Anti-Money Laundering Transaction Monitoring/Profiling owner

Brussels  ‐ Onsite
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Keywords

Business Transaction Management Anti Money Laundering Profiling Risk Analysis Financial Institution Maintenance Regulatory Requirements SQL Databases Virtual Team Technical Acumen

Description

Job Description

We are seeking a result-oriented and analytically minded Anti-Money Laundering Transaction Monitoring/Profiling owner to join our team. The ideal candidate for this role will have a strong understanding of fit-for-purpose and effective measures to detect clients' unsual or suspicious transactions, steering the development and maintenance of such measures. The candidate should be versed in good practices in anti-money laundering techniques. It will involve cooperating with IT, compliance (eg the AMLCO/MLRO), first line resources and analysts to make sure the measures, once implemented, will comply with regulatory requirements and sufficiently mitigate the company's risk exposure.

Required Technical skills :
- Knowledge of EU and international good practices in the field of AML Transaction Monitoring/Profiling
- Proven experience in developing and maintaining or reviewing e2e such an AML Transaction Monitoring/Profiling framework for another financial institution in the B2B space
- Recommended is a knowledge of the post-trade environment, CSD business in particular
- Knowledge of NetReveal tool functioning
- Coordination skills, with the ability to build a virtual team of colleagues to reach a unique objective

Your Tasks :

- Review the current transaction monitoring/profiling scenarios and assess their relevance vs. regulatory standards and the company's own risk exposure and policies (eg Profiling Manual)
- Define a plan to cover both short and longer term improvements based on the previously mentioned assessment
- Steer the development of additional measures (aka scenarios or rules) either in Norkom or using bespoke queries (SQL or others)
- Develop appropriate monitoring tools to oversee the effectiveness of the developed monitoring measures
- Develop appropriate reports and insights to assess clients' activities

Start date
ASAP
Duration
6 months
From
Base 3
Published at
02.08.2024
Project ID:
2781133
Contract type
Freelance
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