What are the responsibilities and job description for the AML Compliance Analyst position at Zepz?
About the role:
The AML Compliance Analyst is 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, as well as regulatory compliance related analytical tasks.
The Analyst will assist management with ensuring compliance with local regulations, company policies and procedures through the review of high risk reports; monitoring and reviewing data produced by the system to determine if transactions are suspicious in nature; identifying potential higher risk relationships; completing investigative work leading to Suspicious Activity Reports and working on the report itself; partnering with personnel as it pertains to AML/CTF/sanctions issues; and remaining current on compliance matters as they relate to AML, Sanctions, CTF, CDD/EDD and transactions monitoring.
The main duties include:
- Monitoring of initial and on-going Know Your Customers (KYC) requirements.
- Assisting with devising and implementing enhancements to the transaction monitoring reports and develop new ways to improve the transaction monitoring program, including both live and post event monitoring.
- Accurately risk assessing new and existing customers, resolving appropriate issues where required.
- Auditing/Analysis of customer activities, by communicating with customers via email to meet the WR ongoing customer due diligence requirements and obligations.
- Attending to escalations of Sanction Screenings and PEPs
- Escalating any suspicious activity/concerns to the Compliance Officer/ writing SARs to the NCA or other FIUs
- Responsible for dealing with and investigating alerts from live/post transaction monitoring reports.
- Devising new and enhanced typologies for transaction monitoring including indicators and scenarios that relate to World Remit’s customers’ typical behaviour
- Assisting with the preparation and review of internal policies and procedures
- Providing training and support to other departments in particular first line of defence
Salary : $15 - $0