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Anti Money Laundering Analyst

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Salary: £17.95 per hour


Greater London, London

Job Advertiser

FRS Recruitment
Registered: 13 Dec '17
Postings: 4
Followers: 3, Following: 0

Job Reference: FRS59685

Job Duration:

Start date:

Description:

My client, amultinational financial services company based in Shannon, Co Clare, is looking for a temporary Anti Money Laundering Analyst.Primary Responsibilities:

Execution

* Ensure compliance with the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010, including:

* Meeting customer due diligence requirements and re mediating customer records as needed* Conducting ongoing customer AML risk reviews and collaborating with business units as necessary
* Assisting in reviewingreports on high-risk jurisdictions for enhanced due diligence requirements
* Participating in the periodic review of politically exposed persons (PEPs), relatives, close associates (RCAs), and Special Interest Persons register

Governance & Risk Assessment

* Stay updated on changes to legislation, regulatory guidelines, and industry standards, assisting the Head of Financial Crime & MLRO in implementing these changes
* Aid in reviewing and updating AML-related Standard Operating Procedures(SOPs) in alignment with policies and procedures

Reporting

* Assist in preparing relevant reports and providing necessary management information to ERC, Executive Committee (ExCo), Audit and Risk Committee (ARC), and Board
* Prepare suspicious activity reports (STRs) for review by the Head of Financial Crime & MLRO, and upon approval, submit STRs to the relevant authorities

Ad Hoc Projects

* Participate in customer on boarding and AML initiatives as per business needs

Skills & Experience

* Relevant experience and knowledge of business functions and systems pertinent to AML/CFT
* Previous experiencein an AML KYC Analyst or similar role
* Proficiency in Microsoft applications such as Excel, PowerPoint, and Word
* Strong attention to detail, delivering accurate and high-quality work
* Possession of a suitable AML qualification (desirable)

KeyPerformance Indicators

* Accurate production of client and management information
* Timely completion of tasks related tocustomer due diligence (CDD) and customer onboardings (COA)
* Provision of clear guidance to the business on AML/CFT matters* Active contribution to AML/CFT policy, procedures, and SOPs
* Prompt escalation of identified or suspected AML/CFT mattersto the Senior AML Analyst
* Active involvement in remediation efforts for identified issues

Competencies

* Ability to work both independently and collaboratively within a team
* Strong analytical skills
* Commitment to accuracy and quality
*Adaptability in dealing with changes
* Customer service orientation
* Effective influencing and persuasion abilities
* Proficient task management and adherence to deadlines

Industry: Financial Services

Salary: €17.95 - €20.51 per hour

Salary Benefits:

Vacancy Type: Contract

Job Skills: -

Contact Name: Amee Mullen

Website: -

Direct Application URL: -

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Position Details

Advert Ref: #3055631
Posted: 07 Feb '24
Visits: 67