AML Analyst
Isle of Man
Permanent
Our client seeks an AML Analyst to join their Customer Services AML Team.
Role Profile: Reporting to the AML Manager, the role primarily supports the Company's AML/CFT defence by undertaking client screening, AML risk assessments and transaction monitoring. Additionally, the role holder will undertake AML assurance checking and be a point of reference for practical interpretation of AML policies and procedures across the business.
Key Responsibilities:
- Support the Company's AML/CTF defence by undertaking screening and risk assessments of the client base to identify any links to PEP's, 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 the AML/CTF obligations are met and will build strong relationships with the Regions and local business areas where required
- Maintain the PEP registers for all regions including reconciliation against system flags. Prepares periodic updates and reviews of PEP cases for business sign off
- Investigate results of manual and automated transaction monitoring to ensure SARs are raised accordingly and AML requirements have been met
- Perform monthly quality assurance checks on agreed processes in respect of compliance with the AML/CFT Insurance Division handbook
- Investigate external fraud incidents and recommend control enhancements where weaknesses have been identified.
Key Skills and Experience:
- An understanding of the regulatory AML framework for Isle of Man.
- Experience of using screening software such as World-Check, Dow Jones or Moody's Grid
- Previous experience in a financial crime environment. A strong preference will be given to candidates with experience of fraud investigation.
- Holds a Certificate or Diploma in either Anti Money Laundering, Financial Crime Prevention or Managing Fraud.
- Educated to at least A level standard.
- Experience of AML remediation projects.
