Risk Based Due Diligence and Transaction Monitoring Analyst

About us

At Davy, it’s the unique talents of all our people that have been the foundations of our success for 100 years. As we continue to grow, so do you. Because you are not just part of our team – you are a key player in shaping our future.

At Davy, you are the difference. 

Established in 1926, the Davy Group sits at the heart of wealth and capital in Ireland, providing a broad range of services to high-net-worth individuals, self-directed investors, small-to-medium enterprises, credit unions, corporations, and domestic & international institutional investors.

Our culture is shaped around three values, which are at the heart of everything we do: client success, one Davy, and building a proud legacy. Sharing the same goals, we work together to deliver exceptional outcomes for our clients. As part of a team of over 900, you will be encouraged to learn and to grow, both professionally and personally.

About the role

An exciting opportunity has opened up in the 1st Line of Defence against Financial Crime. In the role, the successful candidate will:

• Conduct Ongoing Due Diligence reviews on customers, including High Risk, PEP’s and Corporates
• Transaction Monitoring: Review Alerts to identify indicators of Fraud, AML, Terrorist Financing and other high-risk indicators.
• Become expert in internal and external systems to ensure all monitoring and screening activities are effectively documented in compliance with internal standards and regulatory expectations
• Analyze customer transactions with reference to their risk profile and history to determine reasonable basis for potentially suspicious transactions
• Assess screening alerts for political exposure and sanctions
• Document alert assessments in line with procedures and escalate suspicious transactions and PEP/sanction alerts
• Prepare first draft narratives on SAR/STR’s for reporting to FIU and revenue
• Complete all reviews in line with Davy standards and KPI’s
• Support colleagues in the second line of defence in responding to FIU and Revenue queries

Requirements

About you

• Bachelor's degree in law, business, finance, or accounting preferred or Certified Anti-Money Laundering Specialist (CAMS) or similar Compliance diploma or accreditation
• 1+ years' experience in transaction monitoring and screening for financial crimes, and ongoing due diligence reviews preferably in an investment firm or other financial institution
• Knowledge of financial crime methods - Smurfing, Money in/out, Insider Trading and Market Abuse
• Knowledge of the Criminal Justice Act obligations and CBI Guidelines relating to reporting of potentially suspicious activity
• Strong analytical skills with a strong attention to detail, and a direct experience escalating high-risk issues to management
• Excellent oral and written communication skills
• Self-motivated with the ability to work in a small team

Benefits

What we offer

At Davy, our people are our biggest investment. In today’s fast-moving world, we know it’s important to feel secure and empowered. That’s why Davy benefits support you through all of life’s stages, offering health and wellness, flexible working options, flexible benefits allowance, learning and development opportunities, through to assisted retirement planning. 

Health and Wellbeing

Psychological safety, emotional wellbeing and support are a priority at Davy. We offer a comprehensive Employee Assistance Programme (EAP) and mental health first aid. Our Sports & Social teams promote physical wellbeing and social connection.

Reward and Recognition

We offer a competitive remuneration package to include salary, bonus, pension and a host of additional benefits to protect you and your family when it matters most.

Growth and Development

Our award-winning L&D function supports you and your growth at Davy. We offer a comprehensive range of professional and personal development opportunities. Our culture supports learning, and we encourage you to explore more at Davy.

Positive Workplace

Our workplace is inclusive, diverse, and offers everyone a sense of belonging. We are flexible and continue to support a hybrid working model. You will get to be your best at Davy.

Values and Culture

Exceptional client outcomes delivered by a world class team, underpinned by our core Davy values – One Team, Client Success, and Proud Legacy. 

Important Information

Davy is an equal opportunities employer, committed to fostering an inclusive and diverse workplace. We value diversity in both background and experience, and even if you don’t meet all of the requirements outlined in the job description, we still encourage you to apply. We review all applications received. As part of our commitment to creating an accessible environment, we want to ensure that everyone has an equal opportunity to participate in the interview process. If you require any reasonable accommodations, please let us know, and we will do our best to make the necessary arrangements.

Appointment to this role is subject to the candidate's eligibility to work in Ireland.

Where agency assistance is required, our Recruitment Team will engage directly with suppliers. Unsolicited CVs / profiles supplied to us by recruitment agencies will not be accepted for this role.

Davy Group is a member of the Bank of Ireland Group.