KYC/AML Associate

Grant Thornton Ireland; Makati; On-site; PHP 450,000 - 750,000; Full time

Job summary

Grant Thornton Ireland is seeking an AML/KYC Analyst to support investor onboarding and ongoing due diligence. You will conduct AML/KYC checks, verify investor documents, and ensure compliance with applicable laws and client standards.

You will perform ongoing monitoring, report suspicious activities, and stay updated on regulatory changes while collaborating with large teams and document control processes. Strong analytical skills and attention to detail are essential.

Qualifications

• Strong knowledge of AML/KYC regulatory frameworks and requirements.
• Proficiency in using AML/KYC systems and databases.
• Excellent analytical skills and attention to detail.
• Strong communication skills, both written and verbal.
• Able to work independently and manage multiple tasks in a deadline-driven environment.

Responsibilities

• Conduct AML/KYC checks for new investors across various entities.
• Verify and analyse investor documents for compliance with regulations and client standards.
• Perform periodic reviews and monitor for suspicious activities per protocols.
• Stay updated on AML/KYC laws and regulatory changes.
• Assist in preparing reports for client stakeholders and team leads.
• Maintain accurate records in AML/KYC database and handle sensitive information securely.

Skills

Analytical skills

Attention to detail

Communication skills

Independent worker

Deadline-driven

Education

Bachelor’s degree in Finance, Business, Law or related field

Tools

AML/KYC systems

World-Check

LexisNexis

Job description

Job Description

• Key Responsibilities
  • Investor Onboarding and Due Diligence
    • Conduct AML/KYC checks for new investors, including individuals, corporations, trusts, and other legal entities.
    • Verify and analyse investor documents to ensure compliance with applicable regulations and client standards.
  • Ongoing Monitoring
    • Perform periodic reviews of existing investor profiles to ensure continued compliance with our client’s AML/KYC policies.
    • Monitor and report suspicious activities to in accordance with established protocols.
    • In-depth understanding of AML laws, sanctions, and screening requirements, including OFAC, PEPs, and FATF guidelines.
  • Regulatory Compliance
    • Stay updated on changes to AML/KYC laws, regulations, and industry best practices.
    • Ensure all AML/KYC documentation is collected, verified, and maintained in line with regulatory requirements.
  • Collaboration and Reporting
    • Work as part of large teams, working closely with team leads to address escalations and resolve discrepancies.
    • Assist in preparing reports for various client stakeholders and Grant Thornton team leads.
  • Data Management
    • Maintain accurate records in the AML/KYC database, ensuring data integrity and completeness.
    • Handle sensitive information with discretion and confidentiality.
  • Additional elements
    • Ability to assess the design and operational effectiveness of controls systematically.
    • Proficient in identifying control deficiencies, assessing their impact, and proposing actionable solutions.

Qualifications

• Education
  • Preferably a Bachelor’s degree in Finance, Business, Law, or a related field.
• Experience
  • Minimum of 1-3 years of experience in an AML/KYC role within the funds, banking, or financial services industry.
  • Familiarity with fund structures such as mutual funds. hedge funds, and private equity is a plus.
• Skills and Knowledge
  • Strong knowledge of AML/KYC regulatory frameworks and requirements (e.g., Irish Criminal Justice (Money Laundering and Terrorist Financing) Act, CSSF Circulars, EU AML Directives, BSA / PATRIOT ACT, FATCA, CRS).
  • Proficiency in using AML/KYC systems and databases.
  • Excellent analytical skills and attention to detail.
  • Strong communication skills, both written and verbal, for interacting with investors and internal teams.
  • Ability to work independently and manage multiple tasks in a deadline-driven environment.

Preferred Qualifications

• Certifications such as CAMS (Certified Anti-Money Laundering Specialist) or other certifications or Diplomas in AML.
• Experience with compliance systems and tools like World-Check, LexisNexis, or similar platforms.