AML Compliance Analyst. at HR-EX Consulting

Our client, a remittance organization, is looking for a Compliance Analyst. He/she will be responsible for ensuring compliance with all applicable AML / CTF guidelines, AML-CTF policies, Global AML authorities, and other local (Nigerian) regulations. 

Duties and Responsibilities.

Transaction Monitoring

• Transaction monitoring with the aid of an AML / CTF suite, in MTS / Sumsub software.
• Handle compliance queries through the Customer Relationship Management (CRM) tool raised by both internal and external stakeholders.
• Manage escalations from other team members to resolve issues/queries within TAT.
• Respond to regulatory inquiries/reporting obligations after obtaining approval from the Manager / MLRO – Compliance from time to time, as applicable.
• Undertake sanctions compliance management activities, which may also include testing of compliance programs, databases, and AML/CFT suite as per the strategy designed by senior management.

Policies and Procedures

• Acquire continuous updates on QR products, current policies & procedures, methods of verification, reporting, and filing of various documents.
• Master regulatory updates and update ‘Risk Based Approach’ in accordance with the same within UK/Canada/Nigeria specific policies.
• Recommend appropriate changes to QR policies based on updating regulatory trends (E.g. HMRC, FCA, FINTRAC, FINCen / EU Directives, etc.)

Compliance

• Execute compliance reports on frequent transactions, suspicious transactions, and actions taken.
• Conduct risk-based Enhanced Due Diligence assessments of prospective Partners/Agents/Customers with a specific focus on high-risk factors.

Training

• Keep abreast with the latest regulator updates, and training all key stakeholders on a regular basis (including staff and Agents (if any). 
• Conduct training for employees/agents/stakeholders as per training objectives prescribed by management, and report deficiencies while suggesting improvements

AML Investigations

• Historical transaction analysis, related investigations, and EDD checks.
• AML audit analysis to be conducted as per the framework described.
• File Suspicious transaction reports with regulator(s).

Customer On-boarding

• Follow up with inquiries on ID verification via the Sumsub portal & approval of Due Diligence Applications/ Documentation / Records 
• Periodic review of partners/agents based on their risk level.

Qualification and Experience Required.

• Graduate in any stream. Certified or part qualification in Anti Money Laundering and Risk Management is mandatory.
• English reading, comprehension, and communication of a high order.
• Advanced Computer skills (MS Office)
• Experience of 3-4 years in a Money Transfer/Banking/Financial Services Industry in a legal/compliance, auditing/controlling role. 
• Good leadership and interpersonal skills.
• Flair for customer service.
• High order of information processing and analytical decision-making.
• Ability to devise awareness programs.
• Office application skills.
• Working in multiple shifts (including night shifts) as per the organization\'s requirements.