Hybrid AML Analyst

at Dinotech Ltd

• Job title: AML Analyst
• Job type: Full Time
• Experience level: Mid level, Senior
• Salary: Not specified
• Degree requirement: No Education Requirement
• Location requirements: Hybrid, San Giljan, Malta

About the role

• AML Analyst preventing financial crime for online gaming platforms. Investigating suspicious activities and ensuring compliance with AML regulations in a hybrid work setup.

Responsibilities

• Identify accounts which are classified as ‘medium risk’ and/or ‘high risk’
• Detect unusual activity which may give rise to Money Laundering and/or Terrorist Financing
• Investigate and subsequently close suspicious accounts in order to mitigate risk and protect revenue losses for the business
• Liaising and escalation of cases to the MLRO
• Regulatory and business reporting
• Working closely together with the MLRO to identify areas of improvement in the AML team and associated tools
• Working closely with the Risk, Payments and Fraud Team to streamline processes
• Investigate transactions and customer records, external data, publicly- available information, and other data to identify suspicious or unusual activity
• Reviewing and monitoring customer account registrations, deposit and withdrawal transactions
• Performing various AML checks; KYC (Know Your Customer), SoW (Source of Wealth), SoF (Source of Fund) and CRA (Customer Risk Assessment) checks
• Monitoring of customers to play responsibly
• Monitoring the site/s for suspicious transactions and/or activity
• All financial transactions must be cross-checked with our KYC and AML policy
• Monitoring any transactions which are received from banned countries/territories
• Answering third party queries regarding customers via email/chat
• Responsible for monitoring age verification and KYC/AML policy adherence
• Contribute to the development of departmental policies, products and service
• Attend and participate in regular fraud, AML and responsible gaming workshops and trainings
• Gather feedback from CS & Operations Teams for further system improvements and Product Team with prioritisation Develop and report and exceed personal KPI’s
• Productivity levels must be monitored in order to ensure that the set KPI’s are reached
• Produce regular departmental productivity report
• Initial Source of Wealth Requests, including record keeping of sent requests
• Appropriate noting player's accounts, including the documentation requested
• Ensure that all internal databases are kept up to date correctly
• Compile risk assessments based on the data of your findings
• Conduct Customer Risk Assessment for Deactivated Accounts
• Draft Suspicious Transaction/Activity Reports and escalate them directly to the MLRO when necessary
• Stay up to date with the AML/CFT and Gaming Laws and Regulations
• Act as the first point of contact for AML related inquiries for internal teams, such as Risk, Payments & Fraud, Marketing and Customer Support teams
• Review and process Source of Wealth documentation provided by the customer
• Communicate to players via email to request any information and/or required documentation
• Deal with escalations and/or prioritisation of cases raised by management
• Help and assist with training new starters

Requirements

• Previous experience in an AML analyst role within the iGaming industry or a similar regulated industry
• Strong knowledge of AML regulations, guidelines, and best practices, including familiarity with KYC procedures
• Proficiency in using AML screening tools, transaction monitoring systems, and other relevant software applications
• Excellent analytical skills with the ability to identify patterns, anomalies, and suspicious activities
• Detail-oriented mindset and ability to manage multiple investigations simultaneously
• Strong written and verbal communication skills, with the ability to present findings and recommendations effectively

Benefits

• Health Insurance & Fitness Benefit
• Weekly Team meals
• Team-building events and parties
• Learning & Development opportunities
• A great working environment