Analyst - AML
21 August by Search & Select
Reference ID: 204799
Duration:
Unspecified
Salary: To be advised
End Date: 15 Oct 2024
Job Description
Our client seeks an Analyst - AML to join their team on a 4-month contract. Key
Responsibilities: Primarily responsible for the onboarding of new Serviced
Entities, including completion of CDD and KYC checks. Undertaking Customer Risk
Assessments and SERR Assessments, as required. Review of CDD and EDD to ensure
in line with AML Code requirements. Perform PEP and Sanction screening and open
source media screening on request, including setting up and monitoring Google
alerts. Completion of both Trigger Event and Periodic reviews of Serviced
Entities in line with applicable policies, procedures, and guidance notes.
Assist with the coordination of monthly CDD meetings with administration teams
regarding all outstanding CDD. Proactively contribute to project work as
required. Reporting key stakeholders, including senior leadership, Risk and
Compliance, and Group Risk & Compliance. Feedback to and coaching off
administration teams in respect of themes, and areas of improvement of the
onboarding and ongoing monitoring process. Key Skills and Experience: Experience
within the offshore finance Industry, ideally in a trust and corporate services
business. Experience managing, and/or performing reviews and risk assessments.
Knowledge of, and familiarity with, legal and regulatory requirements applicable
to trust and corporate services businesses in Isle of Man, including standards
and best practice of national bodies such as FATF/Moneyval. Corporate Governance
experience and an understanding and experience of risk mitigation. Knowledge of
SERR system. Knowledge of IOM AML Code requirements and undertaking Customer
Risk Assessments. A good working knowledge of Word, Excel, Outlook, and IT
systems generally. A good working knowledge of the systems: SERR, Inflow, and
Imagein. Company, product, and market knowledge -Strong understanding of the
Company's policies, procedures, and structure. Demonstratable understanding of
complex structures, beneficial ownership, and tax driven ownership vehicles.
Demonstratable understanding of exempt schemes, Class 3 services to exempt
schemes, and investor due diligence requirements. Awareness of the fiduciary and
fund sector and the services offers. Actively work with your fellow team members
to demonstrate collaboration, across all jurisdictions, to deliver business
results and enhancements. Management of internal relationships within the
Company. Contribute towards Team targets for completion of onboarding, trigger
reviews, and periodic reviews of Serviced Entities. Undertake project work as
required. English (second languages advantageous). If you have the required
skills please apply online at searchandselect.com quoting reference number:
15117