Risk Based Due Diligence and Transaction Monitoring Associate - 2-3m FTC

Davy; Dublin; Hybrid; EUR 45,000 - 60,000; Full time

Benefits offered by this job

Health and Wellbeing

Employee Assistance Programme (EAP)

Flexible working options

Learning and development opportunities

Job summary

Davy in Ireland is seeking a 1st Line of Defence analyst to perform ongoing due diligence, monitor high-risk customers, and review alerts. You will become expert in internal systems and help ensure investigations are well documented.

The role requires a degree in law, business or finance (or CAMS) and at least 1 year in transaction monitoring, with strong analytical and communication skills. A collaborative, hybrid working environment with career growth at Davy.

Qualifications

• Bachelor's degree in law, business, finance, or accounting preferred.
• CAMS or similar compliance credential encouraged.
• 1+ years' experience in transaction monitoring and screening.
• Knowledge of financial crime methods.
• Familiarity with Criminal Justice Act obligations and CBI Guidelines.

Responsibilities

• Conduct ongoing due diligence reviews on customers including high-risk, PEPs and corporates.
• Review alerts and document monitoring activities in compliance with internal standards and regulatory expectations.
• Analyze customer transactions with reference to their risk profile and history to determine reasonable basis for potentially suspicious transactions.
• Assess screening alerts for political exposure and sanctions.
• Document alert assessments and escalate suspicious transactions and PEP/sanction alerts.
• Prepare first draft narratives on SAR/STRs for reporting to FIU and Revenue.
• Complete reviews in line with Davy standards and KPI's.
• Support colleagues in the second line of defence in responding to FIU and Revenue queries.

Skills

Analytical skills

Oral and written communication

Attention to detail

Self-motivation

Education

Bachelor's degree in law, business, finance, or accounting

CAMS or similar compliance credential

Job description

About us

At Davy, it's the unique talents of all our people that have been the foundations of our success for 100 years. As we continue to grow, so do you. Because you are not just part of our team - you are a key player in shaping our future. At Davy, you are the difference. Established in 1926, the Davy Group sits at the heart of wealth and capital in Ireland, providing a broad range of services to high-net-worth individuals, self-directed investors, small-to-medium enterprises, credit unions, corporations, and domestic & international institutional investors. Our culture is shaped around three values, which are at the heart of everything we do: client success, one Davy, and building a proud legacy. Sharing the same goals, we work together to deliver exceptional outcomes for our clients. As part of a team of over 900, you will be encouraged to learn and to grow, both professionally and personally.

About the role

An exciting opportunity has opened up in the 1st Line of Defence against Financial Crime. In the role, the successful candidate will:

• Conduct Ongoing Due Diligence reviews on customers, including High Risk, PEP's and Corporates Transaction Monitoring: Review Alerts to identify indicators of Fraud, AML, Terrorist Financing and other high-risk indicators.
• Become expert in internal and external systems to ensure all monitoring and screening activities are effectively documented in compliance with internal standards and regulatory expectations
• Analyze customer transactions with reference to their risk profile and history to determine reasonable basis for potentially suspicious transactions
• Assess screening alerts for political exposure and sanctions
• Document alert assessments in line with procedures and elevate suspicious transactions and PEP/sanction alerts
• Prepare first draft narratives on SAR/STR's for reporting to FIU and revenue
• Complete all reviews in line with Davy standards and KPI's
• Support colleagues in the second line of defence in responding to FIU and Revenue queries

About you

• Bachelor's degree in law, business, finance, or accounting preferred or Certified Anti-Money Laundering Specialist (CAMS) or similar Compliance diploma or accreditation
• 1+ years' experience in transaction monitoring and screening for financial crimes, and ongoing due diligence reviews preferably in an investment firm or other financial institution
• Knowledge of financial crime methods - Smurfing, Money in/out, Insider Trading and Market Abuse
• Knowledge of the Criminal Justice Act obligations and CBI Guidelines relating to reporting of potentially suspicious activity
• Strong analytical skills with a strong attention to detail, and a direct experience escalating high-risk issues to management
• Excellent oral and written communication skills
• Self-motivated with the ability to work in a small team

What we offer

At Davy, our people are our biggest investment. In today's fast-moving world, we know it's important to feel secure and empowered. That's why Davy benefits support you through all of life's stages, offering health and wellness, flexible working options, flexible benefits allowance, learning and development opportunities, through to assisted retirement planning.

Health and Wellbeing Psychological safety, emotional wellbeing and support are a priority at Davy. We offer a comprehensive Employee Assistance Programme (EAP) and mental health first aid. Our Sports & Social teams promote physical wellbeing and social connection.

Reward and Recognition We offer a competitive remuneration package to include salary, bonus, pension and a host of additional benefits to protect you and your family when it matters most.

Growth and Development Our award-winning L&D function supports you and your growth at Davy. We offer a comprehensive range of professional and personal development opportunities. Our culture supports learning, and we encourage you to explore more at Davy.

Positive Workplace We are flexible and continue to support a hybrid working model. You will get to be your best at Davy.

Values and Culture

Exceptional client outcomes delivered by a world class team, underpinned by our core Davy values - One Team, Client Success, and Proud Legacy.

Important Information

Davy is an equal opportunities employer, committed to fostering an inclusive and diverse workplace. We value diversity in both background and experience, and even if you don't meet all of the requirements outlined in the job description, we still encourage you to apply. We review all applications received.

As part of our commitment to creating an accessible environment, we want to ensure that everyone has an equal opportunity to participate in the interview process. If you require any reasonable accommodations, please let us know, and we will do our best to make the necessary arrangements.

Appointment to this role is subject to the candidate's eligibility to work in Ireland.