KYC/AML Specialist

AML Specialist
Vilnius, Lithuania
Full-time; work from home
Company Description: Electronic Money Institution

Job Description

You will be responsible for conducting AML and Know Your Customer (KYC) reviews, investigations, and continuous onboarding and transaction monitoring referrals.
You must understand AML, KYC with the ability to apply the experience/knowledge of the regulatory concepts in the day-to-day job functions under minor supervision.
You will be responsible for collecting and analyzing documents related to account opening requirements to identify control persons and underlying beneficial owners of potential legal entity customers; exceptional research initiations and using risk platform tools and internal company systems and databases for investigative purposes with the ability to review high risk client activity and identify and report unusual patterns.

Job Responsibilities include:

• As the representative of the KYC department responsible for collecting the data for opening, amending, reviewing, and exiting clients according to established policies and procedures.
  
• Client’s transactions review to detect and report either proposed or completed unusual transactions and report it.
  
• Assist in the administration and review of Client Risk Scoring, Client Identification and KYC documentation oversight requirements.
  
• Assist in KYC periodical reviews and refresh of current Client population as needed.
  
• Investigation of suspicious transactions for potential illegal activity. Escalate high risk issues identified to Management.
  
• Participation in performing KYC/CDD/EDD on new customers and during periodic account reviews. Work with related parties to resolve account opening issues, obtain necessary information during investigations and perform on going reviews of the KYC/customer. Follow up and track all documents required to satisfy new account requirements.
  
• Assist Management with inquiries from customers, business partners, internal and external auditors by providing information in a timely manner.
  
• Ensure that information obtained is consistent with Policies and Procedures as well in line with the regulatory requirements.

Job Requirements include:

• Experience working in financial AML and KYC departments.
  
• Excellent written and verbal communication skills in English and Lithuanian.
  
• Ability to work in a team as well as individually.
  
• Analytical and investigative skills.
  
• Punctuality, diligence, and accountability.
  
• Knowledge in the AML/KYC legislation, AML laws and requirements and reporting would be considered as an advantage.
  
• Certified Anti-Money Laundering Specialist (CAMS) Certification would be a strong advantage.
  
• Previous knowledge in conducting transaction monitoring reviews, deep investigations, and reporting suspicious activity related to money laundering and terrorist financing (SAR filings) would be an advantage.

2200-3200 €/mon. gross