APS.32.24 - Financial Crime Compliance Analyst – Transaction Monitoring

APS Bank

Malta
Permanent
Full-time

13 days ago

Job DescriptionJOB TITLEFinancial Crime Compliance Analyst - Transaction MonitoringLEVEL/BANDMM20DEPARTMENTComplianceDIRECT REPORT (JOB TITLE)FCC Lead Manager - Transaction MonitoringOverall Purpose of the PositionThe Financial Crime Compliance (“FCC”) function is responsible for protecting APS Bank from financial and reputational losses incurred by financial crimes by assessing, controlling, and mitigating risks. The FCC Analyst - Transaction Monitoring will be responsible for conducting comprehensive analysis on transactional activity processed by the Bank, to detect activity indicative of money laundering and other financial crimes.Operational Responsibilities

Evaluate transaction monitoring alerts in line with prescribed procedures whilst ensuring the timely and accurate analysis and closure of such alerts.

1) Analyse the individual alerts to determine if there is a potential suspicious transaction
involved.
2) Follow the recommended standard analysis steps.
3) Endorse, determine and verify the veracity and validity of documents obtained by the business.

Engage with stakeholders, namely the CPU Account Activity Team, to collate the necessary information required to close off alerts whilst ensuring the accurate, complete and up-to-date collation of customer documentation to provide evidence of decisions and reasoning based on the facts and the potential ML/FT risk identified.
Create and maintain accurate and concise records of all analysis undertaken including details on the rationale for any decisions made.
Perform testing of enhancements to the transaction monitoring solution as and when the need arises.
Participate in adhoc duties required from time to time to meet the departmental responsibilities and goals.
Identifies and escalate to management any gaps related to internal controls or the Financial Crimes Compliance program including any training needs required by the business.

General ResponsibilitiesDevelop and maintain a collaborative working relationship with compliance and risk colleagues and key business stakeholders.

Demonstrate ongoing interest in Continuous Professional Development.
Be actively involved in tasks related to regulatory reporting, data quality, projects and/or activities as required from time to time.
Undertake other duties that may be reasonably assigned by Senior Officers and Management.

Qualifications, Skills & CompetenciesMandatorySkill

Proactive, dynamic and solution provider.
The ability to analyse and interpret information diligently;
Decision-making and problem solving - The ability and sound confidence to make business critical decisions with a clear understand of when to escalate issues.
Strong knowledge of AML typologies.
Keen eye for detail.

Experience

Significant experience in Anti-Money Laundering and/or Fraud
Experience in Banking

Qualification

Certification in a professional association such as ICA - Certified AntiMoney Laundering Specialists.

DesirableSkill

Experience with online research systems including internet.
Good presentation skills

Experience

Qualification

Position level (1 being the highest level) * Head of Department

Managerial & Specialist Positions
Middle Management & Specialist Positions
Technical & Clerical Positions

APS Bank

Apply Now