We are seeking a highly skilled professional to fill the role of AML Associate, responsible for conducting ongoing surveillance and investigations on customer activities.
Key Responsibilities:
* Operate in the first line of defence as part of a team to ensure monitoring and screening activities are effectively documented in compliance with internal standards and regulatory expectations.
* Become an expert in our systems to identify potential suspicious transactions and assess risk profiles.
* Analyse customer transactions with reference to their risk history to determine reasonable basis for potentially suspicious activity.
* Assess screening alerts for political exposure and sanctions.
* Document alert assessments in line with procedures and escalate suspicious transactions and PEP/sanction alerts.
Requirements:
* Bachelor's degree in law, business, finance, or accounting (or equivalent). CAMS certification or similar Compliance diploma is desired.
* Strong understanding of financial crime methods including smurfing and money laundering.
* Good knowledge of Criminal Justice Act obligations and CBI Guidelines relating to reporting of potentially suspicious activity.
* Excellent analytical skills with strong attention to detail.