Junior AML Monitoring Specialist 100% (f / m / d)

Bank Julius Bär & Co. Ltd.; Madrid; Presencial; EUR 30.000 - 45.000; Jornada completa

Descripción de la vacante

A leading Swiss wealth management company seeks a Junior AML Monitoring Specialist in Madrid. The role involves reviewing transactions flagged by the AML monitoring system, performing detailed analyses, and ensuring compliance with KYC protocols. Ideal candidates have a relevant degree, experience in compliance functions, and strong communication skills in English. This full-time position offers an opportunity to thrive in a dynamic financial environment.

Formación

• Degree in Economics, Audit, Finance, Compliance or Legal is required.
• Professional experience in financial business, especially in Compliance, Risk, Audit or Control functions is preferred.
• Experience in handling AML alerts or Compliance review of KYC documentation is ideal.

Responsabilidades

• Review unusual transactions detected by the AML monitoring system.
• Undertake clarifications with front units and verify documentation.
• Initiate remedial actions for KYC profile updates.
• Escalate suspicious transactions for additional due diligence.
• Document all clarification steps and reasoning.

Conocimientos

Independent review of transactions

Analysis of economic backgrounds

Judgment and discretion

Attention to detail

Teamwork

Excellent English communication

Knowledge of French or German

Educación

Bachelor or Master in Economics/Audit/Finance/Compliance/Legal

Descripción del empleo

Junior AML Monitoring Specialist 100% (f / m / d) – Madrid – Full time

At Julius Baer, we celebrate and value the individual qualities you bring, enabling you to be impactful, to be entrepreneurial, to be empowered, and to create value beyond wealth. Let’s shape the future of wealth management together.

Responsibilities

• Independently review unusual transactions detected by the IT-based AML monitoring system, analyse their economic background and assess if the transaction is in line with the client’s KYC profile
• Undertake additional clarifications if deemed required (e.g. investigate with the front units, run adverse information checks of the ordering party and / or beneficiary of the transaction, request and review corroboration documents etc.)
• Initiate potential remedial actions (such as update of the client’s KYC profile or request transactional form A) and track their timely resolution
• Initiate escalation procedures for suspicious transactions requiring additional due diligence and follow-up the handling of the case with internal stakeholders
• Document clarification steps and evidence corroboration and reasoning for every decision and action taken

Your profile

• Degree (Bachelor or Master) in Economics, Audit, Finance, Compliance or Legal
• Professional experience in the financial business, preferably in Compliance, Risk, Audit or Control functions
• Ideally professional experience in the handling of AML alerts or in the Compliance review of client documentation (KYC on-boarding and reviews)
• Ability to work independently as well as with a team
• Exhibit sound judgment and discretion
• Attention to detail and strong follow up skills
• Excellent written and spoken English, additional languages (in particular French or German) would be an advantage

Julius Baer is the leading Swiss wealth management group. We focus on servicing and advising sophisticated private clients from around the world, taking into