Our client operating in the Fintech industry is currently on the lookout for a Senior AML Analyst.
Duties include:
Manage the review and collection of data necessary for the business risk assessment and present any recommendations to the risk matrix.
Complete and submit the annual Risk Evaluation Questionnaire.
Complete the Annual Compliance Report.
Review and oversee AML/CFT policies and procedures.
Assist in delivering AML/CFT awareness training to staff.
Stay updated on upcoming AML/CFT & Regulatory Compliance legislation.
Maintain and update the Compliance Monitoring Programme and escalate any breaches to the MLRO.
Ensure that company employees receive adequate training on legal requirements related to money laundering and terrorism financing prevention.
Monitor the effectiveness of AML systems and controls, including conducting spot checks on account levels, particularly IBAN accounts.
Perform periodic and snap checks on transaction monitoring alerts, analyzing alerts flagged to the MLRO team.
Act as a designated employee to receive and investigate internal suspicious reports.
Determine whether internal suspicious reports should be escalated externally to the relevant authorities and, if necessary, submit such reports.
Respond to GoAML requests from local and foreign authorities as appropriate.
Assist in preparing regular MLRO reports for the board and other necessary reporting.
Ensure that MLRO and designated employee regulatory action points are efficiently communicated to the Board and that timely progress is made to address them.
Serve as a point of contact during inspections conducted by MFSA and FIAU.
Assist with internal and external regulatory audits.
Follow up on remediation efforts and coordinate internally to ensure action points are completed by the assigned owners.
Perform other duties as assigned by the MLRO or Senior Management, in alignment with the role.
Requirements
Minimum of 3-5 years of AML experience, ideally within banking, payments or the Fintech industry
Ability to work in a fast-paced environment as a key individual and point of reference for AML/CFT matters
