Senior KYC Analyst

Hampshire Trust Bank is a specialist bank, staffed by experts focused on helping UK businesses realise their ambitions. Our dedicated Development Finance, Wholesale Finance and Specialist Mortgages divisions ensure that businesses receive the outstanding service, lasting relationships, integrity and expertise they need to prosper.

We also provide savings accounts to individuals and businesses and since we lend only to businesses, our savers can be sure their money will be used to boost the British economy.

The bank is authorised by the Prudential Regulation Authority and regulated by the Prudential Regulation Authority and the Financial Conduct Authority.

The working pattern of this role is hybrid, with an expectation to be in the office 50% of the time.

For more information, please visit our website: www.htb.co.uk

Our Values and Behaviour

All members of the HTB team are expected to demonstrate values and behaviour that underpin everything that we believe in.

Specialist Customer Focus

We engage with customers to understand their needs and we respond by delivering specialist, high quality solutions.

• We listen to our customers and learn from what we hear and act accordingly.
• We are thoughtful and considered about the solutions we deliver.
• We prioritise good customer outcomes.
• We understand and respond to the distinct needs of each customer.
  
  

Delivering Excellence

We uphold excellent standards in all our operations and processes to ensure consistency and accuracy in every transaction.

• We lead with clarity and purpose.
• We embrace change and we adapt.
• We take pride in doing a good job.
• We embrace an ‘Even Better’ mindset and strive for continuous improvement.
  
  

Unwavering integrity

We act with integrity. We embrace both the spirit and the letter of the legal and regulatory standards. We recognise the value they add.

• We do the right thing.
• We are transparent in all our dealings.
• We speak up when things are not right.
• We foster a culture of accountability and ownership, not blame.
  
  

Team HTB

We foster a respectful and inclusive culture where colleagues feel valued, empowered and heard.

• We lead by example where trust, respect and positive action is role modelled.
• We recognize others when they achieve and celebrate their success.
• We support each other – together we are stronger.
• We value diversity and we collaborate to achieve as one team.
  
  

Position

The Senior KYC Analyst is responsible for managing transaction alerts and for undertaking rigorous and thorough KYC checks and analysis as part of the Bank’s internal processes and requirements. This position plays a critical role within the Bank’s well respected Financial Crime Team and ensures adherence to best practice in financial crime matters and practices, ensuring and mitigating risk against the Bank’s defence including, but not limited to, money laundering, terrorist financing and fraud.

Requirements

• 1 line review and investigation into alerts/conflicts, including CIFAS, payment & customer screening alerts, and to take appropriate action(s) or escalate, as necessary.
• Serve as the primary point of contact for escalations from screening analysts, addressing situations where a match cannot be discounted on Comply Advantage and assessing alternative discounting factors before escalating to specialists.
• Review and approve high-risk periodic reviews, including occasional outreach letters, ensuring they meet quality standards prior to being sent to clients.
• Deliver training to the team based on monthly periodic review QA feedback and effectively address and remediate any identified findings from 2LOD.
• Ensure periodic reviews are completed in a timely manner and the customer outreach mailbox is cleared within agreed SLA timescales.
• Conduct transaction monitoring, sanctions screening, PEP and SIPs identification, ensuring financial crime risks are identified, assessed, managed, and reported in accordance with internal processes to minimise impacts on operational activities.
• Ensure decisions are thoroughly documented in a coherent manner.
• Undertake periodic AML reviews to include screening of customers & beneficial owners against International Sanctions Lists, PEP data, source of wealth checks, discounting of partial matches and escalate Target Matches to the Financial Crime Specialist.
• Provide support to internal stakeholders and colleagues on general enquiries within the Bank on Financial Crime matters and customer enquiries.
• Maintain a good up to date knowledge of sanctions, AML and terrorist financing issues including internal policies, procedures, best practice, and common red flags.
• Participate in Bank-wide KYC and AML related projects as required.
• Update standard operating procedures related to payment screening and periodic reviews on an annual basis.
  
  

Other Information

• Demonstratable experience in an AML/FC related role, or similar is essential.
• Proficient practical knowledge of UK Anti-Money Laundering requirements including Money Laundering Regulations, Proceeds of Crime Act, Terrorism Act and JMLSG Guidance.
• Strong academic background with a degree in a quantitative discipline
• Exceptional attention to detail, rigour, and accuracy
• An AML qualification (i.e., ICA Certificate or Advanced Certificate in AML/KYC/CDD) would be advantageous.
• Proficient using Microsoft Office programmes and tools (including Excel & PowerPoint)
• Demonstratable analytical abilities.
• Good understanding of the principles and practice requirements of Financial Crime and AML regulations.
• A collaborative approach with excellent communications skills with the ability to interact with colleagues and customers.
• Portrays risk awareness through curiosity and questioning.
• Willingness to learn and develop new skills.
• A strong commitment to service excellence and quality through identifying, initiating, and implementing new initiatives/improvements to continuously develop standards and practices within the department.
• A team player willing to go beyond ‘the norm’ to deliver to exemplary standards.