AML Investigation Analyst

About the role:

The AML Compliance Analyst is responsible for the analytical functions involved with the daily monitoring of the activities related to Anti Money Laundering (AML) and Counter Terrorist Financing (CTF) compliance programs, as well as regulatory compliance related analytical tasks.

The Analyst will assist management with ensuring compliance with local regulations, company policies and procedures through the review of high risk reports; monitoring and reviewing data produced by the system to determine if transactions are suspicious in nature; identifying potential higher risk relationships; completing investigative work leading to Suspicious Activity Reports and working on the report itself; partnering with personnel as it pertains to AML/CTF/sanctions issues; and remaining current on compliance matters as they relate to AML, Sanctions, CTF, CDD/EDD and transactions monitoring.

What you will own:

Reporting to the AMLCO and Deputy AMLCO, you will:

• Monitoring of initial and on-going Know Your Customers (KYC) requirements.

• Assisting with devising and implementing enhancements to the transaction monitoring reports and develop new ways to improve the transaction monitoring program, including both live and post event monitoring.

• Accurately risk assessing new and existing customers, resolving appropriate issues where required.

• Auditing/Analysis of customer activities, by communicating with customers via email to meet the WR ongoing customer due diligence requirements and obligations.

• Attending to escalations of Sanction Screenings and PEPs

• Escalating any suspicious activity/concerns to the Compliance Officer/ writing SARs to the NCA or other FIUs

• Responsible for dealing with and investigating alerts from live/post transaction monitoring reports.

• Devising new and enhanced typologies for transaction monitoring including indicators and scenarios that relate to World Remit’s customers’ typical behaviour

• Assisting with the preparation and review of internal policies and procedures

• Providing training and support to other departments in particular first line of defence

What you bring to the table: 

• Previous experience in KYC or AML compliance.

• Familiarity with the FinCrime landscape 

• Team player adaptable to fast-paced and changing environment.

• Ability to manage tight processes, with accuracy and attention to detail.

• Highly disciplined person, self-motivated, and delivery focused 

• Ability to prioritise time, to work unsupervised and to react to urgent situations

• Excellent communication skills both verbal and written in one of the local languages and English

• Strong organisational skills and comfortable providing challenge to the business where required

• Proficient in MS Office (Excel, Word, PowerPoint)

• Previous experience in writing policies, processes, and procedures

• Critical thinking

• Knowledge of standard AML requirements in Money Laundering Regulations/GDP