Senior AML Analyst
Our client is seeking to hire a skilled AML Analyst to join their growing team on a 23-month contract based in Clare or Dublin.
About this Role:
The Senior AML Analyst will have significant responsibility for AML/CFT compliance for the company. This person will be a key part of the AML & Fraud Team and will work closely with the business to deliver on the AML/CFT Framework including the AML policy and procedures etc.
Responsibilities will include aiding the Head of Financial Crime & MLRO as AML subject matter expect on projects and portfolio migrations; performing relevant quality assurance checks; transaction monitoring; watchlist screening; and ensuring customer due diligence activities are managed. Other responsibilities may
arise depending on AML external environment and business needs.
Ensure compliance with the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010, as amended, including but not limited to:
o transaction monitoring across several portfolios
o screening for sanctioned persons; PEPs/RCAs; and Special Interest Persons
o ensuring customer due diligence requirements are met
o performing relevant quality assurance checks on key AML activities
Keep abreast of changes to legislation, regulatory and industry guidelines, and assist the Head of Financial Crime & MLRO in managing the implementation of same across the company.
Engage with and assist the Change Team as AML Subject Matter Expert on portfolio migrations, and other projects as necessary, aiding the Head of Financial Crime & MLRO in ensuring all AML risks and mitigants are identified, and that AML activities including testing are completed on time to ensure a smooth migration for AML.
Support the Head of Financial Crime & MLRO with internal audits and client audits, ensuring timely response to audit requests and working to procure a positive audit result.
Review and update AML related SOPs in line with AML policy and procedures (both for the AML & Fraud Team and for relevant business departments, e.g. CRE Lending).
Be knowledgeable in AML legislation so can provide suitable advice to the business on AML/CFT matters.
Prepare relevant management and client reports (and ad hoc reports as requested) using necessary qualitative and quantitative approaches to ensure key information and metrics are provided.
Preparation of suspicious transaction reports for communication to relevant authorities.
Review and prepare training presentations for general or targeted AML/CFT training.
Input to Operational Risk Framework, Business Risk Assessments, etc. in relation to risks and controls in place for the AML & Fraud Team.
Attendance at external meetings as required. May include with regulators, clients and industry forums.
Input into AML & Fraud Framework and to annual Compliance & Operational Risk plans.
Skills & Experience
3rd level education in an economic or numerical discipline
Previous experience as a Senior AML Analyst or similar role
Proficient in MS applications - Excel, PowerPoint, Word
Demonstrates the ability to analyse AML legislation - i.e. able to understand and utilise legislative requirements to meet Pepper's regulatory requirements.
Demonstrates the ability of identification of AML risks, assess and mitigate risk for the benefit of the organisation.
Attention to detail, accurate and high-quality work
3+ years in a financial institution in a compliance or risk-based role (desirable)
Suitable AML qualification or Licentiate of the Association of Compliance Officers of Ireland (LCOI) (desirable)
Accuracy & Quality
Adaptability/Dealing with change
Communication, interpersonal and written skills
If you believe you have the skills to carry out this position, please apply with your most recent CV to Bernadette Sisson for immediate consideration.