AML Analyst
Isle of Man
Permanent
Our client seeks an AML Analyst to join their Customer Services AML team.
Key Responsibilities:
- 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 AML/CTF obligations are met and will build strong relationships with 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 internal AML/CFT internal procedures.
- Investigate external fraud incidents and recommend control enhancements where weaknesses have been identified.
Key Skills & Experience:
- An understanding of the Isle of Man's regulatory AML framework.
- Ideally holds an ICA AML qualification and educated to A Level standard.
- 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.
- Must be able to demonstrate practical experience of working on AML remediation projects such as risk rating and obtaining EDD.
