What are the responsibilities and job description for the Anti-Money Laundering Analyst position at Turn2Partners?
AML Analyst
We're supporting a global financial consulting firm looking to add detail-oriented and analytical AML Analysts to a long-term commercial national bank project. As an AML Analyst, you'll be responsible for conducting comprehensive reviews of high-risk customers and entities to identify potential money laundering, terrorist financing, and other financial crime risks. This role involves an in-depth analysis of customer profiles, business operations, and transactional behaviors to ensure compliance with regulatory standards and internal policies.
Responsibilities:
- Perform detailed due diligence investigations on high-risk clients, including Politically Exposed Persons (PEPs), foreign entities, and complex corporate structures.
- Analyze customer information, source of funds, and transactional activities to assess financial crime risks.
- Review and validate customer identification documents and beneficial ownership information.
- Prepare comprehensive EDD reports with clear risk assessments and recommendations.
- Collaborate with internal stakeholders to mitigate risks associated with high-risk accounts.
- Stay updated on global regulatory changes and best practices in AML compliance.
- Assist in the development and enhancement of EDD procedures and risk assessment methodologies.
Requirements:
- 2 years of experience in AML compliance, specifically doing EDD or SAR.
- Strong analytical and investigative skills.
- Proficiency with research tools and databases (e.g., LexisNexis, World-Check).
