Financial Crime Coordinator

6 months ago


Wallsend, United Kingdom Newcastle Building Society Full time

About the Role

Sitting within Operations, the Savings Financial Crime Team supports both the Newcastle Building Society and our NSSL partners in preventing and detecting our savings products from being used for the purposes of Money Laundering, Counter Terrorist Financing and Fraud.

As a Financial Crime Coordinator within the team, your role will be to perform risk based financial crime due diligence. This will include:

- Identifying, investigating and escalating suspicious and high-risk activity.
- Performing and assisting with customer due diligence.
- Screening customers against Sanction, Politically Exposed Persons and other High Risk lists.
- Assisting the authorities with investigation enquiries.

For full details of the duties and responsibilities please refer to the attached role profile.

About You

Experience of working within a Financial Crime setting will be advantageous, along with an understanding of the Financial Crime threats savings products may encounter.

You should have the ability to make risk based decisions and manage a high volume workload (including alert processing).

About Us

Newcastle Strategic Solutions is part of the Newcastle Building Society Group and is dedicated to the provision of outsourcing for financial services.

The Financial Crime Unit provides support to Newcastle Strategic Solutions clients and Newcastle Building Society to manage their regulatory obligations in relation to Financial Crime.This is an exciting opportunity for the right individual to join the Financial Crime Unit to assist in the prevention of Money Laundering, Terrorist Financing and Fraud.

**What do you get in return? As well as receiving a competitive annual salary based on above-market pay scales, our reward package includes**:

- A 35-hour weekly contract + flexible working options
- 25 days holiday each year plus bank holidays (increasing with length of service)
- Bonus Scheme (paid annually) -On target 5%, up to 10% depending on performance
- Colleague mortgage scheme and access to our financial advisors
- Pension scheme - up to 9% employers’ contribution
- Life assurance (4x salary) and income protection
- Access to a range of wellbeing benefits, including medicash scheme
- Electric car salary sacrifice scheme
- Cycle to Work scheme
- Above statutory family leave entitlement - 3 months full pay, 3 months half pay regardless of gender or route to parenthood
- An extra day’s holiday for your birthday
- The option to buy and sell holidays
- Two paid volunteering days each year
- A broad range of learning and development opportunities
- Access to a range of high street and online discounts
- Free onsite gym at Cobalt and access to a range of discounted/subsidised gym memberships nationwide
- A wide range of recognition initiatives to recognise and reward great performance
- Hybrid working - we welcome any discussions around where, how and when people work including part-time hours.

Upon starting a new role with us, we will ensure you are equipped with the correct tools and technologies to enable you to do your best work within your hybrid arrangement.

**Salary**: £23,432.00-£26,224.00 per year

**Benefits**:

- Company pension
- Cycle to work scheme
- Employee discount
- Enhanced maternity leave
- Enhanced paternity leave
- Free parking
- Health & wellbeing programme
- Life insurance
- On-site gym
- On-site parking
- Referral programme
- Work from home

Schedule:

- Monday to Friday

Work Location: Hybrid remote in Wallsend


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