AML Compliance assistant

SUMMARY:
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POSITION INFO:

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.

Please send your CV to if you are interested.