AML Periodic Review £170 per day City We are seeking a detail-oriented and proactive AML Analyst to join our team. This role is responsible for conducting
periodic reviews of customer accounts and ensuring compliance with AML and regulatory requirements across Retail and Private Banking clients (individuals and corporates).
Key Responsibilities:• Perform periodic reviews of customer files based on assigned risk levels (High – annually, Medium – every 3 years, Low – every 5 years).
• Conduct and document Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) for higher-risk clients.
• Analyse client transactional activity to ensure alignment with stated account purpose and expected behaviour.
• Identify and escalate gaps in documentation, missing KYC information, and AML-related concerns.
• Perform World Check and adverse media screening, summarising findings for further review or escalation.
• Ensure customer data is accurately maintained across internal systems, coordinating updates where required.
• Support the monitoring and updating of client risk ratings in line with internal policies and regulatory guidelines.
• Maintain clear and accurate records of all reviews, including findings and actions taken.
• Prepare and report summary statistics on completed and outstanding work.
• Collaborate with internal teams to meet regulatory and internal deadlines.
• Build strong working relationships with stakeholders across the organisation.
• Escalate suspicious activity and support the submission of Suspicious Activity Reports (SARs) where appropriate.
Essential Qualifications & Experience:• AML certification (e.g., ICA, ACAMS, or equivalent).
• Proven experience conducting AML reviews (CDD/EDD) within financial services.
• Strong ability to work within structured, process-driven environments.
• Proficiency in Excel (filtering, sorting, basic formulas).
• Understanding of corporate structures (e.g., corporates, trusts, SPVs).
• Working knowledge of AML regulations and frameworks (FATF, JMLSG, FCA, MLRs).
• Proficiency in Microsoft Office applications.
Key Competencies:• Exceptional attention to detail and accuracy.
• Strong organisational and time-management skills.
• Clear and confident communication skills.
• Team-oriented, adaptable, and proactive mindset.
• Ability to manage competing priorities in a fast-paced environment.
Success Factors:• Consistent application of a risk-based approach.
• Strong analytical skills with the ability to identify irregularities and summarise findings effectively.
• Effective collaboration with internal stakeholders.
• Ability to deliver high-quality work under tight deadlines while managing high volumes.
If you are looking to grow your career in AML and compliance within a dynamic environment, we would love to hear from you.
Contact Tom asap.
