Anti Money Laundering Analyst

4 weeks ago

Shannon, Ireland FRS Recruitment Full time

My client, a multinational financial services company based in Shannon, Co Clare, is looking for a temporary Anti Money Laundering Analyst - Know Your Customer.

Responsibilities:

Ensure compliance with the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010, including:

  • Meeting customer due diligence requirements and re mediating customer records as needed
  • Conducting ongoing customer AML risk reviews and collaborating with businesses as necessary
  • Assisting in reviewing reports on high-risk jurisdictions for enhanced due diligence requirements
  • Participating in the periodic review of politically exposed persons (PEPs), relatives, close associates (RCAs), and Special Interest Persons register


Governance & Risk Assessment

  • Stay updated on changes to legislation, regulatory guidelines, and industry standards, assisting the Head of Financial Crime & MLRO in implementing these changes
  • Aid in reviewing and updating AML-related Standard Operating Procedures (SOPs) in alignment with policies and procedures


Reporting

  • Assist in preparing relevant reports and providing necessary management information to ERC, Executive Committee (ExCo), Audit and Risk Committee (ARC), and Board
  • Prepare suspicious activity reports (STRs) for review by the Head of Financial Crime & MLRO, and upon approval, submit STRs to the relevant authorities


Ad Hoc Projects

  • Participate in customer on boarding and AML initiatives as per business needs



Skills & Experience

  • Previous experience and knowledge of business functions and systems pertinent to AML/CFT
  • Previous experience in an AML KYC Analyst or similar role
  • Proficiency in Microsoft applications such as Excel, PowerPoint, and Word
  • Strong attention to detail, delivering accurate and high-quality work
  • Possession of a suitable AML qualification (desirable)


Competencies

  • Ability to work both off own initiative and collaboratively within a team
  • Strong analytical skills
  • Commitment to accuracy and quality
  • Adaptability in dealing with changes
  • Customer service orientation
  • Proficient task management and adherence to deadlines