AML Consultant

Risk Assessment & Compliance Frameworks:

• Develop and implement Enterprise-Wide Risk Assessments (EWRA) tailored to the client's industry and risk profile.
• Design AML/CFT policies and procedures that align with applicable laws and regulations.
• Conduct periodic assessments of clients' compliance programmes to identify gaps and suggest improvements.

Customer Due Diligence (CDD) & Enhanced Due Diligence (EDD):

• Guide clients on Know Your Customer (KYC) processes, including CDD and EDD, to ensure compliance with regulatory standards.
• Assist in onboarding high-risk customers, including Politically Exposed Persons (PEPs), and recommend suitable risk mitigation strategies.

Sanctions Screening & Monitoring:

• Advise on sanctions screening tools and conduct screening reviews to prevent business with sanctioned entities or individuals.
• Implement and maintain effective transaction monitoring systems, ensuring suspicious activities are identified and escalated promptly.

Training & Awareness:

• Develop and deliver AML/CFT training sessions for client teams to enhance understanding and compliance culture.
• Stay up-to-date on regulatory developments and provide insights to clients on emerging AML/CFT trends.

Regulatory Reporting:

• Assist clients in filing necessary reports to regulatory bodies, including Suspicious Transaction Reports (STRs) and other AML/CFT reporting requirements.
• Ensure timely submission of reports and maintain accurate records for audit and review purposes.

Advisory & Consultation:

• Serve as a subject matter expert (SME) on AML/CFT regulations, providing tailored advice to clients on regulatory requirements.
• Support clients in addressing regulatory queries and remediating audit findings related to AML/CFT compliance.

Ongoing Monitoring & Support:

• Establish systems for ongoing monitoring of client transactions and activities.
• Provide ongoing support to clients to address emerging risks, regulatory changes, and compliance updates.

• Develop and implement Enterprise-Wide Risk Assessments (EWRA) tailored to the client's industry and risk profile.
• Design AML/CFT policies and procedures that align with applicable laws and regulations.
• Conduct periodic assessments of clients' compliance programmes to identify gaps and suggest improvements.
• Guide clients on Know Your Customer (KYC) processes, including CDD and EDD, to ensure compliance with regulatory standards.
• Assist in onboarding high-risk customers, including Politically Exposed Persons (PEPs), and recommend suitable risk mitigation strategies.
• Advise on sanctions screening tools and conduct screening reviews to prevent business with sanctioned entities or individuals.
• Implement and maintain effective transaction monitoring systems, ensuring suspicious activities are identified and escalated promptly.
• Develop and deliver AML/CFT training sessions for client teams to enhance understanding and compliance culture.
• Stay up-to-date on regulatory developments and provide insights to clients on emerging AML/CFT trends.
• Assist clients in filing necessary reports to regulatory bodies, including Suspicious Transaction Reports (STRs) and other AML/CFT reporting requirements.
• Ensure timely submission of reports and maintain accurate records for audit and review purposes.
• Serve as a subject matter expert (SME) on AML/CFT regulations, providing tailored advice to clients on regulatory requirements.
• Support clients in addressing regulatory queries and remediating audit findings related to AML/CFT compliance.
• Establish systems for ongoing monitoring of client transactions and activities.
• Provide ongoing support to clients to address emerging risks, regulatory changes, and compliance updates.