AML Analyst

This position presents a permanent opportunity within the Customer Services AML Team. The role reports to the AML Manager and plays a crucial part in supporting the organisation's anti-money laundering (AML) and counter-financing of terrorism (CFT) defence. Key responsibilities include undertaking client screening, conducting AML risk assessments, and performing transaction monitoring. In addition, the role holder will be involved in AML assurance checking and serve as a point of reference for the practical interpretation of AML policies and procedures throughout the organisation. The successful candidate will also collaborate closely with the AML Manager and the wider AML team, contributing to the fulfilment of AML/CFT obligations and fostering strong relationships with regional teams and local business areas.

Job Duties:

• Support the organisation’s AML/CFT defence by undertaking screening and risk assessments of the client base to identify any links to PEPs, sanctions, adverse media, and financial crime.
• Act as a point of reference for practical interpretation of AML policies and procedures across the organisation.
• Work collaboratively with the AML Manager and AML team to ensure compliance with AML/CFT obligations.
• Maintain PEP and Higher Risk registers, including preparation of periodic updates and reconciliations.
• Investigate results of manual and automated transaction monitoring to ensure the necessary SARs are raised.
• Conduct monthly quality assurance checks on agreed processes to ensure compliance with internal AML/CFT procedures.
• Investigate external fraud incidents, recommending control enhancements where weaknesses have been identified.

Job Requirements:

• An understanding of the Isle of Man’s regulatory AML framework.
• Experience using screening software such as World-Check, Dow Jones, or Moody’s Grid.
• Previous employment history within the financial crime function of a regulated financial services company.
• Ideally holds an ICA AML qualification and is educated to A Level standard.
• Must be able to demonstrate practical experience working on AML remediation projects such as risk rating and obtaining enhanced due diligence (EDD).

What You’ll Love:
This role offers the chance to play a key part in maintaining the jurisdiction’s reputation. You will work in a collaborative environment with opportunities to develop your skills in regulatory oversight, policy creation, and risk-based supervision. The organisation values professional growth and provides ample opportunities for training and career development.

Interested? Register today, confidentially, with one of our friendly and dedicated recruitment specialists by clicking here