AML Monitoring Compliance Officer

Job description

Job Description

The AML Monitoring Compliance Officer is responsible for monitoring customer transactions, including assessing historical and current customer information and transactions to obtain a complete picture of customer activity. This may include money transfers, deposits and withdrawals. At EFG, monitoring is carried out with the support of SAS software.

Main tasks

• Analysis of high-risk transactions;
• Identification of suspicious behavior;
• Management of alerts generated by the transaction monitoring system within the specified period;
• Tracking of the escalation process for transaction monitoring alerts;
• Proper registration of the results of analyses and/or the escalation process 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;
• Preparation of analysis reports;
• Presentation of cases to senior management;
• Updating systems and tools;
• 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 correspondent bank requests - 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;
  • Manage requests for AML/KYC questionnaires from counterparties within the specified deadline;
  • Coordination with other departments to gather necessary information and approvals;
  • Review of questionnaires and documentation received from financial institutions;
  • On request and after training, backup for name screening or other filter tools;

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, both written and spoken;
• Solid knowledge of the Monegasque anti-money laundering regulatory framework;
• Strong analytical and intellectual 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 prioritize;

We offer

• A dynamic and supportive working environment;
• A culture of mutual respect and continuous learning;
• An opportunity to be part of a global team and develop innovative solutions;

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 outcomes and treating customers fairly with a risk-aware mindset;
• Partnership: promoting cooperation and teamwork, together with an entrepreneurial spirit.