
Financial Risk Specialist
5 days ago
Samba Bank Limited is seeking a highly skilled professional to join its team as an Anti-Money Laundering (AML) Specialist. The ideal candidate will possess a strong analytical mindset, excellent communication skills, and a thorough understanding of international and local Anti-Money Laundering regulations.
Key Responsibilities:
- Alert Investigation: Investigate significant trends or patterns through the analysis of alerts and disseminate relevant information to the appropriate department within the bank.
- Feedback and Coordination: Obtain feedback, coordinate, and follow up with the Business and Operation Team as part of the AML Alert handling procedure on transactions and activity in customer accounts as deemed necessary.
- Suspicious Transaction Monitoring: Monitor alerted customer accounts and identify & escalate suspicious transactions and activity to the Unit Head.
- Reporting and Record-Keeping: Maintain various prescribed AML Alerts MIS's and assist the Unit Head in the preparation of various AML reports.
- STR/SAR Preparation: Assist the Unit Head in the preparation of Suspicious Transaction Reports (STRs)/Suspicious Activity Reports (SARs) for further reporting to the Financial Monitoring Unit (FMU).
- Currency Transaction Reporting: Prepare reporting of Currency Transaction Reporting to the Financial Monitoring Unit through go-AML.
- AML/KYC Guidance: Provide advice on AML-CFT-KYC Policies & Procedures and AML/CFT Regulations to Business Staff as required.
- System Assessment and Improvement: Review and perform assessments of the AML system periodically, reporting system issues related to performance/alert generation/customer demographic issues to the Unit Head.
- Issue Highlighting: Highlight issues related to AML to the Unit Head.
- System Testing: Identify AML system issues and report to the supervisor. Assist in Transaction Monitoring System (TMU) upgrades/enhancements and conduct required testing for TMS stability.
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