Job Level:
Senior Associate
Core Competencies:
All WAYSTONE employees are expected to demonstrate our core competencies.
The role Associate – AML COE has unique requirements and duties; however,
these responsibilities are to be executed within the organization’s
framework of core values. WAYSTONE expects all employees to be high
performing, self-motivated, learners and leaders.
Summary:
The AML Associate will support the AML Center of Excellence team in managing
Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) activities
for Waystone clients and support MLRO. This role may involve conducting
onboarding screening, due diligence reviews, daily screening outcomes,
identifying suspicious activities, and ensuring compliance with local and
international AML regulations, working on risk profiles, collecting and
analyzing data and resolving AML related queries.
Essential Duties and Responsibilities:
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Independently liaise in a timely and professional manner with the MLRO,
AML Team lead or AML CoE to complete the client review process
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Carry out AML periodic reviews, financial sanction screenings and
independent research on Waystone clients globally.
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Performing anti-money laundering checks in line with AML policies and
procedures.
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Prepare the “AML” pack for sign off by AML COE.
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Review, understand and have the ability to discuss anti-money laundering
regulations with colleagues
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Monitor and update task tracking schedule to ensure all assigned duties
are completed within assigned deadlines.
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Maintain checklists/procedures in relation to the AML process;
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Maintain and update the AML database system.
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Maintain an up-to-date knowledge of AML regulation and best practice and
uses this knowledge to promote enhancements to Waystone’s AML processes
and procedures.
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Assist colleagues when capacity permits and notifies AML Team lead with
availability.
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Follow current Waystone policies and procedures as set out in the Employee
Handbook.
Human Skills and Abilities:
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Strong analytical and investigative skills.
- Attention to detail and accuracy.
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Excellent communication and interpersonal skills.
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Proficiency in MS Office and familiarity with AML software tools.
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Willingness to work in Rotational Shifts
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Willingness to work in any department within the AML team
Governance & Risk:
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To assist with query handling, quality error analysis, identify root cause
and help with solutions to close the gaps.
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Provide periodic reports to Manager on team performance.
Education:
A Bachelor's or Master’s Degree in Business or Finance or Banking related
discipline from a reputed College/University. A CAMS (Certified Anti-Money
Laundering Specialist) certification would be an added advantage.
Experience:
5+ years of experience in AML, compliance, or a related field.
Work Timings:
EMEA business hours