Anti-Money Laundering Specialist

JR United Kingdom; Slough; On-site; GBP 50,000 - 75,000; Full time

Job summary

A leading company in the financial services industry is seeking a Senior AML Specialist to act as the 1st line of defence within AML Operations. This role involves implementing strategic changes to AML processes, overseeing transaction monitoring, client due diligence, and risk management tasks, while ensuring adherence to regulatory frameworks. The ideal candidate will bring extensive AML compliance experience, showcasing exceptional leadership and communication skills.

Qualifications

• Extensive background in Anti-Money Laundering (AML) and Compliance roles.
• Strong technical knowledge of AML regulations and first line of defence responsibilities.
• Demonstrated supervisory ability and organizational effectiveness in previous positions.

Responsibilities

• Monitor and clear daily transaction alerts and refine screening parameters.
• Conduct identity verification and Customer Due Diligence.
• Maintain risk registers and prepare management information reports.

Skills

AML/Compliance Experience

Regulatory & Procedural Expertise

Leadership & Organizational Skills

Strong Communication Abilities

Job description

Senior AML Specialist (1st Line)

This is a critical position to act as the 1st line of defence within AML Operations. The main remit of this role will be to implement changes into AML processes across the business, moving away from 'BAU' work towards bigger-picture strategy implementation.

Snapshot of the Role

1. Transaction Monitoring & Screening: Monitor and clear daily transaction alerts, refine screening parameters to minimize false positives, and support AML screening for offshore account openings.
2. Client Due Diligence & Risk Assessment: Conduct identity verification, Customer and Enhanced Due Diligence (CDD/EDD), and perform periodic risk assessments, liaising with clients to gather and validate required documentation.
3. Risk Management & Reporting: Maintain risk registers, carry out monthly reliance testing, prepare management information reports, and act as the primary contact for internal audit and regulatory enquiries.
4. Policy & Procedure Maintenance: Review and update AML policies, operational procedures, and the department’s Risk and Control Self-Assessment (RCSA), while contributing to technical and system enhancements.

Your Profile

1. AML/Compliance Experience: Extensive background in Anti-Money Laundering (AML) and Compliance roles within the financial services industry (ideally Investments or Wealth), supporting regulatory adherence and risk mitigation initiatives.
2. Regulatory & Procedural Expertise: Strong technical knowledge of AML regulations and familiarity with first line of defence responsibilities, including operational procedures and compliance frameworks.
3. Leadership & Organizational Skills: Demonstrated supervisory ability and organizational effectiveness in previous financial services positions; adept at managing multiple tasks and priorities in high-volume environments.
4. Strong Communication Abilities: Skilled in engaging professionally with senior management, Compliance, and Financial Crime teams through both written and verbal communication.