Job Description

Overall Purpose of the Position

The role holder assists the Head of Financial Crime Compliance and MLRO in ensuring compliance with laws, rules, regulations and directives relating to the PMLFTR including the carrying investigations of a financial crime nature including money laundering and fraud. 

 Operational responsibilities

• Monitoring of client transactions and activity against fraud, internal thresholds, AML and CFTregulations.
• Reviewing of transactions and monitoring alerts to flag or identify suspicious activity outside thenormal pattern and activity.
• Investigating and taking immediate action on alerts, notifications and reports to ensurecompliance at all times.
• Creating necessary manual alerts for fraud detection according to the fraud trends and patterns.
• Maintaining all investigation records and case outcomes.
• Exploring new ways that can help improve existing fraud, AML and CFT strategies.
• Liaising with other departments where necessary to ensure that proper action is taken.
• Requesting and analysing the source of funds and source of wealth documentation.
• Investigating suspicions of money laundering and terrorism financing and/or submitting internalsuspicion transaction reports to the MLRO or his deputy when relevant.
• Assisting on compliance matters that are applicable to the Bank..

 General Responsibilities

• Act as a subject matter expert on Anti-Money Laundering and Fraud;
• Work closely with regulatory and law enforcement bodies and industry counterparts to proactively share intelligence, best practices etc;
• Develop a positive and trusting relationship with key business leaders and colleagues;
• Manages assignments in a timely manner

Qualifications, Skills & Competencies  

Mandatory

 Skill

• Excellent interpersonal and presentation skills (both written andverbal).
• Influencing and negotiating skills demonstrating strong leadership and operational management skills.
• The ability to analyse and interpret information diligently.
• Decision-making and problem solving – The ability and sound confidence to make business critical decisions with a clear understand
  of when to escalate issues.
• Strong knowledge of AML typologies.
• Keen eye for detail.

 Experience

• Significant experience in Anti-Money Laundering and Fraud.

Qualification 

• Certification in a professional association such as ICA – Certified AntiMoney Laundering Specialists.

 Desirable 

Skill

•  Financial investigation techniques;
• Eagerness to learn and continuous development.

Experience

• -

Qualification

• -

Position level (1 being the highest level)

1. Head of Department
2. Managerial & Specialist Positions
3. Middle Management & Specialist Positions
4. Technical & Clerical Positions