AML Compliance assistant
Hiring: AML Compliance Assistant
About the Role:
We are seeking a detail-oriented and motivated AML Compliance Assistant. The ideal candidate will have at least one year of experience in Anti-Money Laundering (AML) compliance within the financial services industry. You will play a crucial role in ensuring the firm adheres to all relevant regulations and internal policies related to AML and Know Your Customer (KYC).
Key Responsibilities:
Sanctions, PEP, and Adverse Media Screening: Conduct thorough reviews of sanctions screening, PEP) and adverse media checks for clients and counterparties.
AML/KYC Due Diligence: Review and analyze AML/KYC due diligence information for a diverse range of clients with varying legal structures and jurisdictions, ensuring compliance with the firm's due diligence requirements.
Enhanced Due Diligence (EDD): Review high-risk accounts and EDD reports, and assist the Client Services Team with EDD requirements.
Suspicious Activity Monitoring: Analyze customer relationships, documentation, activity patterns, and transactions to detect potential suspicious activity or activity inconsistent with the client's profile, escalating as necessary.
AML Training Support: Assist in providing AML training to staff.Risk Assessments: Complete risk assessments on clients, considering relevant risk factors as determined by the firm.
Reporting: Compile various management reports.
Administration: Handle general administrative tasks.
Project Support: Participate in projects and ad-hoc tasks as required by management.
Compliance Documentation: Prepare updates to compliance documentation.
Due Diligence Requests: Respond to due diligence requests on behalf of the company.
Essential Skills and Experience:
Financial Services Experience: Prior experience in financial services, preferably within an investment or platform-based environment.AML Experience: Minimum of one year of experience in AML compliance.
Regulatory Knowledge: Knowledge of Money Laundering Regulations in the UK and/or FICA (Financial Intelligence Centre Act).
JMSLG Guidance (Preferred): Preferably knowledge of the (UK) Joint Money Laundering Steering Group (JMSLG) Guidance.
Customer Due Diligence: Knowledge of customer and enhanced due diligence, sanctions, PEP, and adverse media screening.
Financial Sanctions: Understanding of the implications of financial sanctions on financial institutions and their conduct, including OFAC, HM Treasury, EU, and UN sanctions.
Education:
A relevant degree or certification in compliance, finance, or a related field is preferred.