AML Financial Intelligence Unit (FIU) Analyst

AML Financial Intelligence Unit (FIU) Analyst

Key Responsibilities

• Operate as part of a team of AML professionals conducting ongoing surveillance and investigations on client activities, where applicable, supporting management with filing reports with local law enforcement and regulators.
• Become proficient with the firm’s case management tool, IBKR360, to ensure that all monitoring and reporting activities are effectively documented in compliance with internal standards and regulatory expectations.
• Execute a review of client profile and activity history to determine whether there is a reasonable and appropriate rationale for the identified transaction(s)
• Document concise and consistent risk-based rationale for alert/investigation conclusions in line with internal and regulatory requirements.
• Perform work within the established timeframes and meet standards for Quality Assurance and Key Performance Indicator benchmarks
• Assist in responding to queries/addressing escalations received from the 1LOD; and,
• Assists in the development and implementation of work paper templates, documentation standards, and processes for knowledge sharing across regional teams
• Where required, assist management in responding to external requests for information from FIU activities and other ad-hoc obligations (e.g., collate MI Dashboards, support completion of program assessments and process enhancements, etc.)
• Communicating and working closely with regional surveillance partners and business stakeholders to enable the effective exchange of information needed to facilitate a consistent risk-based approach across IBKR’s multiple markets and operating entities
• Provide ongoing support to the in developing policies and procedures, executing Quality Assurance, facilitating escalations and feedback-loop

Qualifications And Experience

• Bachelor’s degree in law, business, finance, or accounting preferred or Certified Anti-Money Laundering Specialist (CAMS) or similar Compliance diploma or accreditation
• At least 2+ years’ experience in transaction monitoring for financial crimes, in particular with regard to domestic and international payment activities, preferably gained at a large broker or other financial institution with a European client base or an EU regulator
• Experience identifying red flags/typologies associated with financial crimes; experience using SQL (or similar) to query relevant activity is advantageous.
• Good knowledge of local regulations and European Directives in connection with documenting risk-based decisions and conclusions regarding potentially suspicious activity
• Proven analytical skills, with strong attention to detail and direct experience escalating high-risk issues to management
• Excellent oral and written communication skills
• Self-motivated with the ability to work in a small team as well as independently

#LI-RB1