Junior Anti Money Laundering Financial Services
Posted on :
01-05-2024
Employer Active
1 Vacancy
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Job Description
Req ID : 2430404
- Assisting compliance department in development and implementation of AML policies and procedures.
- Regular coordination and follow up with internal departments for obtaining due diligence documents.
- Execute Due Diligence activity as per the defined process and regulatory guidelines.
- Completion of client risk assessment.
- Tracking and management of the various documents as per record retention policy.
- Ensure all reporting timelines are met as per agreed Turnaround Time (TAT).
- Screening and Transaction Monitoring Systems Review/Implementation
- Identify Red flags and control issues with respect to KYC/Client on boarding.
- Investigate and Preparation of Suspicious Activity Reports and Suspicious Transaction Reports.
- Liaise with regulators and supervisors in connection with the AML program and related regulatory issues.
- Build strong partnership with Internal Audit, Operations departments, Business development and other stakeholders in connection with the AML Program.
- Work with leaders throughout enterprise to resolve efforts to address related open issues in a timely and effective manner.
- Responsible to seek AML compliance Advice from the compliance committee, organize and participate in the compliance committee meeting.
- Timely filing of regulatory reports with the regulator.
- Develop training presentation and conduct training relating to AML/CTF, FATCA & CRS.
- Assist in the planning, execution and results analysis of AML compliance reviews.
- Work with the business lines during test work to understand control processes and to identify action plans to address control deficiencies.
- Communication with various levels of management to ensure AML/CFT compliance.
- Maintain ongoing awareness, current knowledge of all applicable internal and external AML compliance regulatory requirements and identifying any issues that could impact the Institution.
- Review high risk relationships especially cases that are escalated to Senior Management and ensure that all risks are appropriately highlighted for sign-off.
Employment Type
Full Time
Key Skills
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