AML/Onboarding Analyst

Job Description

Our client is a Cyprus registered company which operates an EMI Licensed by the Central Bank of Cyprus. Due to the rapid growth of their international clientele within the European, Asian and African Markets, they are currently looking to hire a Junior AML Monitoring Analyst to join their team based in Nicosia. You will be working in a team of 4, reporting to the Head of Compliance and be responsible for the onboarding of clients

Key Responsibilities:

  • Conduct ongoing client reviews and Due Diligence;
  • Conduct annual client reviews for entities/individuals in accordance with risk-based approach
  • Ensure that KYC/Due diligence information/documentation provided by clients fall within the Company’s requirements;
  • Make sure that CRM systems are fully updated and accurate information is passed therein in relation to clients’ data;
  • Perform client’s negative database screening through software such as Bridger and resolve/investigate the possible hits;
  • Monitor the AML risk level of the clients;
  • Work closely with the Customer Support & On boarding Department to make sure that the AML procedures are followed;
  • Review the transaction monitoring alerts in line with prescribed procedures;
  • Investigate the individual alerts to determine if there is a potential suspicious transaction involved;
  • Assess the transaction in the context of previous transactions and the client’s business/purpose of the account;
  • Create and maintain accurate and concise records of all investigations undertaken including details on the rationale for any decisions made;
  • Seek to build an understanding of the profile of customers highlighted through the transaction monitoring alert process;
  • Escalate any suspicions pursuant to AML to the AMLCO;
  • Perform any other ad-hoc AML related tasks.

Required Skills & Experience

  • Bachelor Degree;
  • 1-2 years’ experience in a similar position;
  • English at a high level (read, speech and written);
  • Any comfortable communication in additional languages will be considered an advantage;
  • Solid organizational skills including attention to detail and multi-tasking skills;
  • Basic knowledge of Excel and other Microsoft Office tools;

Additional Skills & Experience

  • Any AML certificate/diploma will be considered an advantage;
  • Experience in a FI/PS/EMI will be considered an advantage;
  • Willing to attend to several seminars;
  • Working under pressure.

What's on offer

  • Join a dynamic and innovative team with a friendly working environment; beautiful modern day offices, overlooking the Nicosia skyline
  • Competitive remuneration package.
  • Personal training and development