AML Analyst

Our leading Finance Sector Client is expanding its Compliance and Risk Team as they continue to grow. They are now seeking an AML Analyst to primarily support the Company's AML/CFT defence by undertaking client screening, risk assessments and transaction monitoring of the client base. Additionally, you will undertake AML assurance checking and be a point of reference for practical interpretation of AML policies and procedures across the business.

As an AML Analyst here you will:

• 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 our AML/CTF obligations are met and will build strong relationships with our 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 IFGL AML/CFT internal procedures
• Investigate external fraud incidents and recommend control enhancements where weaknesses have been identified

The ideal candidate for the role of AML Analyst will have:

• An understanding of the Isle of Man's regulatory AML framework
• 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
• Ideally hold an ICA AML qualification and educated to A Level standard
• Must be able to demonstrate practical experience of working on AML remediation projects such as risk rating and obtaining EDD