Account Review Officer – Job No. 5493

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Introduction

An excellent opportunity has arisen for an Account Review Officer to join the AML department of an established financial services company. This is the ideal opportunity for candidates who wish to develop a career in compliance.

Organization

Our client is an established bank specialising in highly personalised banking and innovative investment solutions backed by experience, competence and robust support services.

Function

Duties include:

  • Communicate with clients via email, by phone or in person, as deemed necessary
  • Distinguish active from inactive accounts
  • Monitor all transactions on the accounts
  • Understand the nature of business according to the feedback received by the client
  • Determine whether the transactions executed on an account are in line with the business of the company
  • Communicate and explain decisions taken by the management
  • Provide guidelines in relation to due diligence and supporting documents to update client’s file
  • Review due diligence documents and decide whether they are in line with bank’s policies
  • Prepare an overview write up for the conducted review
  • Familiarize with the regulatory requirements and internal systems
  • Take all necessary measures to mitigate risk at all time and inform your superiors when a possibility for risk is identified
  • Provide answers to different questions and queries from clients and from different departments within the Bank
  • Complete files to be reviewed according to the bank’s policies
  • Keep records of all completed and reviewed files
  • Assist in drafting a list of accounts to be closed, specifying the reasons for the closure
  • Inform clients about the closure of an account
  • Liaise with various departments to instruct and explain the closure of an account
  • Provide guidance to clients with respect to closure procedures

Requirements

  • Holding a Certificate or diploma in AML/CFT or a banking and finance qualification is considered an asset
  • Knowledge of AML/CFT obligations, laws, regulations and directives is required
  • Knowledge of the FIAU Implementing Procedures
  • Preferably 1 year relevant experience
  • ECDL certification
  • Capable of building productive relationships with colleagues
  • Ability to research and analyze, with attention to detail
  • Excellent command of English, both oral and written

Offer

An attractive remuneration package will be offered to the right candidate.

Your Consultant

Francesca Buhagiar
Recruitment Consultant

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