AML Monitoring Specialist

Tasks

• Verification of supporting documents and assessment of negative news (including assessment of the reliability of the source)
• Review and document all aspects of the customer relationship and take appropriate compliance measures and adequate risk mitigation and remedial measures.
• Communication with senior stakeholders within compliance and other parts of the organization, as well as with the Group's international locations
• Conducting ad hoc investigations and extended due diligence reviews on defined risk categories and complex cases
• Conducting comprehensive background checks, critically evaluating and documenting information sources
• Escalation of issues identified during the review process, as well as initiation and monitoring of mitigation measures to reduce the bank's risks
• Collaboration with partners from all three lines of defense (front office, compliance, and internal audit) as well as other functions (relationship managers, front office risk management, etc.) and domestic and foreign Group subsidiaries
• Recommendation, development, and implementation of solutions for the continuous improvement of our processes, procedures, and services

Requirements

• University degree (law or business administration) or equivalent
• Several years of expert experience in law and compliance or auditing at a globally operating bank
• Ability to effectively apply global AML and CFT regulations and standards to identify money laundering schemes and mitigate risks
• Ability to define problems, collect data, establish facts, and draw valid conclusions; ability to interpret a variety of data and handle complex situations
• Ability to communicate unpopular opinions/decisions and remain steadfast under pressure
• Proven track record in solving highly complex problems, decision-making and prioritization skills
• Solution-oriented and very strong analytical skills
• Exercise common sense and discretion

We offer