AML Compliance Analyst (Anti-Money Laundering)

JOB TITLE: AML Analyst

CONT/PERM: Contractor

RATE: Competitive

BUSINESS DEPARTMENT: Anti-Money Laundering & Customer Due Diligence

LOCATION: London - Canary Wharf

Bank of America Merrill Lynch are currently recruiting for an AML Analyst to join our Anti-Money Laundering & Customer Due Diligence Team based in our Canary Wharf Office.

Job Description and Responsibilities:

* As an individual contributor, identify and incorporate any developments with Anti-Money Laundering ("AML") Customer Due Diligence ("CDD") requirements for the countries in which the Bank operates
* Provide timely, accurate, and actionable advice and counsel to all lines of business (Global Banking and Markets, inclusive of Corporate Banking) in EMEA based on each country's local CDD requirements and the company's internal program requirements.
* Review incoming client files (on-boarding, refresh, escalations) for AML and CDD suitability in order to make recommendations for approval, decline and/or closure
* Identify opportunities for improvement to strengthen CDD Compliance strategy and lead implementation of tactical & strategic enhancement efforts
* Prepare reports for management covering CDD matters
* Lead and conduct training on CDD requirements to various lines of business and enterprise counterparts.
* Perform monitoring and testing exercises of line of business CDD processes
* Liaise with internal audit and external regulators on CDD matters, as they arise

Required Skills: (must have these skills to be 'minimally' qualified for role)

* Degree educated or higher
* Knowledge of AML laws and regulations for the U.S.
* Minimum 2 years of AML experience in the government, a financial institution, or law firm
* Strong organizational skills to handle a wide range of AML CDD issues
* Excellent research and writing skills
* Extremely detail-oriented to ensure quality and accurate work product
* Proven ability to work in a highly independent manner in a fast-paced environment with minimal day-to-day direction or supervision
* Highly analytical thinking, with experience in legal and/or regulatory analysis
* Strong communication skills and ability to interact with lines of business and regulators at all levels of seniority
* Demonstrated talent for identifying opportunities to improve workflow processes.

Desired Skills:

* Knowledge of and experience with other financial crimes compliance laws and regulations (ie economic sanctions, anti-bribery and anti-corruption)
* Proficiency with MS Office programs and ability to quickly learn proprietary technology applications

Hy-phen Limited is acting as an Employment Business in relation to this vacancy.

The Adecco Group UK & Ireland is an Equal Opportunities Employer.