Assistant, AML Compliance

REQ13096 Assistant, AML Compliance (Open)

POSITION SUMMARY:

The Assistant, AML Compliance is responsible for ensuring that all the AML department’s records are kept up to date. In addition, the AML Associate assists with all day-to-day tasks as requested.

PRIMARY RESPONSIBILITIES:

• Assists with financial data analysis and reporting.
• Responsible for ensuring that the AML Department records are up to date and accurate.
• At the direction of the AML Manager communicates and cooperates with other departments regarding customer activity as well as data variances and resolutions
• Ensures compliance with all current AML laws and regulations appropriate for Cyprus Casinos
• Maintains a current understanding of money laundering and terrorist financing issues, including policies, procedures, regulations, industry best practice, criminal typologies and developing trends
• Maintains the risk management framework for products and services, clients and customers, and other issues relating to money laundering and ensures all customers are categorised correctly.
• Ensures correct procedures are applied to all customers based on their risk category in line with the Company’s policies and procedures.
• Completes World Check reviews and Open-Source Investigations
• Ensures all relevant customers are categorised correctly.    
• Ensures the correct documentation is received in respect of KYC procedures.
• Identifies and report to AML Manager/ HOD all customers required to provide source of funds / wealth in line with enhanced due diligence procedures and take appropriate measures to obtain the documents.
• Monitors any unusual activities and transactions and reports to AML Manager / HOD
• Reviews, investigates and raises to AML Manager/HOD as required, alerts generated by the AML monitoring system.
• Ensures detailed and prompt investigation of all AML/CTF incidents and cases.
• Obtains documentary proof of suspicious transactions and ensures effective record keeping of suspicious transaction identified.
• Investigates and assesses alerts for potential money laundering risks.
• Conducts daily monitoring of client’s transactions according to approved internal policies and procedures.
• Performs any other duty as allocated by the Senior Management in his/ her area of responsibility.

QUALIFICATIONS:

Experience

• Experience not required.
• Any relevant experience in Audit/ Compliance/ Data Analysis will be considered an advantage.

Education

• Bachelor’s degree or higher education level

Preferred Qualifications

• Diploma in Anti Money Laundering or related field will be distinct advantage.
• Certification in a professional association such as the Association of Certified Anti-Money Laundering Specialists (ACAMS) or International Compliance Association (ICA) would be a distinct advantage.

Skills

• Excellent command of English language (written, spoken); Good command of Greek language is an advantage.
• Analytical skills, able to adjust to a role involving organization and analysis of complex data.
• Excellent command of Excel
• Effective Communication style
• Good understanding of AML Legislation

PERSONAL COMPETENCIES:

• Displays a high commitment to delivering results.
• Inspires others to achieve business objectives.
• Communicates effectively.
• Achieves agreed objectives and accepts accountability for results.
• Displays the highest level of integrity.
• Ability to maintain discretion.
• Self-motivated
• Approachable
• Must be a team player and willing to work in a team atmosphere.
• Willing and able to take on ad hoc assignments with short notice.