We are seeking a detail-oriented and proactive Customer Onboarding Specialist to join our growing AML operations team. In this role, you will be responsible for conducting thorough due diligence reviews of clients at on-boarding to ensure compliance with internal AML requirements. You will play a crucial part in identifying potential money laundering risks, escalating suspicious activity, and supporting the company's efforts to maintain a strong anti-money laundering (AML) program.

The ideal candidate will have a strong understanding of AML regulations, excellent analytical skills, and the ability to make sound decisions in a fast-paced and dynamic environment.

The Work !

Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD): Conduct CDD and EDD on clients and transactions to assess the risk of money laundering or other financial crimes. Perform open-source search checks, analyze customer information including documentation, and verify sources of funds as necessary.
Risk Assessment: Evaluate and categorize clients based on risk factors, such as geographical location, industry, and customer profile according to internal risk scoring methodology and guidance. Maintain up-to-date records of risk assessments and adjust them as necessary.
Escalate Suspicious Activity: Review and analyze money laundering, terrorist financing and sanctions evasion red flags and potential suspicious activity that may require further investigation by the AML Compliance team.
Regulatory Compliance: Stay current with evolving AML regulations and industry best practices. Ensure that the company’s AML due diligence procedures and controls comply with internal AML requirements.
Reporting and Documentation: Maintain comprehensive records of all due diligence activities, client interactions, and investigative reports. Prepare reports and provide recommendations for internal audits and regulatory inspections.
Collaboration: Work closely with other departments, such as legal, operations, and risk management, to ensure a cohesive approach to anti-money laundering efforts. Provide guidance and training to staff on AML procedures and policies.
Continuous Improvement:
Contribute to the enhancement of the AML compliance program by identifying inefficiencies and recommending improvements to policies, procedures, and systems.

Let's Talk About You !

Education: Bachelor’s degree in Finance, Accounting, Business, Criminal Justice, or a related field. AML or compliance certifications (e.g., ACAMS, ICA, or similar) are a plus.
Experience: At least 2 years of experience in an AML compliance or due diligence role, preferably within the financial services industry (banking, insurance, fintech, etc.).
Knowledge: Working knowledge of regulatory requirements for AML/ATF and sanction risk, industry best practices and/or organizational goals for AML/ATF typologies; essential).

Skills:

Excellent analytical and investigative skills, with the ability to assess complex data and identify risks.
Strong attention to detail and accuracy in documentation and reporting.
Ability to work independently and manage multiple priorities under pressure.
Proficient in the use of AML software and databases
Strong written and verbal communication skills, with the ability to clearly articulate findings and recommendations.
Advanced Excel skills specifically ability to create macros and v-lookups
Ability to organise and compile data to produce metric reports;
Strong organizational skills, demonstrates ability to prioritize assignments, projects and multi-task within restricted time constraints;

Additional Attributes:

High ethical standards and the ability to maintain confidentiality.
Problem-solving mindset with a proactive approach to compliance issues.
Ability to adapt to evolving regulations and organizational needs.

Preferred Qualifications:

Experience with sanctions and politically exposed persons (PEPs).
Knowledge of data privacy regulations and how they intersect with AML compliance.
Familiarity with transaction monitoring systems, screening tools, and other compliance software platforms.

AGE solutions

Customer Onboarding Specialist, Small Business Banking

The Work !

Let's Talk About You !