AML Investigation Analyst at PalmPay

Role Summary

• The AML & ATF Analyst is responsible for supporting the organisation’s efforts to prevent, detect, and investigate money laundering, terrorist financing, and other financial crime risks.
• The role involves customer due diligence, risk assessment, transaction monitoring, investigations, and regulatory reporting to ensure compliance with applicable requirements.

Key Responsibilities

• Review and verify customer information and documentation, conduct Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD), and ensure customer profiles are accurate and up to date.
• Conduct physical verification of customers, merchants, and business addresses where required.
• Assess customer risk profiles, including Politically Exposed Persons (PEPs), sanctioned individuals, high-risk customers, and other AML/CFT risks.
• Review transaction monitoring alerts and analyse transaction patterns, volumes, frequency, counterparties, and unusual activities.
• Investigate flagged transactions, request additional information where necessary, document findings, and escalate suspicious cases.
• Prepare clear investigation reports and support the filing of Suspicious Transaction Reports (STRs) and other applicable regulatory reports.

 Requirements

• Bachelor’s degree in Finance, Accounting, Economics, Law, Business Administration, or a related discipline.
• Relevant experience in AML/CFT, compliance, transaction monitoring, customer due diligence, or financial crime investigations is an advantage.
• Understanding of AML/CFT regulations, customer risk assessment, and suspicious transaction reporting.
• Professional certifications in AML, compliance, or financial crime are an added advantage.
• Skills and Competencies:
• Strong analytical and investigative skills.
• Excellent attention to detail and accuracy.
• Good report-writing and documentation skills.
• Sound judgment and problem-solving ability.
• High level of integrity and confidentiality.
• Strong communication and stakeholder management skills.
• Ability to manage multiple cases, meet deadlines, and work effectively under pressure.
• Proficiency in Microsoft Office and the ability to work with transaction data and monitoring systems.