Resourcing an interim CASS SME
A peer-to-peer lender needed our help to rapidly improve its systems to regulatory standards
Our client, a branch of a foreign bank, needed to respond to a Section 166 from the FCA, by upscaling its Anti Money Laundering team. We needed to source a number of experienced file reviewers
They needed to review a number of samples, and the highest risk cases needed to be identified, based on several risk factors including:
The perceived level of risk of the client, e.g. location, firm type, business profile, from the following categories:
We have a robust bank of Anti Money Laundering and KYC contract candidates, and we have also noted in the past that there is a strong network of recommendations amongst individuals with this experience. We asked for recommendations and networked
We held an assessment day where we invited a number of ‘new to us’ candidates to come in and interview, after which we were able to offer them the roles. In addition, we were able to supply several candidates with whom we had worked before, with great feedback
Our client was delighted with the calibre of candidates that we presented, and our team carried out the work successfully. Several of them had their contracts extended