AML Analyst

We are looking for an AML Transaction Monitoring Analyst reporting to the Compliance Manager to join the Compliance Team. The successful candidate will be responsible for the analytical functions involved with the daily monitoring of the activities related to Anti Money Laundering (AML) and Counter Terrorist Financing (CTF) compliance programs. Assist management with ensuring compliance with regulations, company policies and procedures through review of high risk reports; monitoring and reviewing data produced by the system to determine if transactions warrant further review; identifying potential higher risk relationships; and remaining current on compliance matters as they relate to AML, Sanctions and Due Diligence.

Main Responsibilities:

• Transaction monitoring of customers including the review of monitoring alerts
• Running transactional reports for monitoring purposes
• Assisting with conducting due diligence and risk assessment on account applications
• Conducting periodical PEP / sanction screening and investigating potential hits
• Responsible for end-to-end AML and Know Your Customer (KYC) investigations
• Reviewing alerts, decision-making and subsequent reporting
• Monitoring of initial and on-going Know Your Customers (KYC) requirements
• Auditing/Analysis of customer activities
• Escalating any suspicious activity/concerns to compliance management
• Assist with any other Compliance related matters or projects as identified and assigned by compliance management
• Conducting suspicious activity and reputational risk investigations as warranted
• Actively monitoring AML related alerts across systems for new and existing customers
• Supporting Customer Service and Operations in KYC and AML related queries
• Responsible for transaction monitoring (real-time/batch), Politically Exposed Person (PEPs) / Sanctions screening and subsequent reviews, periodic customer risk assessments and Suspicious Activity Reporting (SAR) to the National Crime Agency (NCA)
• Constantly trying to improve the processes to make sure we are mitigating AML risks while ensuring the best customer experience
• Reviews and analyzes leads for potential suspicious activity, including those generated from an alert detection processes, Identifying, researching and reporting suspicious activity
• Managing the investigative process from initial detection to disposition
• Thoroughly and timely reviewing of reports and other investigative leads that potentially identify suspicious activity
• Supports managers and supervisors in conducting AML/Fraud investigations
• Works with team members to determine whether to close or escalate cases for further review
• Documents all research and analysis conducted in case management tools