Purpose of the role:
To act as Business Analyst for the Risk and Compliance function providing expertise in relation to systems, projects and testing, together with the production of Management Information and implementation of efficient processes and procedures.
Responsibilities:
- To assist with the implementation and maintenance of robust systems and controls in relation to sanctions screening, online training, and recording of client information for AML/CFT, sanctions, customer due diligence information and other relevant regulatory requirements with the ability to recommend improvements and carry out user acceptance testing acting within the specialised remit AML/CFT and sanctions
- Supporting the MLRO/MLCO with decisions referred in respect of new client take on where sanction considerations are necessary. Considering and making decisions in relation to potential sanction screening matches generated by the automated screening system and on-going testing of the same for robustness as part of the wider sanctions framework
- Assisting with technical referrals for more complex CDD queries arising from new business take on enquiries as necessary when volumes dictate
- To assist with the preparation and delivery of online and face to face training to support the developing compliance culture and competence of all employees in relation to sanctions, suspicious activity reporting and customer due diligence and other relevant subjects as they arise
Skills required:
- Good knowledge of Microsoft applications, particularly Excel, and other AML/CFT and sanction screening systems
- Basic knowledge of law firm matters relating to corporate, property, probate and fiduciary clients is desirable but not essential
- Experience working in a project environment is preferred
- ICA Diploma in Anti-Money Laundering or equivalent is desirable but not essential
- Excellent analytical and data interrogation skills are a prerequisite for this role
- Ideally experience in an anti-money laundering role with a good knowledge of Jersey AML/CFT legislation
- Experience with CDD, take-on procedures and RiskScreen screening tools is required