AML and Periodic Refresh, Analyst

About this role

Job Overview: We are seeking a detail-oriented AML and Periodic Refresh Analyst/ to join our team. The successful candidate will be responsible for ensuring the organization's adherence to AML regulations and conducting periodic reviews of customer accounts. This role involves monitoring and analyzing transactions, identifying suspicious activities, and ensuring that customer data is up to date in compliance with regulatory requirements.

Key Responsibilities

AML Compliance:

• Monitor customer transactions to identify and report suspicious activities in accordance with AML regulations. –

  
  

• Conduct thorough investigations into potentially suspicious activities and prepare Suspicious Activity Reports (SARs) for submission to regulatory authorities.

  
  

• Ensure the organization’s AML policies and procedures are current and compliant with relevant laws and regulations.

  
  

• Assist in the development and delivery of AML training programs for staff.

  
  

Periodic Refresh:

• Conduct periodic reviews and refreshes of customer profiles to ensure information is accurate and up-to-date.

  
  

• Evaluate customer risk levels and update customer risk assessments as needed.

  
  

• Collaborate with other departments to ensure customer data accuracy and integrity.

  
  

• Manage customer outreach programs to collect necessary documentation and information updates.

  
  

Reporting and Documentation:

• Prepare and maintain detailed reports of AML activities and customer refreshes.

  
  

• Ensure proper documentation of investigations, findings, and actions taken.

  
  

• Maintain an organized and up-to-date filing system for AML-related documentation.

  
  

Regulatory Liaison:

• Serve as a point of contact for regulatory examinations and audits related to AML and customer due diligence.

  
  

• Assist in responding to regulatory inquiries and requests for information.

  
  

Qualifications:

• Education: Bachelor’s degree in Finance/ Business, Law, or a related field / MBA

  
  

• Certification in AML will be an added advantage  

  
  

Experience: 3-5 years of experience in AML compliance, KYC, or a related field within the financial services industry. - Experience conducting customer due diligence (CDD) and enhanced due diligence (EDD). - Familiarity with local and international AML regulations and standards.

Skills:

• Strong analytical and investigative skills with attention to detail.

  
  

• Excellent written and verbal communication skills. - Proficient in using AML software and tools.

  
  

• Ability to work independently and manage multiple priorities in a fast-paced environment.

  
  

• Strong interpersonal skills and ability to collaborate effectively with other departments.

  
  

Our benefits
To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.

Our hybrid work model

BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.

About BlackRock

At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being.  Our clients, and the people they serve, are saving for retirement, paying for their children’s educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.

This mission would not be possible without our smartest investment – the one we make in our employees. It’s why we’re dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.

For additional information on BlackRock, please visit @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

BlackRock is proud to be an Equal Opportunity Employer.  We evaluate qualified applicants without regard to age, disability, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.