AML Compliance Analyst.

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.



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