AML Specialist - Incubate Consulting : Job Details

AML Specialist, Liverpool (Hybrid, home/office)

Our exclusive client, a leading FS organisation, is seeking a highly skilled and motivated AML Specialist to join their dynamic team. As an AML Specialist, you will be responsible for ensuring compliance with anti-money laundering (AML) regulations and implementing robust systems and controls to detect and prevent money laundering activities. Your expertise and attention to detail will play a critical role in safeguarding the organisation against financial crimes.

Responsibilities:

• Conduct thorough and ongoing monitoring of customer transactions to identify and investigate suspicious activities.
• Perform in-depth investigations and analysis of potentially suspicious transactions, including reviewing transactional data, conducting research, and gathering evidence.
• Collaborate with internal stakeholders, including legal, risk, and compliance teams, to develop and enhance AML policies, procedures, and controls.
• Stay up to date with relevant AML laws, regulations, and industry best practices to ensure compliance.
• Implement and maintain an effective AML monitoring system,utilizing advanced tools and technology.
• Provide training and guidance to employees on AML-related matters and promote a culture of compliance throughout the organization.
• Prepare and submit suspicious activity reports (SARs) to relevant regulatory authorities, ensuring accuracy and adherence to reporting timelines.
• Assist in AML audits and examinations, providing necessary documentation and responding to inquiries from regulatory bodies.
• Identify and escalate any potential AML risks or deficiencies to senior management.

Experience and skill set required:

• To liaise with the NCA and other law enforcement agencies to ensure a compliant business.
• Proven experience in anti-money laundering compliance within the financial services industry.
• Solid knowledge of AML regulations
• Familiarity with AML tools and software used for transaction monitoring and analysis
• Actioning and monitoring SARs and all law enforcement enquiries reporting to the NCA where appropriate, and managing all post-disclosure issues and transactions.
• Review possible PEP, Sanction and SIP matches, referring confirmed matches to the Financial Crime Manager, review and maintain a register of PEPs based on the individual risk identified.
• Strong analytical skills and the ability to interpret complex data sets.
• Excellent attention to detail and the ability to exercise good judgment when assessing potentially suspicious activities.
• Strong written and verbal communication skills, with the ability to present findings and recommendations effectively.
• Ability to work independently, prioritise tasks, and meet deadlines in a fast-paced environment.
• High level of integrity, ethics, and professionalism
• Bachelor's degree in finance, business administration, or a related field. Additional certifications such as CAMS (Certified Anti-Money Laundering Specialist) is preferred but not essential.

What's on offer?

A highly competitive basic salary of £35,000 - £40,000 DOE, plus private medical and opportunities for professional growth and development. If you are a dedicated professional looking to make a meaningful impact in the field of AML compliance, we would love to hear from you.

To apply, please submit your resume asap.