Anti-Money Laundering Analyst

About This Role

This role combines client due diligence, AML investigations, and screening activities within the financial services sector, with regular interaction with business stakeholders and internal compliance functions. The position suits someone comfortable working in a regulated environment, handling sensitive information, and making well-documented, risk-based assessments.

Responsibilities

• Support commercial and onboarding teams with KYC-related questions
• Review new client files and periodic reviews, with particular attention to higher-risk relationships
• Assess whether documentation and information meet the applicable onboarding requirements
• Perform enhanced due diligence where the risk profile requires additional investigation
• Gather supplementary information from internal stakeholders and relevant banking contacts
• Identify inconsistencies, missing information, or other risk indicators and determine the appropriate follow-up
• Provide recommendations to the relevant business or management stakeholders regarding the continuation or approval of a client relationship
• Escalate potential money-laundering concerns to the appropriate AML function in accordance with internal procedures
• Support business teams in the initial handling of transaction-monitoring alerts
• Review cases referred for second-level analysis
• Investigate customer activity and obtain additional information or documentation when required
• Work with internal banking contacts to clarify transactional activity and customer information
• Determine the appropriate next steps based on the outcome of an investigation, such as closing an alert, initiating a client review, or recommending an exit from the relationship
• Escalate potentially suspicious activity to the AML Compliance Officer when appropriate
• Support first-level users in the interpretation and handling of screening alerts
• Perform second-level reviews and additional checks
• Collect further information when an alert cannot be resolved based on the available data
• Assess the implications of screening results and advise stakeholders on the appropriate follow-up
• Escalate potential sanctions matches promptly to the responsible compliance function
• Help improve and maintain operational procedures and documentation
• Provide clear and reliable information for internal and regulatory reporting
• Contribute to risk assessments and identify developments that may affect the organisation's risk exposure
• Raise awareness of emerging compliance or AML-related risks within the relevant teams

Requirements

• At least 2 years of relevant professional experience in KYC, AML, compliance, financial crime, or a comparable function