Contract AML Analyst

This role offers a temporary position within the Customer Services AML Team, reporting to the AML Manager. The primary focus is to support the organisation's Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT) defence by conducting client screening, performing AML risk assessments, and monitoring transactions. The candidate will also carry out AML assurance checks and serve as a reference point for the practical interpretation of AML policies and procedures throughout the business. This role requires engagement with various business areas and regions, ensuring compliance with statutory obligations while fostering strong working relationships. Duties will involve maintaining PEP and Higher Risk registers as well as preparing periodic updates. The successful candidate will also investigate the outcomes of transaction monitoring and carry out monthly quality assurance checks.

Job Duties:

• Support the organisation’s AML/CFT defence by conducting client screening and risk assessments to identify links to PEPs, sanctions, adverse media, and financial crime.
• Serve as a reference point for the practical interpretation of AML policies and procedures across the business.
• Collaborate closely with the AML Manager and the wider AML team to ensure AML/CFT obligations are met while building robust relationships with regional and local business areas.
• Maintain PEP and Higher Risk registers, including the preparation of periodic updates and reconciliations.
• Investigate results of manual and automated transaction monitoring to ensure relevant reports are raised.
• Conduct monthly quality assurance checks on agreed processes regarding compliance with internal AML/CFT procedures.
• Investigate external fraud incidents and recommend control enhancements where weaknesses are identified.

Job Requirements:

• Understanding of the Isle of Man's regulatory AML framework.
• Experience in 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 firm.
• Ideally holds an ICA AML qualification and is educated to A Level standard.
• Demonstrable practical experience of working on AML remediation projects, including risk rating and obtaining Enhanced Due Diligence (EDD).

What You’ll Love:

This role provides the opportunity to play a significant part in enhancing the jurisdiction's reputation. Working in a collaborative environment, there will be opportunities to develop skills in regulatory oversight, policy creation, and risk-based supervision. The organisation values professional growth and offers ample opportunities for training and career development.

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