Corporate Bank – Financial Crime Remediation

What They Needed

Momenta was approached to deploy resources across our client’s Corporate & Commercial FC Remediation operation. The programme initially required c. 30 contractors to support with Client Services & Outreach activities. ​

This quickly expanded to a requirement for 90+ experienced financial crime specialists in workstreams including Blocking & Exits, Line 1 Advisory, Risk, Specialist Query Resolution, Complaints and Quality Assurance.

How We Helped

The primary focus for recruitment was on Customer Contact Agents, these were sourced within a 2-month period, identifying experienced KYC experience from Momenta’s resource pool.

This moved onto the deployment of more specialist resource into strategic Project Management & BA positions, alongside key Financial Crime Advisory & SME roles.​

Momenta associates were also engaged to expand our client’s KYC Complaint Handling team, drawing on our wealth of experience within this area.​

Momenta maintained regular contact with all engagement managers during their programme’s lifecycles, identifying and addressing any training needs and performance issues.​

The Outcome

All workstreams were scaled up in line with the intake plans set out by our client​.

Due to the quality of resources provided the initial ask expanded considerably, with Momenta placing upwards of 200 contractors in total across a 12-month period​.

A core team of Momenta associates was retained upon successful completion of the initial project, and several contractors were converted into employed roles with our client​.

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