AML Risk & Compliance Consultant

Role Overview

We are looking for an experienced AML Specialist to assess the anti-money laundering and compliance practices of regulated financial institutions and high-risk businesses. The role involves conducting onsite assessments, evaluating client risk exposure, and reviewing the effectiveness of AML controls against applicable regulatory standards and internal risk requirements.

Key Responsibilities

• Assess clients’ AML policies, procedures and compliance frameworks to identify control gaps and areas for improvement.
• Coordinate with relationship managers and internal stakeholders to prepare for and conduct onsite client reviews.
• Apply knowledge of relevant AML regulations across different jurisdictions to evaluate client compliance and risk exposure.
• Work with Transaction Monitoring teams to assess payment flows, understand fund movements and identify potential financial crime risks.
• Evaluate correspondent banking arrangements, payment solutions and associated risk mitigation measures.
• Prepare comprehensive onsite assessment reports, documenting findings and recommendations within agreed timelines.
• Communicate assessment outcomes and present key findings to senior management and onboarding committees.
• Provide constructive feedback to clients on identified gaps and recommended improvements, where applicable.

Requirements

• At least 4 years of relevant experience conducting onsite AML reviews or AML audits involving regulated financial institutions and high-risk businesses.
• Strong knowledge of AML regulations, compliance frameworks, financial crime risks and control requirements.
• Experience assessing payment flows, correspondent banking arrangements and associated risk mitigation measures.
• Ability to critically evaluate AML policies and procedures, identify weaknesses, and develop practical recommendations.
• Strong analytical, problem-solving and critical-thinking skills.
• Advanced proficiency in Microsoft Excel and PowerPoint.
• Excellent communication and stakeholder management skills, with the ability to engage effectively with clients and senior stakeholders.
• A proactive, organised and adaptable approach, with the ability to work independently and collaboratively in a fast-paced environment.