AML Transactions Monitoring E2E Review Consultant

AML Transactions Monitoring E2E Review Consultant – Banking Client – Brussels

Duration: 6- 12months contract

Hybrid Working: You wil need to be onsite in Brussels for Team meetings and Workshops

Job Description

We are seeking a result-oriented and analytically minded Anti-Money Laundering Transaction Monitoring/ Profiling owner to join our team.

The ideal candidate for this role will have a strong understanding of fit-for-purpose and effective measures to detect clients’ unsual or suspicious transactions, steering the development and maintenance of such measures.

The candidate should be versed in good practices in anti-money laundering techniques. It will involve cooperating with IT, compliance (e.g. the AMLCO/MLRO), first line resources and analysts to make sure the measures, once implemented, will comply with regulatory requirements and sufficiently mitigate risk exposure.

Tasks:

– Review the current transaction monitoring/profiling scenarios and assess their relevance vs. regulatory standards and the clients own risk exposure and policies (e.g. Profiling Manual)
– Define a plan to cover both short and longer term improvements based on the previously mentioned assessment
– Steer the development of additional measures (aka scenarios or rules) either in Norkom or using bespoke queries (SQL or others)
– Develop appropriate monitoring tools to oversee the effectiveness of the developed monitoring measures
– Develop appropriate reports and insights to assess clients’ activities

Technical skills:
– Knowledge of EU and international good practices in the field of AML Transaction Monitoring/ Profiling
– Proven experience in developing and maintaining or reviewing e2e such an AML Transaction Monitoring/ Profiling framework for another financial institution in the B2B space
– Recommended is a knowledge of the post-trade environment, CSD business in particular
– Knowledge of NetReveal tool functioning
– Coordination skills, with the ability to build a virtual team of colleagues to reach a unique objective

Soft skills:
– Excellent oral and written communication skills at both technical and business levels.
– Exceptional problem-solving abilities, can-do attitude, creativity, and persistence in understanding and solving business challenges.
– You are able to work independently but are also able to socialize and interact with colleagues, whether on the business or IT side
– Structured and ability to run and structure a project and to report transparently about it to Management and other stakeholders