About the role:
The International AML Team is responsible for conducting detailed investigations of Multi Channel customers to detect potential money laundering risks, reviewing customers and incidents where risk triggers are identified or internal thresholds are met.
Investigations are conducted to ensure that the customer can legitimately support their levels of play and that there are no clear risks factors in their profile. It is a requirement that aims to reduce the business risk and impact of those customers who are either not willing or able to justify their source of funds, as well as preventing the use of the proceeds of crime.
What you'll be doing:
• Review and hold decision-making responsibility for signing off Source of Funds/Wealth Profiles and Anti-Money Laundering Reports, determining risk mitigating actions required.
• Provide guidance regarding SOF/SOW contact process and determine case specific SOF/SOW documentation requirements.
• Oversee review of SOF/SOW documentation submissions and determine risk-appropriate follow-up actions.
• Act as a point of escalation within the AML Team and take ownership of high-risk cases, ensuring risk is appropriately mitigated.
• Assist Head of AML and AML Manager with coaching, development, mentoring and training of AML Analysts.
• Stay current with money laundering and terrorist financing behaviours, issues, policies, regulations, criminal typologies, industry best practices, and developing trends.
• Conduct proper investigation of money laundering alerts or transactions considered suspicious.
• Ensure timely and efficient reporting of transactions considered suspicious.
• Assist with addressing queries from law enforcement authorities or corresponding banks relating to money laundering matters.
• Ensure proper record-keeping of data collected and analysed.
