AML Specialist

Key Responsibilities

 

• Conduct thorough reviews of customer transactions to identify and investigate potential suspicious activities;
• Utilize AML monitoring tools and systems to detect and report unusual patterns;
• Perform enhanced due diligence on high-risk customers in accordance with regulatory requirements;
• Keep customer records updated and ensure compliance with Know Your Customer (KYC) policies;
• Collaborate with internal teams to ensure timely and accurate reporting;
• Stay informed about changes in AML laws and regulations;
• Monitor internal processes to ensure compliance with AML policies and procedures;
• Conduct risk assessments on new and existing customers to evaluate potential exposure to money laundering activities;
• Implement risk-based AML strategies to mitigate financial crime risks;
• Monitor internal processes to ensure compliance with AML policies and procedures;
• Foster a culture of AML awareness and compliance within the company;
• Conduct investigations into suspected money laundering activities;
• Collaborate with law enforcement agencies and other stakeholders as necessary;
• Maintain accurate and detailed documentation of AML processes and investigations;
• Generate regular reports for management and regulatory authorities.

 

 

  Requirements

 

• Up to 1 year of experience in AML compliance or a similar role;
• Knowledge of AML laws and regulations;
• Strong analytical and investigative skills;
• Attention to detail and ability to spot unusual patterns or trends;
• Excellent communication and interpersonal skills;
• Familiarity with AML monitoring tools and software;
• Ability to work collaboratively in a team environment.