Job Title: AML Analyst
Job Type: Full-time
Location: Lagos
About Piggytech Global Limited:
Piggytech is on a mission to give everyone the power to better manage and grow their own finances. We are committed to providing employees with a progressive and open-minded work environment. Our workplace is diverse, and we model this after our culture of openness and collaboration.
Job Summary:
As an AML Analyst, you will monitor and analyze financial transactions to ensure compliance with Anti-Money Laundering (AML), Counter-Terrorist Financing (CTF), and Sanctions regulations. This role involves monitoring transactions, conducting investigations, and ensuring the implementation of effective Know Your Customer (KYC) and Customer Due Diligence (CDD) processes.
Responsibilities:
- Conduct Investigations: Conduct end-to-end investigations of unusual customer activity using a risk-based approach to identify, mitigate, and escalate risks related to suspected money laundering, terrorist financing, proliferating financing, or other concerns such as sanctions violations and corruption.
- Transaction Monitoring: Conduct transaction monitoring to assess potential suspicious transactions on customers’ accounts and report any suspicious transactions or activities in an efficient and timely manner.
- Alerts and Flags: Review alerts and flags generated from the transaction monitoring tools and make recommendations to the Senior Compliance Officer.
- AML Compliance Training: Assist with anti-money laundering compliance training for employees and promote a culture of compliance and awareness across the company.
- KYC & CDD Compliance: Ensure all new and existing customers meet KYC and CDD requirements in line with regulatory guidelines.
- Regulatory Compliance & Reporting: Assist in preparing AML/CTF regulatory reports and liaise with relevant authorities, as needed. Also, maintain up-to-date knowledge of Nigerian and International AML/CTF regulations and contribute to developing effective risk mitigation strategies.
- Team Collaboration: Collaborate with internal teams to enhance AML policies and procedures and improve the rules used for transaction monitoring based on current typologies or emerging trends.
- NIG SAC List: Keep to date with the Nigeria Sanctions Committee (NIG SAC) sanction list and advisories.
Requirements:
- 2-4 years working years in a similar role.
- Bachelor’s degree in Law, Business Management, Finance, or a related field.
- Proficient in the use of transaction monitoring systems and case management tools.
- Excellent communication and interpersonal skills.
- Strong analytical and problem-solving skills.
- Detail-oriented with a focus on accuracy and thoroughness.
- Ability to work independently and collaboratively within a team.
- Professional certification such as CAMS, ICA, or equivalent is an advantage.
How to Apply:
Interested and qualified candidates should Click on ‘Apply now’ below.
