APS.11.25 - Reviews Analyst

Job Description

JOB TITLE: Reviews Analyst

LEVEL/BAND: TC12/14

DEPARTMENT: Customer Profiling Unit - Customer Reviews

DIRECT REPORT: Customer Reviews Manager

Overall Purpose of the Position

The term Customers refers to High Risk Individuals, Corporates and Organisations.

• Be knowledgeable and well-informed of the regulatory requirements and amendments to regulations and law and FIAU guidelines.
• To carry out Periodic Reviews of Customers using the risk based approach as established in the Bank’s Policies and Procedures, Customer Acceptance Policy and Customer Due Diligence Principles. To analyse documentation collected, collate all information arising from investigations and record all findings on the Bank’s Evaluation Form and provide recommendations to the Manager for retention or termination of business relationship.

Operational Responsibilities

• To analyse transaction behaviour and correlate with the source of funds and source of wealth information and documentation collected from the customer and other sources using statistical techniques, furthermore if suspicions of ML/CF arise, then escalate and raise an STR/SAR accordingly.
• To interact with the customer directly or with the relationship manager as may be appropriate, and provide recommendations to Manager if technical competence is required.
• To ensure that the risk assessment and quality data obtained for the customer, relationships and connections are accurately updated as per the Bank’s regulatory obligations and to assure that all supporting documentation is appropriately retained.
• For corporate or organisations, verify and analyse the Memorandum and Articles or Constituting Document to list the direct and indirect Ultimate Beneficial Owners or Administrators who exercise Control, drawing the relative charts as per best practice outlined in the Customer Due Diligence Procedures.
• Actively participate in the collation of documentation, review and assessment of customers details in relation to FATCA & CRS or any other regulation that may be established to be reviewed from time to time.
• Analyse customer transactions against defined key parameters such as regularity of payments, the minimum or maximum amount and identify the business trend using statistical and other tools.
• Undertake a careful risk assessment of customers by analysing the source of funds and source of wealth, transactions and assuring that information collated from account statements and other researched sources are consistent with the Customer Due Diligence Form submitted by the customer and leads arising from research.
• Abide with the Ongoing Monitoring programme for Periodic Reviews efficiently and to ensure that reviews are completed within the set timeframe, and to carry out Trigger Reviews as assigned from time to time.

General Responsibilities

• To assist in the preparation of the training material, submission of reports, participate in testing of new projects, recommend updates to department manuals, procedures and forms in line with the regulatory framework.
• Issue reports from SAP to analyse customer data, identify anomalies in data and sharing the findings in dashboards using MS Tools such as Excel or Power BI.
• To conduct and maintain excellent working relationships with regulatory bodies, service providers and external consultants on matters linked to Compliance projects, processes and procedures.
• To demonstrate team spirit by completing standard office tasks and other duties that may be reasonably assigned from time to time.
• Champion the ongoing development of a Compliance culture within APS Bank by promoting adherence to policies, guidelines and procedures at all times.
• To perform any other duties that may be assigned to him/her from time to time.

Qualifications, Skills & Competencies

Mandatory Skills

• Excellent verbal and written communication skills.
• Accountable, Organised, Meticulous and able to handle tight deadlines.
• The ability to analyse and interpret information diligently.
• Be a team player whilst still being able to work independently.
• Excellent analytical troubleshooting and interpersonal skills.
• Be computer literate with MS products and familiar with researching on the Internet.

Experience

A minimum of one year experience in Compliance;
• Proven experience of working under pressure and to tight deadlines;
• Experience in participating in projects that involve both business and technical components;
• A demonstrated knowledge of the current local regulatory framework and EU regulations.

Qualification

• Bachelor’s Degree, MCAST Diploma or recognised AML/CFT Certification at MQF Level 5 or higher.

Position level (1 being the highest level)

1. Head of Department
2. Managerial & Specialist Positions
3. Middle Management & Specialist Positions
4. Technical & Clerical Positions