AML Monitoring Compliance Officer

Job description

Job Description

The AML Monitoring Compliance Officer is responsible for monitoring client transactions, including assessing historical and current client information and interactions to obtain a complete picture of client activity.

Main tasks

• Analysis of high-risk transactions
• Identification of suspicious behavior
• Management of alerts generated by the transaction monitoring system
• Tracking the escalation process for transaction monitoring alerts
• Registration of analysis results and/or escalation processes in systems and tools
• Carrying out in-depth analyses of transaction patterns
• Escalation of sensitive and/or urgent cases to the Head of Financial Crime Compliance
• Creation of analysis reports
• Presentation of cases to senior management
• Maintenance of systems and tools up to date
• Cooperation with other compliance units (including Group Compliance) and with the FLOD team (First Line of Defense)
• Preparation and implementation of training courses and workshops on transaction monitoring

Special tasks

• Analysis and approval of transactions on accounts that are blocked for AML reasons
• Management of requests from third parties:
  • Analysis and approval of cash investment requests from FLOD
  • Management of requests from correspondent banks - communication with FLOD, collection and control of information, timely response
  • Management of requests from authorities - collection and control of information, preparation of files, timely response
  • Management of AML/KYC questionnaires from counterparties
  • Coordination with other departments to gather necessary information and approvals
  • Review of questionnaires and documentation received from financial institutions
  • Back-up for name screening or other filter tools after training and on request

Requirements

• Bachelor's degree in law, economics, finance or a related field
• 5+ years of experience in financial crime compliance
• Fluent in English and French (written and spoken)
• Solid knowledge of the Monegasque anti-money laundering regulatory framework
• Strong analytical and technical skills
• Open, solution-oriented and team-oriented approach
• Excellent verbal and written communication skills, ability to communicate with various stakeholders
• Ability to work under pressure and set priorities

We offer

• A dynamic and supportive working environment
• A fair and inclusive working atmosphere
• A global network of locations and customers

Corporate values

• Accountability: Taking responsibility for tasks and challenges as well as continuous improvement
• Hands-on: Proactive approach to deliver high-quality results quickly
• Passionate: commitment and striving for excellence
• Solution-oriented: Focus on customer results and fair treatment of customers with a risk-aware mindset
• Partnership: promoting cooperation and teamwork, entrepreneurship