Senior AML Analyst
Location: Gibraltar, Gibraltar, Gibraltar
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Description
Who We Are
Moneycorp is a thriving dynamic business with an excellent reputation helping Corporate and Private Clients with their FX and International Payments requirements for over 40 years. As a globally expanding business, our footprint covers UK & Ireland, Europe, USA, Canada, Hong Kong, UAE, and Brazil!
With our extremely rare single IBAN multi-currency account, we are able to assist with a variety of different payment needs, including business payment solutions, personal payments abroad (for example buying a property), travel money, as well as the ability to offer interest on deposits. Supplementing this, we also support the global supply chain of wholesale banknotes through our Financial Institutions Group (FIG) and partnership with the US Federal Reserve Bank, to build deeper payment relationships with international banking customers.
It is through obtaining our own banking and payment licenses, the acquisition of two banking platforms and access to 16+ liquidity providers that we are able to proposition a trailblazing FinTech payment infrastructure that simplifies our customer’s diverse business needs and reduce their costs.
There is no doubt that we are a major player and differentiated ourselves in a continuously evolving and competitive industry.
With 500+ employees, Moneycorp prides itself in attracting some of the world’s top talent and the people who work at Moneycorp are truly behind its continued success. As Moneycorp continues to expand into new territories, there are considerable opportunities for growth for newcomers and the learning possibilities are endless. We welcome you to be part of a team which has a passion for the business, all within a collaborative and supportive working environment that has ultimately translated to a unique exciting business. To find out more about our journey click here.
Your Next Challenge
Moneycorp Bank are looking for a Senior AML Analyst, this will be the second line of defence (2LoD) providing the business with advice and guidance on all financial crime related regulatory obligations and requirements including client onboarding, transaction monitoring, payment screening, sanctions and regulatory reporting.
The Senior AML Analyst will support the Deputy Head of Compliance and DMLRO in delivering regulatory excellence and timely support to the first line of defence (1LoD) and front office business units. Ensuring the Bank and Group’s risk and compliance objectives are met and the regulatory health of the business is maintained.
Please note: This is a full-time, permanent position with an opportunity to work within the Risk & Compliance team based in our Gibraltar office. There is an option to work one day a week from home.
What we’re looking for / Skills that will help you in the role
Knowledge and Experience:
- Knowledge and experience of working within Risk and Compliance, preferably in the payments/FX sector
- Strong demonstrable knowledge of Financial Crime rules and guidance particularly the onboarding of high-risk clients and businesses with complex ownership
Skills:
- Attention to detail
- Ability to work under pressure in a fast paced environment
- Good organisational skills including the ability to prioritise
- Excellent communication skills
- Good level of knowledge of Microsoft Office
Education:
- Industry qualification preferable
Personal Attributes:
- Professional
- Approachable and engaging
- Goal oriented
- Determined and persistent
- Team player
Demonstrating a positive "Can do" attitute
Key Responsibilities:
Client Onboarding
- Ensure company procedures and high standards are met during client onboarding
- Ensure that clients are risk assessed appropriately and that the due diligence conducted is consistent with this classification
- Review and assessment of high-risk customer accounts and presentation of control recommendations to MLRO/DMLRO
- AML support and guidance for 1LoD and front office
Periodic CDD Refresh
- Ensure company procedures and high standards are met during client period customer due diligence reviews
- Ensure that clients are risk assessed appropriately and that the due diligence conducted is consistent with this classification
- Review and assessment of high-risk customer accounts and presentation of control recommendations to MLRO/DMLRO
- AML support and guidance for 1LoD and front office
Operational
- Delivers effective AML regulatory change impacts where appropriate across the organisation to improve the controls environment and minimise risk.
- Act as a subject matter expert on AML and sanctions topics, providing technical advice to support front office and outsourced service providers across the Group.
- To participate, help and advise fellow compliance colleagues to ensure that, collectively as a team, the Risk and Compliance team meet the Bank’s overall objectives and ensure that all business and compliance needs are addressed.
- Supports CRS/FATCA compliance requirements of the Bank
- Assists with transaction monitoring and screening reviews as required
SAR Investigations and Reporting
- Conduct AMLCTF investigations where suspicious activity is identified.
- Documents, manage and report suspicious activity to regulatory bodies: Gibraltar Financial Investigation (including consent requests, as required), working alongside the firm's MLRO and DMLRO as instructed.
The successful candidate will be part of a dynamic team and work in a fast-paced environment, catering to a diverse mix of stakeholders with varying needs. Therefore, the ideal candidate should be a self-starter, as there is an opportunity to make an immediate and tangible contribution to the business.
Please note: This is a full-time, permanent position with an opportunity to work within the Risk & Compliance team based in our Gibraltar office. There is an option to work one day a week from home.
What you get in return:
This role offers a competitive salary, plus a benefits package including private medical health insurance.
Interested?
If the role sounds like you, we invite you to upload a copy of your CV and can do this by clicking on the Apply Now button.
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Diversity and Inclusion
Moneycorp is proud to be an Equal Opportunity employer. Across our Group, Moneycorp maintains a philosophy that an inclusive company culture inspires creativity, fosters a sense of belonging, and is imperative to both personal and professional growth. With a makeup of 47 percent female employees, Moneycorp has a remarkably diverse workforce. Our commitment to inclusion and opportunity continues to evolve and improve as we listen and engage with our diverse teams.
All qualified applicants will receive consideration for employment without regard to age, colour, family or medical care leave, gender identity or expression, genetic information, marital status, medical condition, national origin, political affiliation, status as an individual with a physical or mental disability status as an individual with a protected veteran status, race, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable laws, regulations and ordinances.
Moneycorp believes that diversity is critical to our success in helping Corporate and Private Clients with their FX and International Payments requirements across the world and is committed to creating an inclusive, mutually respectful environment which celebrates diversity. We hire on the basis of talent, merit, competence, performance, and business needs.
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Interested in working for Moneycorp?
There’s never been a more exciting time to join Moneycorp. We’re proud to be playing a pivotal role in shaping the future of the payments industry and we’d be delighted to hear from you if you feel you’d be a good fit for us.