About the Role:
Our client, a financial services firm in Edinburgh, is seeking a highly motivated and detail-oriented Junior AML/KYC Analyst to join a growing Compliance team. In this role, you will play a crucial part in ensuring the firm's compliance with Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations. You will work closely with colleagues across departments to conduct customer due diligence, identify and mitigate risks, and contribute to the overall effectiveness of the firm's AML/KYC program.
Key Responsibilities:
* Conduct customer due diligence (CDD) reviews, including:
* Company and individual background checks
* Beneficial ownership identification and verification
* Politically Exposed Persons (PEP) screening
* Adverse media screening
* Customer risk assessments
* Monitor customer activities for suspicious transactions and report any concerns to the AML/KYC Manager.
* Maintain accurate and up-to-date customer records in the firm's compliance systems.
* Assist in the development and maintenance of AML/KYC policies and procedures.
* Prepare and file regulatory reports as required.
* Conduct ongoing monitoring and surveillance of customer activity.
* Participate in internal and external AML/KYC training programs.
* Assist in investigations and inquiries related to AML/KYC matters.
* Maintain a strong understanding of relevant AML/KYC regulations and best practices.
Qualifications:
* Bachelor's degree in Finance, Economics, Law, or a related field.
* 0-2 years of experience in AML/KYC, compliance, or a related field (preferred, but not required).
* Strong analytical and problem-solving skills.
* Excellent attention to detail and accuracy.
* Ability to work independently and as part of a team.
* Strong communication and interpersonal skills.
* Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint).