Anti-Money Laundering (AML) Analyst – Gaming, Betting, & Gambling job – Market related salary – Johannesburg, South Africa
Initiate International
- Johannesburg, Gauteng
- Permanent
- Full-time
- Conduct comprehensive reviews of customer accounts and transactions to identify suspicious activity.
- Utilize various tools and techniques to analyse large volumes of data and detect patterns indicative of money laundering or other illicit activities.
- Investigate alerts generated by internal monitoring systems and conduct thorough due diligence to determine the legitimacy of flagged transactions.
- Collaborate with internal stakeholders, including Compliance, Legal, and Risk Management teams, to escalate and address potential AML concerns.
- Prepare detailed reports documenting findings from investigations and recommendations for further action.
- Stay informed about regulatory developments and industry best practices related to AML compliance and assist in implementing any necessary changes to policies and procedures.
- Participate in training programs to enhance knowledge of AML laws, regulations, and techniques for identifying suspicious behaviour.
- Bachelor's degree in finance, Accounting, Business Administration, or related field.
- Previous experience working in the gaming industry, with a focus on AML compliance preferred.
- Experience in AML regulations, within MGA or UKGC.
- Proficiency in using AML monitoring software and other analytical tools to conduct investigations and analyse data.
- Excellent analytical skills with the ability to interpret complex financial transactions and identify potential red flags.
- Effective communication skills, both written and verbal, with the ability to articulate findings and recommendations clearly and concisely.
- Detail-oriented and organized, with the ability to manage multiple tasks and prioritize workload effectively.
- Professional certification such as Certified Anti-Money Laundering Specialist (CAMS) is a plus.