AML Officer, Lloyds
Fixed Term Contract
£29.5-31k
+ Share schemes including free shares + An annual performance-related bonus
3 days a week in office (Basildon, Essex)
Retail and commercial bank
Job no longer available
Retail and commercial bank
1001+ employees
Job no longer available
£29.5-31k
+ Share schemes including free shares + An annual performance-related bonus
3 days a week in office (Basildon, Essex)
1001+ employees
Company mission
To support families and businesses, helping them to take the next step, whatever that may be.
Role
Who you are
- Carries out simple procedural tasks to support management of external client relationships
- Works within current standard compliance processes, systems, and procedures, and reports simple non-compliance issues
- Procedural/Product/Specialist Knowledge - strong technical knowledge of Anti-Bribery, AML and Sanctions and good technical knowledge of other financial crime areas
- Strong communication skills, both written and oral
- Organisational Awareness – Knows how to get things done and gain commitment
- Stakeholder Management – Knows how to influence others to achieve objectives
- Ability to build & maintain internal / external customer relationships
- Be an active team player who can prioritise their workload
- Creates, organises and maintains files for correspondence and records
- Develops personal capabilities using existing formal and informal training opportunities
- Collects and prepares standard data related to ongoing issues
- Supports others by performing routine policy-related tasks according to established procedures
What the job involves
- Full Time - 12 month Fixed Term Contract
- This is your chance to be part of a dynamic team onboarding new and existing merchants and help us grow our business
- As an AML Officer you will be responsible for ensuring Cardnet remains compliant within CDD standards, the Group Policy and legal requirements relevant to Anti-Money Laundering and Counter Terrorist Financing
- You will be undertaking customer due diligence for new and existing commercial clients in line with AML standards and collaborating with the Client Development teams on Financial Crime Policies and Procedures
- You will also be sharing best practice and developing and maintaining excellent working relationships with all operational and processing areas of Fiserv to ensure a smooth end to end onboarding process for the client
- AML Officers are also encouraged to take accountability for explaining and supporting colleagues with achieving Right First Time when completing new and existing applications
- The AML Team have 6 colleagues working closely together to support both from within and also the wider Cardnet community. This is a great opportunity to expand your skillset and gain a great understanding of customer due diligence
- Due to the technicalities of the role, side-by-side training is required and there is an expectation for 100% office attendance for the first 6 weeks, which will drop to 60% once initial training completed
Application process
- End Date: Wednesday 30 April 2025
Salary benchmarks
Our take
Lloyds Bank, part of Lloyds Banking Group, began operations back in 1765 and is nowadays one of the UK’s leading retail and commercial banks. As with many leading banks, the company has dealt with its share of controversy – including for its handling of PPI complaints in 2015, and the 2009 European Commission ruling that forced it to part ways with TSB – but it has nonetheless stood the test of time and worked to build back its public reputation in the wake of these setbacks.
Of the company’s 26 million customers, over 18 million of them are online, making it the largest UK digital bank. As part of its ongoing digital transformation, the company is seeking to put the cloud at the front of its services and systems, and has cited intentions to invest heavily in overhauling its current technology infrastructure. All this seeks to serve the modern banking customer, and to compete with the fast-increasing number of alternative banking options appearing on the market.
Recently, Lloyds Bank has shown great interest in facilitating innovation in the industry, joining as a partner on FinTech Action Labs (a FinTech accelerator programme) to bring its industry expertise to early-stage FinTechs. As well as investment in digital transformation and AI, the company is enhancing its wealth product and corporate banking offerings, as well as expanding its partnerships with digital banking companies.
Steph
Company Specialist at Welcome to the Jungle
Insights
-1% employee growth in 12 months
Company
Company benefits
- Flex cash: This is 4% of your basic salary and can be used to spend on the benefits of your choice, or you can choose to take it as a cash top up in your monthly salary.
- A generous holiday allowance: You’ll be eligible for a minimum of 22 days holiday (excluding bank holidays), rising to 30 days based on length of service and grade.
- A flexible way of working: Whether you want flexibility over your location or when you log on, together we can create an approach that works for you and for the business.
- Family leave: Up to 63 weeks of maternity or adoption leave. Statutory maternity or adoption pay is available for 39 weeks, and 20 weeks will be enhanced to the equivalent of full pay. Partners can have six weeks of fully paid paternity leave.
- Health insurance: Our company funded Private Medical Benefit provides all colleagues with access to good quality medical care, including accommodation, nursing care and specialist advice.
- Colleague Offers: Get discounts on everything from electrical items to cinema tickets and weekly food shopping. You can share this benefit with up to ten family members or friends.
- Financial products: Take advantage of our great financial products, some at a discounted rate, including current accounts, home and car insurance and loans.
- Share plans: Participate in Sharematch and receive matching shares of up to £45 a month from the company, and you can choose to participate in Sharesave, our combined savings and share option plan.
- Pension: We offer a generous pension plan, with all joiners being automatically enrolled in our 'Your Tomorrow' scheme. You can decide how much you save and get a say in where your contributions are invested.
Company HQ
City of London, London, UK
Leadership
Charlie Nunn
(Group Chief Executive, not founder)Spent nine years at HSBC, including as Group Head of Wealth Management and Digital, and as CEO of Wealth and Personal Banking.
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