AML Associate

Role Overview & Responsibilities

We at Petro Atlantic provide support for Clients all over the world. We work closely with them to provide tailored solutions to match their requirements. The main areas covered are Merchant Services, Compliance & AML Support and Cash Collections & Processing Services.

You will be responsible for protecting Petro Atlantic from financial and reputational losses incurred by financial crimes by assessing, controlling and mitigating risks. Your daily task will include a variety of AML related tasks:

Your key responsibilities

• Reviewing clients to assess financial crime risks applying a risk based approach
• Reviewing and completing AML and Name List Screening escalations in relation to High Risk customers
• Reviewing High Risk customers with special risk factors in accordance with local regulations and partner onboarding controls.
• Seeking additional information from the business and other infrastructure functions regarding concerns identified through negative news media
• Conduct KYC and EDD screening on Clients and counter parties
• Keep up-to-date records on Petro Atlantic CRM
• Provide AML and Compliance Support to sales, post sales and transaction team

Your skills and experience

• Strong analytical skills and attention to detail
• Good general AML knowledge with proven experience working in the financial services industry, preferably within Crypto or MSB environment
• In-depth understanding of the United Kingdom regulatory environment/policies/legal framework as they relate to AML, Sanctions and PEPs
• An understanding of financial crime risks
• An understanding of High Risk entity structures and organization

Job Type: Full-time

Salary: £48,000.00-£55,000.00 per year

Benefits:

• Flexitime
• Work from home

Schedule:

• Flexitime
• Monday to Friday

Supplemental pay types:

• Bonus scheme

Ability to commute/relocate:

• London: reliably commute or plan to relocate before starting work (required)

Education:

• Bachelor's (preferred)

Work Location: Hybrid remote in London

Reference ID: PA11012