting does not specifically state that prior AML experience is required, a practical knowledge of AML legislation and experience onboarding complex client structures is essential.

How does the company support employee well-being?

The company provides access to Digicare+, an Employee Assistance Programme, and more to support the well-being of its employees.

Will the AML Analyst work with clients directly?

Yes, the AML Analyst will collaborate with internal stakeholders and clients/solicitors to gather additional information needed for due diligence processes.

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Moore Kingston Smith

Accounting
Industry
501-1000
Employees
1923
Founded Year

Mission & Purpose

Moore Kingston Smith is a dynamic, leading UK firm of accountants and business advisers. We have been helping clients thrive since 1923. As trusted advisers to businesses, private individuals and not for profit organisations, we are passionate about helping our clients achieve their ambitions. We are committed to supporting them through good and tough times. Our highly experienced people have the strategic insight, drive and dedication to deliver results. With over 70 partners and more than 650 people based in and around London, we are a leading member of the Moore Global Network. An international family made up of over 30,000 people across more than 100 countries, members connect and collaborate to take care of our clients’ needs – at a local, national and international level.

Benefits

  • Pensions including auto-enrolment

    Pensions are compulsory under auto-enrolment regulations. A good pension scheme is an excellent tool for employee retention and reward. Schemes where the employer contributions are higher than the statutory minimum, of course, have the competitive edge. Often seen as complex and confusing, pensions should fit the specific requirements and demographics of each organisation. A reliable benchmarking review against sector and market is a good first step.

  • Group life assurance (also known as group death in service)

    In the event of an employee’s death, this pays a lump sum to beneficiaries, usually their spouse or children. It is either a fixed monetary amount or a multiple of basic salary. It is set up under a discretionary trust, so the sum assured is paid outside the probate system. This means it is not liable to inheritance tax. Premiums are a tax-deductible expense for the employer and a non-taxable benefit in kind for the employee.

  • Group income protection

    In the event of long-term incapacity following illness or injury, the employee receives a continuing income. It takes over from an organisation’s standard sick pay arrangement. It pays a percentage of the employee’s salary monthly for a specific duration or until a certain age. It can also cover pension and national insurance contributions. It can include an absence management service and rehabilitation support during the employee’s recuperation. The benefit is paid gross to the employer, with the employee then paid via the PAYE system, minus tax and national insurance contributions. Premiums are a tax-deductible expense for the employer and a non-taxable benefit in kind for the employee.

  • Group critical illness

    In the event of a serious, life-threatening illness, an employee receives a tax-free lump sum – either a fixed amount or a multiple of their salary. The payment is triggered when an employee survives for a specified period. This is regardless of the employee’s ability to continue working or recovery duration. Each insurer defines the medical conditions covered which include the most serious conditions, such as cancer, kidney failure and heart attack. Employers can choose to include extra conditions. Premiums are a tax-deductible expense for the employer and a taxable benefit in kind for the employee.

  • Group private medical insurance

    This covers the associated costs of private medical treatment in the UK. Employers can tailor the product to make it as comprehensive as possible, covering a wide range of GP-referred medical treatments. A choice of underwriting is available, affecting whether pre-existing health conditions are covered. The cost of premium is usually calculated on an age-rated basis, meaning it increases as a member ages. Additionally, membership size can affect the premium rates, with larger schemes sometimes obtaining lower rates. The employer can tailor cover levels to meet their requirements and budget.