AML Compliance Analyst

This is a fully remote position, open to applicants in Philippines.

📋 Description

• Assist in our response to the reforms of Australia's Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) Tranche 2.

• Evaluate and provide guidance on Know Your Customer (KYC) and Customer Due Diligence (CDD) processes related to conveyancing transactions.

• Recognize and analyze money laundering, terrorism financing, and fraud risks that are specific to the conveyancing sector.

• Support the formulation and implementation of risk-based strategies for client onboarding and continuous monitoring.

• Aid in the compilation and assessment of suspicious matter reports (SMRs) and threshold transaction reports (TTRs) as needed.

• Utilize expertise in fraud detection to pinpoint red flags pertinent to property transactions.

• Execute transactional monitoring and review alerts following established escalation procedures.

• Work collaboratively with stakeholders to examine potential AML/CTF violations or suspicious activities.

• Coordinate with conveyancers, legal professionals, and other designated service providers to enhance compliance readiness.

• Develop management reports and compliance dashboards for senior leadership and board committees.

• Engage in industry working groups and foster relationships with AUSTRAC and other regulatory authorities as necessary.

• Support internal audits and regulatory reviews, including the preparation of responses and evidence documentation.

⛳️ Requirements

• A Bachelor’s Degree (2:1 or higher preferred) or relevant professional experience is required.

• Comprehensive understanding of Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) regulations, along with the financial crime risks associated with various legal services.

• Experience in AML, Know Your Customer (KYC), and Due Diligence monitoring, including familiarity with relevant processes and systems.

• Strong capability to efficiently manage processes while ensuring accuracy and attention to detail.

• A recognized AML or Compliance certification is preferred but not mandatory.

• Excellent communication and stakeholder management abilities.

• Highly organized with the capacity to work effectively under pressure and adhere to deadlines.

• Able to offer suggestions for process enhancements and adapt swiftly to procedural changes.

• Positive demeanor with a solution-oriented approach in all work-related tasks.

• Proficient in Microsoft Office and other productivity software.

• Capable of working independently and collaborating with other departments as required.

🏝️ Benefits

• Employees have the option to work remotely.

• WORK-FROM-HOME SETUP (may necessitate a small amount of onsite training).