Financial Crime

What is a KYC Officer? KYC (Know Your Customer or Know Your Client) Officers will have overall responsibility for screening new clients and customers for any signs of past or potential Financial Crime. In larger organisations this person will have KYC Analysts reporting in to them, in smaller businesses they may handle the Analyst duties…

What is an AML Officer? AML (Anti-Money Laundering) Officers focus on identifying and preventing money laundering activity, through monitoring transactions and examining customer and client records. In larger organisations this person will have AML Analysts reporting in to them, in smaller businesses they may handle the Analyst duties themselves. What does an AML Officer do?…

What is a Financial Crime Manager? Leading and managing the Financial Crime team, which may include AML, KYC and Fraud staff, the Financial Crime Manager will maintain an overall picture of the organisation’s Financial Crime approach and will often serve as the pivot point between the hands-on staff and the strategic and policy decisions being…

What is an MLRO? The Money Laundering Reporting Officer has a pivotal role to play in ensuring that a firm is compliance with anti-money laundering regulations. Additionally, they’re responsible for ensuring that, when appropriate, knowledge or suspicion of money laundering is properly disclosed to the relevant authorities. The role of the MLRO carries significant responsibility…

What is a Head of Financial Crime? A Head of Financial Crime is responsible for overseeing and managing the Financial Crime function within an organisation, ensuring that the company and its employees are adhering to policies, procedures and regulations in order to prevent and when necessary respond to Financial Crime. In smaller organisations this may…