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AML Officer ( Banking )

Job Title: AML Officer ( Banking )
Contract Type: Permanent
Location: Malta
Salary: 20-23 K
Reference: 4384
Contact Name: Tijana Tufek
Job Published: October 31, 2018 14:33

Job Description

A well established international bank is seeking to employ an Anti Money Laundering Officer. The AML officer shall form part of the AML team responsible for assisting the Bank in adhering to its obligations under the Directive and the Implementing Procedures as laid down by the FIAU- the Officer shall report to the Money Laundering Reporting Officer (MLRO) at the Bank.

Job duties include:

  • Conduct live and post monitoring of transactions;
  • Handle queries from correspondent banks and relevant authorities such as the FIAU/Police/Courts/AG in a timely manner;
  • Liaising with other Departments within the Bank;
  • Monitoring of existing accounts to check that due diligence is up to date and that activity on the account is in line with the customer’s KYC;
  • Prepare ML/FT risk assessment reports on prospective customers of the Bank in order to generate the appropriate risk rating;
  • Checking Due Diligence and adequate KYC of prospective customers;
  • Checking and vetting prospective customers against internal and external blacklists as well as customer acceptancy guidelines;
  • Keep up to date with relevant changes in national and international legislation on AML/CFT;
  • Investigate suspicions of money laundering and submit internal suspicion transaction reports to the MLRO when relevant;
  • General office administration such as record keeping and data inputting.

Skills and Qualifications required:

  • Previous experience in a similar position 
  • Holds a degree or diploma in a relevant field
  • Analytical and practical understanding of workflow planning
  • Fluent in spoken and written English
  • Knowledge of MS Office applications
  • Ability to work under pressure and to strict deadlines
  • Ability to work in a team as well as on own initiative
  • Meticulous and organized, attentive to detail