AML Officer

Recruiter
Quantum Services Management Ltd
Location
London
Salary
20000.0000
Posted
15 Feb 2017
Closes
15 Mar 2017
Contract Type
Permanent
Hours
Full Time

Our client is currently seeking a AML Officer to join their team at Compliance team;

Job Description;

Compliance to Regulatory/Legal/Statutory Requirements

Conduct daily surveillance of all Customer registrations, inward and outward remittance transactions, foreign currency sale and Gold Loan transaction and follow up on exceptions identified to ensure compliance to local/statutory requirements.

Exercise extensive due diligence for high risk amounts/countries/customers to ensure proactive monitoring of suspicious activities

Review identified exceptions and escalate to MLRO, for timely resolution of cases

Respond promptly to all queries from the Compliance Team and all queries initiated by regulators and law enforcers in consultation with MLRO to ensure clear communication of important information

Internal Controls

Assist in the implementation and conduct of audits by external auditors on a periodic basis to ensure monitoring, proper implementation and execution of regulations, policies and procedures are integrated in the branch daily activities

AML Compliance Awareness

Conduct/deliver AML Compliance training and awareness programs to all employees on a regular basis and ensure understanding of responsibilities and obligations with regard to Compliance and AML policies and regulatory/legal/statutory requirements and contribute in the development of a compliance culture organization

Reports

Prepare, maintain and update monthly reports and provide analysis to keep abreast of information related to AML Compliance

Qualification, Experience & Skills:

Educational Qualification:

Graduate in Commerce or Business Management or any related stream

Professional Qualification:

AML Compliance/Risk Management/Fraud Control related certification

Job Specific Skills:

  1. Good analytical decision making ability
  2. Knowledge on laws, country specific regulations
  3. Good problem solving skills and exposure to anti-money laundering and counter terrorist financing compliance, general compliance and/or risk based compliance
  4. Good presentation skills, with a proven ability to deliver AML Compliance trainings and awareness programs

Generic Skills:

  1. Good verbal and written English communication skills with the ability to interact effectively with people at all levels across diverse culture
  2. Ability to work closely with a team and a good team player
  3. Good customer service and quality results orientation
  4. Good knowledge on MS Office Application and online remittance software application