AML Administrator

SuMi TRUST Global Asset Services; Dublin; On-site; EUR 42,000 - 54,000; Full time

Job summary

SMT Fund Services (Ireland) Limited, part of SuMi TRUST Global Asset Services, seeks an Administrator to join the AML team in Dublin. You will handle AML documentation, risk assessments, and investor file preparation while ensuring compliance with applicable laws.

The role requires at least 2 years of AML experience and understanding of fund AML regulations, with strong MS Office skills and attention to detail.

Qualifications

• 2 years AML experience required.
• Knowledge of Investment Fund and AML legislation.
• Understanding of regulatory requirements for fund administrators.

Responsibilities

• Re-papering Simplified and Low risk investors
• Assist in risk assessment of new and existing investors
• Prepare investor and client files for clearance
• Liaise with investors/clients to obtain AML documentation
• Maintain records of complete/incomplete AML investors
• Handle ad-hoc duties as required
• Set priorities, work independently, meet deadlines
• Deliver timely, accurate work with a structured approach
• Communicate with clients/colleagues professionally
• Adopt proactive, common-sense problem solving
• Maintain interest in career in Compliance and AML
• Strong knowledge of MS Office in designated areas

Skills

AML knowledge

Regulatory compliance

Attention to detail

Stakeholder communication

Time management

Tools

Microsoft Office

Job description

Reporting to: Assistant Vice President (AVP)

Company

SMT Fund Services (Ireland) Limited is one of the companies that form SuMi TRUST Global Asset Services and is wholly owned by Sumitomo Mitsui Trust Bank, Limited, one of the largest financial services groups in Japan.

SMT Fund Services (Ireland) Limited provides fund administration services to a wide variety of investment products covering all alternative and regulated products. Our service covers all the constituent parts required to independently produce a fund’s dealing or indicative net asset value (NAV) on a monthly, weekly or daily basis.

Department

The AML team manage and develop SMT's AML risk framework across the fund services / depositary business. The team provide advice and deliver AML MI reporting to a variety of areas and stakeholders and their remit covers the shaping and streamlining of SMT's non-compliant reporting processes, while using and developing our risk based approach.

The team has an in-depth knowledge of AML Legislation, Core and Sectoral Guideline Notes as well as a demonstrable understanding of the AML requirements associated with various legal entities, fund jurisdictions and PEP's. The Team spans three companies, SMT Trustees (Ireland) Limited, SMT Fund Services (Ireland) Limited and GAS Cayman Limited, with a common goal to mitigate the risk of regulatory sanctions, material financial loss and reputational damage.

Role Overview

We are looking for a knowledgeable and experienced Administrator to join our team. The ideal candidate will have 2 years experience with AML. Your experience should include an understanding of Investment Fund and AML legislation and a demonstrable understanding of the regulatory requirements associated with fund administrators.

This role will be based in Dublin.

This role spans three companies, SMT Trustees (Ireland) Limited and SMT Fund Services (Ireland) Limited and GAS (Cayman) Limited and your key objective is to make sure we, our clients and their investors meet the requirements of the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010, the Criminal Justice Act 2013 and the Proceeds of Crime Law in the Cayman Islands.

You should have the ability to report to an experienced level, demonstrate good attention to detail, and have the ability to effectively manage competing internal deadlines.

You will have the opportunity to develop strong working relationships with teams in Transition, Shareholder Services, Depositary and Corporate Governance.

Core Responsibilities

• Re-papering Simplified and Low risk investors
• Assisting in Risk Assessing all new and existing investors when required
• Preparing investor and client files for sign off (Clearance) when required
• Liaising with investors and clients, through telephone/written communication, until all requested AML documentation has been obtained;
• Maintaining a record of complete and incomplete AML investors and ensuring action is taken to receive all outstanding documentation.
• Any other ad-hoc duties, as requested
• Ability to establish priorities, work independently, and proceed with objectives without supervision.
• We're looking for someone who can complete their work in a timely and accurate manner and has a structured and determined approach to work.
• The candidate will need to have a willingness to take ownership of problems and an ability to communicate with clients and colleagues at all levels, while maintaining a high level of professionalism.
• The candidate will also need to adopt a proactive and common sense approach to problems and elevate where necessary.
• You will be interested in developing your career in Compliance and AML.
• Strong knowledge of Microsoft Office applications relating to designated areas of responsibility