AML-FT Analyst (Focus on Data)

What You'll Be Doing

• AML Rules and Regulations Oversight: Continuously update and improve AML protocols related to product offerings and customer interactions, including Know Your Customer (KYC), Know Your Employee (KYE), and Know Your Supplier (KYS) processes.
• AML Monitoring and Rule Development: Focus intensively on AML monitoring to identify and analyze patterns of financial crime and suspicious activities using advanced anomaly detection techniques. Participate in comprehensive studies to craft and refine new AML rules, enhancing the effectiveness of our control mechanisms and procedural frameworks.
• AML Monitoring Execution: Execute thorough AML monitoring by analyzing transaction histories, understanding client relationships, and scrutinizing business characteristics to detect and report suspicious activities. Ensure compliance by promptly identifying and documenting potential risks and reporting these findings to COAF for further investigation.
• Risk Assessment and Compliance Strategy: Act as a business partner to assist in launching new products, ensuring they comply with relevant laws and are protected against misuse for illegal activities.
• Data Analysis and Strategy Development: Lead cross-functional teams in extracting and analyzing extensive data sets. Propose and implement new strategies to enhance decision-making and operational efficiency.
• Documentation and Training: Manage and update all documentation pertaining to the anti-money laundering program. Provide mentorship and training to team members to ensure high standards of compliance and analysis are maintained.

What You Need To Succeed

• Proven Data Analysis Skills: Strong experience in managing and analyzing large volumes of data from diverse sources. Familiarity with SQL and Python is highly valued.
• AML Expertise: Solid background in AML/CTF operations, with specific experience in Monitoring, KYC/CDD, KYE, and KYP practices within the fintech sector or related industries.
• Communication Skills: Fluent in English with exceptional written and verbal communication skills.
• Problem-Solving: Excellent analytical and problem-solving abilities, attentive to detail and the capacity to work under pressure.
• Fundamental understanding of prompt engineering: showcasing an ability to effectively interact with and utilize AI technologies.

Nice-to-Have

• US Compliance Knowledge: Familiarity with US compliance standards and AML regulations.
• Data-Driven Analysis: Work with data collection, information management, and the development of dashboards using Looker. Experience with other platforms such as Power BI, Tableau, and Metabase is a plus.
• Global and Local Regulatory Expertise: Strong understanding of both local and global regulatory requirements, including Registration, Know Your Customer (KYC), and Anti-Money Laundering/Counter-Terrorism Financing (AML/CTF) protocols.
• Automation and Optimization: Utilize appropriate tools and scripts to automate processes and optimize routines within the AML/CFT department.
• AI-Enhanced Solutions: Utilize AI tools such as ChatGPT and machine learning algorithms to streamline data analysis and decision-making in the AML/CTF department.