Job Description

We are currently seeking a Junior AML Analyst to join our Real Estate Division.

The Junior Anti Money Laundering Analyst is an entry level role responsible for assisting the administration department in establishing, implementing internal compliance procedures to prevent money laundering and to support the AML compliance department in ensuring that there is a proper framework, governance, and compliance in line with regulatory requirements.

Job Responsibilities:

• Assisting admin department in development and implementation of AML policies and procedures.

• Regular coordination and follow up with internal departments for obtaining due diligence documents.

• Execute due diligence activity as per the defined process and regulatory guidelines.

• Completion of client risk assessment.

• Tracking and management of the various documents as per record retention policy.

• Ensure all reporting timelines are met as per agreed Turnaround Time (TAT).

• Screening and Transaction Monitoring Systems Review/Implementation

• Identify Red flags and control issues with respect to KYC/Client on boarding.

• Investigate and Preparation of Suspicious Activity Reports and Suspicious Transaction Reports.

• Liaise with regulators and supervisors in connection with the AML program and related regulatory issues.

• Build strong partnership with Audit, Operations, sales and other stakeholders in connection with the AML Program.

• Work with leaders throughout the organisation to resolve efforts to address related open issues in a timely and effective manner.

• Organise and participate in the compliance committee meeting.

• Timely filing of regulatory reports with the regulator.

• Assist in the planning, execution and results analysis of AML compliance reviews.

• Work with the business lines during test work to understand control processes and to identify action plans to address control deficiencies.

• Communication with various levels of management to ensure AML/CFT compliance.

• Maintain ongoing awareness, current knowledge of all applicable internal and external AML compliance regulatory requirements and identifying any issues that could impact the Institution.

• Review high risk relationships especially cases that are escalated to Senior Management and ensure that all risks are appropriately highlighted for sign-off.

• Minimum 1 year of AML compliance experience in banking, insurance industry.

• Bachelor's Degree (Commerce or Business Administration) an advantage.

• Language Skills: An exceptional ability in oral and written English.

• Excellent organisational skills, having the ability to prioritise workload whilst being resilient and being able to cope well under pressure.

• Excellent interpersonal skills and an ability to converse confidently with various levels of management