Job is no longer active.
Please click here to see all current available jobs.
Senior AML Compliance Specialist
Description
This role is critical in ensuring our client’s onboarding processes and compliance measures align with regulatory standards. We are looking for high performing, self-motivated leaders who are eager to contribute to our client’s success.
What you’ll do
- Collaborate with various divisions for successful client onboarding and participate in new business calls to provide AML guidance.
- Approve low/medium risk client account openings and amendments; conduct initial reviews of high-risk account openings and amendments.
- Stay updated on regulatory requirements and AML/KYC due diligence for complex structures; perform periodic reviews based on client risk ratings to ensure data accuracy and compliance.
- Update due diligence records for high-risk accounts as needed and approve transactions; review account activities, escalating issues as necessary.
- Provide guidance on OFAC/World Compliance screening results and promote a Risk-Based Approach to AML/KYC and transaction monitoring.
- Report suspicious activities internally in a timely manner.
- Mentor and support the AML Compliance team; assist in training and development and encourage knowledge sharing within the team.
- Collaborate with management and the Chief Compliance Officer (CCO) to maintain high standards of client service.
- Develop and implement policies and procedures for efficiency and compliance; evaluate and improve methods and processes to meet regulatory obligations.
What you’ll bring
- Four-year degree in Business, Finance, or a related field, or Professional Compliance or AML Certification.
- Minimum of 5 years of experience in banking or financial services.
- Demonstrated ability to make sound judgments with minimal guidance.
- Proven experience in challenging and influencing senior stakeholders.
- Strong organizational skills and the ability to prioritize tasks effectively.
- Proficiency in Microsoft Office and familiarity with database software.
- Excellent written and verbal communication skills.
This role offers a dynamic working environment with opportunities for career progression. It provides an excellent remuneration package, including a discretionary performance-based bonus, pension, fully covered health insurance for employees, and 5 weeks’ vacation.
This is a great chance to be part of a growing financial services company with a a fantastic reputation on island. Apply today by sending your resume through to Niamh | niamh@steppingstonesrecruitment.com