Job Description

The Role As an AML/CTF Analyst, you will play a crucial role in ensuring compliance with the Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) Act. Your responsibilities will include transaction monitoring, PEP and sanctions screening, and enhanced customer due diligence (ECDD). You will provide expert advice on AML/CTF matters to the Group, staff, and Executive and Board Committees. Additionally, you will support the Operational Risk Committee in managing an effective ML/TF minimisation program and assist in implementing initiatives to enhance business practices while maintaining compliance.

In the role you will

• Apply risk management methodologies to ensure that new and amended policies and processes effectively address the risk of money laundering and terrorism financing (ML/TF) activities.
• Conduct evidence collection and preservation procedures to enable the collection and preservation of evidence for law enforcement agencies.
• Research and stay updated on ML/TF trends and events, including emerging financial trends, to inform and enhance the organization's AML/CTF strategies.
• Manage Know Your Customer (KYC) and due diligence/enhanced due diligence obligations as required by the AML/CTF Act, ensuring thorough and compliant customer verification.
• Ensure regulatory reporting requirements are met, including threshold transaction reporting and suspicious matter reporting, in compliance with the AML/CTF Act.
• Investigate ML/TF matters using a range of investigative techniques related to transaction details and methods and maintain detailed records of these matters.
• Provide guidance and coaching to frontline staff on how to effectively identify and report suspected ML/TF activities, enhancing their awareness and capabilities.
• Develop and deliver AML/CTF awareness training programs for new and existing staff to raise awareness and understanding of AML/CTF obligations and best practices.
• Support the development and maintenance of AML/CTF policies, processes, and associated materials to ensure they are up-to-date and effective.
• Collaborate with internal teams to build awareness and capability in detecting and preventing ML/TF activities and participate in forums and working groups to represent the organization and enhance knowledge on AML/CTF matters.

Qualifications

About you

• Understanding of AML/CTF related Technology, Applications and, Banking Systems
• Experience developing, implementing, and monitoring AML/CTF policies and procedures;
• Sound investigation skills and experience in detecting ML/TF activity through transaction monitoring and enhanced customer due diligence;
• Strong problem-solving skills and an ability to apply sound judgment;
• Proficiency in using technology based systems and the ability to rapidly acquire proficiency across internal systems;
• Demonstrated report writing skills;
• Experience and knowledge of AML/CTF compliance obligations.