AML Analyst

About MiFinity:
MiFinity is a dynamic, licensed, and regulated fintech leader offering cost-effective, end-to-end payment solutions for businesses, merchants, and consumers. With over 20 years of experience in online payments, we have built a highly secure technology platform and a growing global network of financial and banking partners. Our core service, the MiFinity eWallet, enables seamless money transfers worldwide through our extensive bank network and local payment options. As we continue to expand across multiple global verticals, we foster a collaborative, inclusive work environment while maintaining a start-up culture that values flexibility, autonomy, and innovation across all of our offices in Dublin, Malta, and Belfast.

About the role:

As an AML Analyst, you will be responsible for identifying, monitoring, and analyzing suspicious financial transactions to ensure compliance with anti-money laundering regulations and policies. You will work closely with the Compliance and Risk Management teams to detect and prevent money laundering activities, safeguard the organization, and mitigate financial crime risks.

Key Responsibilities:

1. Transaction Monitoring:
   Review and analyze transaction data to identify potentially suspicious activity using AML software. Investigate alerts raised by automated systems and assess whether further action is required.
2. Suspicious Transaction Reporting:
   Prepare Suspicious Transaction Reports (STRs) when necessary, documenting suspicious transactions and activities. Work with internal teams to escalate suspicious transactions to senior management and regulatory authorities.
3. Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD):
   Conduct CDD and EDD on new and existing customers to ensure compliance with KYC (Know Your Customer) regulations. Review customer profiles and transaction histories for high-risk individuals or entities.
4. Record-Keeping:
   Maintain accurate records of investigations, findings, and actions taken.
5. Collaboration:
   Collaborate with cross-functional teams, such as Fraud and Compliance, to address potential risks and compliance issues. Provide support to senior compliance officers in managing risk assessments and audits.

Qualifications:

Experience:
At least 1-3 years of experience in an AML/Fraud, compliance, or financial crime role. Experience with AML software, transaction monitoring, and regulatory reporting.

Knowledge:
Strong understanding of AML regulations, KYC procedures, and financial crime prevention. Stay up-to-date with changes in AML regulations and industry trends to maintain compliance.

Skills:
Strong analytical and investigative skills with attention to detail. Ability to handle sensitive and confidential information with discretion. Proficient in Microsoft Office (EXCEL) and AML-related software tools. Excellent communication and writing skills for preparing reports and liaising with management.