Our leading Finance Sector Client is expanding its Compliance and Risk Team as they continue to grow. They are now seeking an AML Analyst to primarily support the Company's AML/CFT defence by undertaking client screening, risk assessments and transaction monitoring of the client base. Additionally, you will undertake AML assurance checking and be a point of reference for practical interpretation of AML policies and procedures across the business.
As an AML Analyst here you will:
* Support the Company's AML/CTF defence by undertaking screening and risk assessments of the client base to identify any links to PEPs, sanctions, adverse media and financial crime
* Be a point of reference for practical interpretation of AML policies and procedures across the business
* Work closely with the AML Manager and wider AML team to ensure our AML/CTF obligations are met and will build strong relationships with our Regions and local business areas where required
* Maintain PEP and Higher Risk registers to include preparation of periodic updates and reconciliations
* Investigate results of manual and automated transaction monitoring to ensure SARs are raised accordingly
* Monthly quality assurance checks on agreed processes in respect of compliance with the IFGL AML/CFT internal procedures
* Investigate external fraud incidents and recommend control enhancements where weaknesses have been identified
The ideal candidate for the role of AML Analyst will have:
* An understanding of the Isle of Man's regulatory AML framework
* Experience of using screening software such as World-Check, Dow Jones or Moody's Grid
* Previous employment history within the financial crime function of a regulated financial services company
* Ideally hold an ICA AML qualification and educated to A Level standard
* Must be able to demonstrate practical experience of working on AML remediation projects such as risk rating and obtaining EDD