Job: Compliance Analyst AML & Risk

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  • Title Compliance Analyst AML & Risk
    Categories Latest Jobs in Gibraltar
    Salary DOE
    Location Gibraltar
    Job Information

    The company are market leaders in the Prepaid sector, having launched many innovative and exciting new programs in Europe in partnership with their clients. They continuously support our clients’ requirements by providing them with unique and out-of-the-box dynamic solutions to remain at the forefront of the industry

    Summary of the role:

    • To work with the compliance team to deliver, maintain and comply with the client’s regulatory compliance framework.
    • The Compliance Analyst will report to the Senior Compliance Analyst on daily compliance activities and will also be involved in specific compliance tasks and projects.
    • To monitor suspicious transactions and investigate where suspicious activity is present.
    • The holder of this role will primarily focus on the review and analysis of AML alerts created by the Company’s transactions monitoring system and the review and analysis of possible PEP and sanction matches.

    Detailed duties:

    • The successful candidate may also be required to get involved in other compliance-related tasks as required by the Company, and to liaise with external police authorities.
    • Support in the production of reporting of non-compliance in relation to AML and RISK.
    • To support the development of the bank’s second line of defence arrangements, including risk, compliance, anti-money laundering, financial crime prevention, data protection, and complaints handling, ensuring that a commercially orientated service is delivered, whilst meeting best practice, regulatory and statutory requirements.
    • Supporting the implementation and embedding of the bank’s Risk Management Framework and the development and monitoring of the bank’s Risk Appetite.
    • Escalate and flag any issues that may arise accordingly
    • Completing risk assessments and sanctions checks on all parties to all new matters
    • Ensuring that the regulations (such Client Due Diligence) are adhered to within the firm
    • Maintain regular checking processes

    Essential duties and responsibilities:

    • Strong organisational skills, structured and analytical with the ability to enjoy working well under pressure.
    • Must be strong, confident persuasive communicator (oral and written) and capable of robust dialogue;
    • Analysis and interpretation of management information

    Software skills:

    • MS Excel (able to use Pivot Tables and analyse data in an efficient way)
    • MS Outlook
    • MS Word

    Work experience requirements:

    • Knowledge of the Prepaid Card Industry would be an advantage but not mandatory
    • At least 2 years’ work experience in a compliance function or a similar sector
    • Good understanding and working knowledge of current compliance practices & techniques including regulatory rules
    • An understanding of the regulatory framework for appointed representative model.
    • Experience of working on multiple compliance/regulatory tasks in a fast-moving environment
    • Working towards, or prepared to work towards, a relevant qualification

    Knowledge and skills:

    • Regulatory Framework for Financial Services
    • Knowledge of experience of auditing preferably in the financial services sector
    • Strong Communication Skills – Written and Oral
    • Experience of Data Analysis
    • Administrative and Multi-tasking skills
    • Exceptional English Language Skills. Any other language would be a plus (French, Italian, German, Dutch, Eastern European)
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