Senior AML Specialist (m/f)

Company description

Job description

• · Coordinating the acceptance of (new) client entities by collecting the KYC files from the client, analyzing the KYC information from a legal, financial, tax and regulatory point of view, preparing a client acceptance file and getting approval from management, legal, compliance and tax to start service provision.
• · Leveraging KYC information from and to advisory firms, such as a notary, tax advisor, bank and/or auditor.
• · Focus areas: analyses and mapping of client structure, monitoring and mitigating risks, complying with applicable regulations.

• · Preparation of Client Due diligence reviews
• · Collects and analyses specific compliance, antecedent and risk appetite related data as part of the client due diligence process.
• · Updates client documents and advises on onboarding across geographies, industries, and service lines.
• · Being the go-to specialist for all compliance-related questions and industry expert within the Client Team and to clients.

• (Co-)defines and proposes new/updated compliance procedures, work instructions and forms to improve efficiency and integrity of the due diligence processes.
• Draft ad-hoc reports for internal and/or regulatory purposes.

• Provides support to junior team members.

• Reviews if the request complies with relevant laws and regulations.
• Draft the AML Risk report
• Draft the AML procedures Manual
• Draft the AML agreements or minutes for the approval of the AML plan by the directors of the client entity and collect their signatures.

• Review AML transactions to perform monitoring requests of legal department.
• Review and update AML Risk report and AML procedures Manual according to new coming regulations.
• Draft training plan.
• Prepare AML training for clients annual mandatory training.
• Support in AML external audits.
• Review AML auditors reports and discuss recommendations if not accurate.
• Draft remedy plans.

• Collects and analyses specific compliance, antecedent and risk appetite related data as part of the client due diligence process.
• Check client documents on identification, source of wealth, source of funds and funds traceability, analyze and advise on clearance.
• Perform morality checks via internal/external systems on client structures (world check, Internet, newspaper, etc.) and request if required additional data from client.
• Maintain a fluent and cordial relationship with all the intermediaries (servicers) and client representatives (lawyers) among all the Due Diligence processes.
• Report to the client (fund), when necessary, any possible inconvenience or fact that can frustrate the Due Diligence process and the consequent sale of the asset.
• Report suspicious transactions. Knowledge of the F19 reporting template.

• Collecting material for the board packs.
• Attending board meeting as required
• Assisting with the preparation and production of the AML agreement for the board minutes

• Manages the workload of the team, monitors the quality and quantity of the team members
• Onboards and trains team members, gives input on performance to the Sr. Manager Accounting Service Line

Required profile

• Degree educated in Law, Business Administration, or a related field.
• Relevant (prior) professional experience in a similar role, preferably in a multi-client environment.
• Fluent in Spanish and English – any other languages will be a plus.
• Ability to communicate and provide documentation (KYC, agreements, resolutions, corporate documents, etc) to external parties (bank, auditor, tax advisor, legal representative, etc)
• Expert analytical skills; demonstrate risk and compliance awareness when supporting complex projects or making strategic decisions.
• Responds to complex business critical issues, identifying and addressing risk.
• Makes recommendations on participation in regulatory, advisory, strategic, or other bodies, organizations or panels.
• Contributes to others’ development by transferring relevant skills and knowledge.