AML Compliance Specialist
We are seeking a highly skilled Anti-Money Laundering (AML) specialist to join our team.
* Main Responsibilities:
1. Develop, implement and continuously enhance AML policies in alignment with international regulatory requirements and best practices.
2. Act as a primary interface with regulators, managing inspections, responding to inquiries, and executing remediation plans.
3. Perform risk-based customer due diligence and enhanced due diligence reviews for both individuals and corporate clients.
4. Support ongoing monitoring activities, including transaction surveillance, sanctions screening, and investigating alerts or potentially suspicious behaviors.
5. Prepare, review and submit Suspicious Transaction Reports (STRs) and other mandatory filings to relevant regulatory bodies.
6. Track legislative and regulatory developments related to AML and sanctions, driving timely updates to internal policies and procedures.
7. Assist in delivering internal training programs to strengthen organizational awareness of AML compliance obligations.
8. Conduct periodic AML risk assessments to validate control effectiveness and ensure alignment with the company's enterprise risk management framework.
9. Maintain comprehensive documentation, audit trails and recordkeeping for all compliance assessments, escalations, investigations and filings.
10. Support internal and external audits as well as regulatory reviews, ensuring timely and accurate provision of information.