Satellite Office Careers

Description

Role Overview:

The Junior AML Compliance Officer will support the AML Compliance team in ensuring that SendFX meets its regulatory obligations related to Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF). This role involves monitoring, reviewing, and reporting suspicious activities, conducting due diligence, and assisting in the development and implementation of compliance policies and procedures. 

Key Responsibilities:

1. Transaction Monitoring and Reporting: 

• Monitor transactions for suspicious activities using the company's AML software. 
• Investigate and report suspicious activities to the MLRO. 
• Assist in the preparation of Suspicious Activity Reports (SARs) for submission to relevant authorities. 

2. Customer Due Diligence (CDD): 

• Conduct initial and ongoing CDD/KYC (Know Your Customer) checks for new and existing clients. 
• Verify customer identities and maintain accurate records. 
• Escalate higher-risk cases for Enhanced Due Diligence (EDD). 

3. Policy and Procedure Development: 

• Assist in the development, review, and implementation of AML/CTF policies and procedures. 
• Ensure that all policies and procedures are up-to-date and in line with regulatory requirements. 

4. Training and Awareness: 

• Participate in the development and delivery of AML training programs for staff. 
• Stay informed about changes in AML/CTF regulations and best practices. 

5. Audit and Compliance Reviews: 

• Support internal and external audits and regulatory reviews. 
• Assist in the preparation of documentation and responses for audits. 

6. Record Keeping and Reporting: 

• Maintain accurate and up-to-date records of all AML/CTF-related activities. 
• Prepare regular compliance reports for senior management. 

Qualifications and Skills: 

• Bachelor’s degree in Finance, Law, Business, or a related field. 
• Some experience in AML compliance, financial services, or a related field is preferred but not essential. 
• Strong analytical skills and attention to detail. 
• Excellent written and verbal communication skills. 
• Ability to work independently and as part of a team. 
• Proficiency in using compliance software and Microsoft Office Suite. 
• Strong ethical standards and integrity. 
• Personal Attributes: 

Proactive and self-motivated. 

• Strong organisational and time management skills. 
• Ability to handle sensitive and confidential information. 
• Keen interest in regulatory compliance and financial crime prevention.