Job Description

The job reports to the AML Manager and is primarily responsible for supporting the Company’s AML/CFT defence by conducting client screening, risk assessments, and transaction monitoring. The post holder will also carry out AML assurance checks and serve as a point of reference for the business’s practical interpretation of AML rules and procedures.

The main duties for the role holder will include:

• Support the Company’s AML/CTF defence by undertaking screening and risk assessments of the client base to identify any links to PEP’s, sanctions, adverse media and financial crime

• Be a point of reference for practical interpretation of AML policies and procedures across the business.

• Work closely with the AML Manager and wider AML team to ensure our AML/CTF obligations are met and will build strong relationships with our Regions and local business areas where required.

• Maintain the PEP registers for all regions including reconciliation against system flags. Prepares periodic updates and reviews of PEP cases for business sign off.

• Investigate results of manual and automated transaction monitoring to ensure SARs are raised accordingly and AML requirements have been met

• Perform monthly quality assurance checks on agreed processes in respect of compliance with the IFGL AML/CFT Insurance Division handbook

• Investigate external fraud incidents and recommend control enhancements where weaknesses have been identified

Typical Knowledge and Experience:

To ensure that this role is carried out to the desired level, the successful candidate should have the following skills and experience:

• A basic understanding of the AML obligations and requirements within the IoM, Hong Kong, Singapore and UAE financial services sector.

• Experience of using screening software such as World-Check or Dow Jones

• Previous experience in a financial crime environment

• Ideally holding the ICA Certificate in Anti Money Laundering