Senior AML Analyst
Senior AML Analyst
Senior AML Analyst
Founded in 2014, FinXP is an award-winning European payments and banking fintech. The company’s mission is to enable customers to quickly and easily, make and receive payments worldwide.
Terms
Full Time
About the Role
Reporting to both the MLRO and the Compliance Officer, the Senior AML Analyst will be a key member of the Compliance/MLRO team. This team is responsible for overseeing regulatory compliance and managing AML/CFT matters within the company. Our role includes ensuring adherence to regulations, supporting regulatory and annual statutory audits, and carrying out AML/CFT-related tasks. Our work is crucial to the company’s long-term sustainability and growth.
Main Responsibilities:
• Manage the review and collection of data required for the business risk assessment and bring forward any recommendations to the risk matrix.
• Completion and submission of the annual Risk Evaluation Questionnaire.
• Completion of the Annual Compliance Report.
• Review and monitor AML/CFT policies and procedures.
• Assist in the delivery of AML/CFT awareness training to staff members.
• Keep abreast with upcoming AML/CFT & Regulatory Compliance legislation.
• Maintain and update the Compliance Monitoring Programme and raise any breaches to MLRO.
• Monitoring that the Company’s employees are adequately trained to become aware of the legal provisions concerning the prevention of money laundering and funding of terrorism.
• Monitor the effectiveness of AML systems and controls including snap checks on account level particularly IBAN accounts.
• Carry out snap checks and periodic checks on transaction monitoring alerts and analyse all alerts flagged to MLRO team.
• Act as a designated employee and receive internal suspicious reports and investigate thereon.
• As a designated employee, decide whether these internal suspicious reports should be reported externally to the relevant competent authorities and if appropriate, make such external reports.
• Respond to requests received in GoAML, made by local and foreign authorities as appropriate.
• Assist in the preparation of regular MLRO reports to the board and other necessary reporting.
• Ensuring that any MLRO and designated employee regulatory action points are efficiently brought to the Board’s attention and that timely progress is made to address and resolve them.
• Attends and act as a point of contact with inspections carried out by MFSA and FIAU.
• Assist during internal and external regulatory audits.
• Follow-up on remediation and liaise internally so that all action points are completed by the action owners.
• Performs such other duties, compatible with the role and as may be assigned by the MLRO or the Senior Management from time to time.
Person Specifications:
• Minimum 3 to 5 years experience in AML/CFT (Fintech Industry/Payments/Banking) compliance-related laws and regulations.
• Knowledge of regulatory compliance framework for e-money institutions.
• Willingness to learn and aptitude for acquiring new competencies.
• Ability to work in a fast-paced environment as a key individual and point of reference for AML/CFT matters.
• Excellent communication skills, comfortable presenting at all levels internally in the organization on an individual or group basis, to customers and external stakeholders as required.
• Highly organized and able to work effectively under pressure being able to manage priorities.
• Team player.
• Proactive approach to work.
Contact us to apply
Meet our team and let us hear about your experiences by submitting your application via email at careers@finxp.com
Founded in 2014, FinXP is an award-winning European payments and banking fintech. The company’s mission is to enable customers to quickly and easily, make and receive payments worldwide.
Terms
Full Time
About the Role
Reporting to both the MLRO and the Compliance Officer, the Senior AML Analyst will be a key member of the Compliance/MLRO team. This team is responsible for overseeing regulatory compliance and managing AML/CFT matters within the company. Our role includes ensuring adherence to regulations, supporting regulatory and annual statutory audits, and carrying out AML/CFT-related tasks. Our work is crucial to the company’s long-term sustainability and growth.
Main Responsibilities:
• Manage the review and collection of data required for the business risk assessment and bring forward any recommendations to the risk matrix.
• Completion and submission of the annual Risk Evaluation Questionnaire.
• Completion of the Annual Compliance Report.
• Review and monitor AML/CFT policies and procedures.
• Assist in the delivery of AML/CFT awareness training to staff members.
• Keep abreast with upcoming AML/CFT & Regulatory Compliance legislation.
• Maintain and update the Compliance Monitoring Programme and raise any breaches to MLRO.
• Monitoring that the Company’s employees are adequately trained to become aware of the legal provisions concerning the prevention of money laundering and funding of terrorism.
• Monitor the effectiveness of AML systems and controls including snap checks on account level particularly IBAN accounts.
• Carry out snap checks and periodic checks on transaction monitoring alerts and analyse all alerts flagged to MLRO team.
• Act as a designated employee and receive internal suspicious reports and investigate thereon.
• As a designated employee, decide whether these internal suspicious reports should be reported externally to the relevant competent authorities and if appropriate, make such external reports.
• Respond to requests received in GoAML, made by local and foreign authorities as appropriate.
• Assist in the preparation of regular MLRO reports to the board and other necessary reporting.
• Ensuring that any MLRO and designated employee regulatory action points are efficiently brought to the Board’s attention and that timely progress is made to address and resolve them.
• Attends and act as a point of contact with inspections carried out by MFSA and FIAU.
• Assist during internal and external regulatory audits.
• Follow-up on remediation and liaise internally so that all action points are completed by the action owners.
• Performs such other duties, compatible with the role and as may be assigned by the MLRO or the Senior Management from time to time.
Person Specifications:
• Minimum 3 to 5 years experience in AML/CFT (Fintech Industry/Payments/Banking) compliance-related laws and regulations.
• Knowledge of regulatory compliance framework for e-money institutions.
• Willingness to learn and aptitude for acquiring new competencies.
• Ability to work in a fast-paced environment as a key individual and point of reference for AML/CFT matters.
• Excellent communication skills, comfortable presenting at all levels internally in the organization on an individual or group basis, to customers and external stakeholders as required.
• Highly organized and able to work effectively under pressure being able to manage priorities.
• Team player.
• Proactive approach to work.
Contact us to apply
Meet our team and let us hear about your experiences by submitting your application via email at careers@finxp.com