Job Overview
We are seeking a detail-oriented and analytical Anti-Money Laundering (AML) Specialist to join our Compliance team. The successful candidate will play a key role in safeguarding the organization against financial crime by monitoring transactions, investigating suspicious activity, and ensuring adherence to relevant regulatory requirements. This role is ideal for a compliance professional who thrives in a fast-paced, technology-driven environment and is passionate about maintaining the integrity of financial systems.
Key Responsibilities
- Monitor customer transactions and account activity to identify patterns indicative of money laundering, fraud, or other illicit financial activity.
- Conduct thorough investigations into flagged transactions and escalate suspicious activity reports (SARs) in line with regulatory timelines.
- Perform Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) reviews for new and existing customers, including politically exposed persons (PEPs) and high-risk profiles.
- Maintain and update AML policies, procedures, and internal controls to reflect evolving regulatory expectations and emerging risk typologies.
- Conduct periodic risk assessments to identify vulnerabilities in existing processes and recommend mitigation strategies.
- Support internal and external audits, regulatory examinations, and compliance reviews by preparing accurate documentation and reports.
- Collaborate with cross-functional teams, including Risk, Legal, and Product, to ensure AML controls are integrated into new products and services.
- Deliver AML training sessions and awareness programs to staff to promote a strong culture of compliance.
- Stay current on relevant AML/CFT regulations, sanctions lists, and industry best practices, ensuring timely implementation of changes.
- Prepare management reports summarizing AML monitoring outcomes, trends, and key risk indicators.
Required Experience
- Bachelor’s degree in Finance, Law, Criminal Justice, Business Administration, or a related field.
- Minimum of 3–5 years of experience in an AML, financial crime compliance, or regulatory compliance role.
- Demonstrated experience conducting transaction monitoring, SAR filing, and customer due diligence.
- Familiarity with local and international AML/CFT regulatory frameworks and sanctions regimes (e.g., FATF recommendations, OFAC, local regulatory authority requirements).
- Professional certification such as CAMS (Certified Anti-Money Laundering Specialist), ICA Diploma in AML, or equivalent is highly desirable.
- Prior experience working with regulators or participating in regulatory examinations is an advantage.
Technical Skills
- Proficiency in AML transaction monitoring and case management systems.
- Strong working knowledge of sanctions screening tools and watchlist databases.
- Experience with data analysis tools (e.g., Excel, SQL, or similar) to identify trends and anomalies in transaction data.
- Understanding of KYC/CDD/EDD frameworks and risk-scoring methodologies.
- Familiarity with reporting requirements and regulatory filing systems.
- Working knowledge of data privacy and information security principles as they relate to compliance operations.
- Ability to interpret complex regulatory guidance and translate it into actionable internal policies.
Are you excited about this opportunity?
Don’t miss the chance to make a difference in the fintech and FX industry!
Apply now by clicking on the “Apply Now” button below.
Let’s shape the future of finance together!
#EmploySolutionJobs #FXCareers.
