Aml Assistant Manager (Remote)

We are EUROPEAN MERCHANT BANK – contemporary bank with a human touch.

We combine the best face to face banking consultancy with a speed and flexibility that digital banking brings. Following our vision – Banking for Growth, EUROPEAN MERCHANT BANK will focus on delivering contemporary accessible financial products to SMEs & entrepreneurs.

We are looking for AML Assistant Manager to work remotely who can follow all relevant legal and internal guidelines, procedures of our processes and transactions. Within the Bank, the relevant Team’s objective is to be the interface for clients’ subject to the KYC (Know Your Customer) due diligence onboarding or recertification process and monitoring and screening of the transactions. The goal, for this team, is to ensure a Global and consistent service to clients, whilst maintaining proper risk management in the area of KYC due diligence.

Responsibilities:

• To follow up the national and international regulations about AML, CFT and international sanction policies and implementing these to Bank’s related units, products, and activities.
• Development of policies internally relating to AML in the Bank and overseeing the implementation of those policies.
• To develop and maintain anti-money laundering combating the financing of terrorism, financial security and international sanction control policies and procedures.
• To manage the team of sanction screening for the identification, analysis and monitoring the transaction of the alerts.
• To prepare AML training materials, perform AML training sessions to the staff.
• To follow up international sanctions, monitoring transactions and providing AML-Compliance opinion regarding to trade/payment transactions.
• To perform enhanced due diligence regarding to high-risk customers’ account openings.
• Compilation reports for the Management Board and internal risk committees.
• Reporting results of reviews of AML risk assessments and monitor remedial proceedings.
• Conducting due diligence reviews.
• Monitor client financial activities to ensure they are legal and in compliance with internal and external bank policies.
• Oversee daily and periodical QA review for KYC and transaction monitoring and lead remediation efforts of any resulting findings in a timely manner.
• Conduct annual EWRA and perform annual calibration and tests on the AML tools and make required updates in policies, procedures, and transaction monitoring scenarios.

Qualifications:

• University degree preferably in Law, Business Administration, Economics or other relevant qualifications.
• Minimum of 5 + experience working in Banks, FinTechs.
• Fluent English. This is an absolute requirement. Any other language is an asset.
• Experience in onboarding high risk clients (FinTechs or/and Banks) and transaction monitoring is must.
• EMEA jurisdiction KYC process knowledge.
• Advantage – ACAMS certificate
• Affinity with the financial sector and basic understanding of due diligence and (international) Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) regulations.
• Ability to understand complex AML/CFT/IS risk and operational issues and develop practical and risk-based solutions.
• Excellent communication and interpersonal skills. Strong analytical skills and strong risk awareness.
• Team player, independent, hardworking, eager to learn and accurate. Problem-solving and decision-making abilities.
• Proficient in Microsoft Office.

We will ensure that exact salary offered for you will be based on your qualifications, competencies, professional experience, and requirements for the corresponding job function.

Data Protection Notice:

https://em.bank/wp-content/uploads/2023/06/Privacy-Policy-May-23.pdf

Your application and your CV including your personal data will be considered as your permission to manage your personal data what we will perform only for recruitment purposes with the confidentiality.