AML Analyst

Yapily is on a mission to enable innovative companies to create better and fairer financial services for everyone, through the power of open banking.

We are seeking an analytical mind with a minimum of 1 year of working experience in compliance/AML/operations to join our Financial Crime Compliance team as an AML Analyst. In this role, you will be responsible for assisting the team with the KYC, investigating transaction monitoring alerts, escalating suspicious activity and other day-to-day operational compliance tasks. 

As an AML Analyst, you play a vital role in promoting effective financial crime compliance within our organization, including ensuring we comply with relevant rules and regulations across Lithuania, Europe and the UK. You excel at communication and contribute to creating an environment that values compliance and understands its business implications.

Learn more: https://www.yapily.com/company/about-us

Key Tasks …

• Analyze transaction monitoring alerts promptly and thoroughly, documenting investigation findings in a timely manner.
• Identify and escalate any suspicious customer activity or transactions to the attention of the FinCrime Compliance Lead / MLRO.
• Work closely with the Financial Crime Compliance Lead / MLRO, Global Head of Compliance, Chief Compliance Officer, Product, and Engineering teams to regularly test transaction monitoring rules, ensuring their effectiveness.
• Assist in ongoing efforts to standardize, automate, and continuously improve the transaction monitoring framework and related processes.
• Conduct initial and ongoing customer due diligence reviews, including “Know Your Customer” checks as part of the company’s customer onboarding process. 
• Handle customer relationship termination processes.
• Conduct PEP, sanctions and adverse media screenings, assisting the Financial Crime Compliance Lead / MLRO in conducting risk assessments on new and current customers throughout their lifecycle.
• Support the team in implementing internal rules, standards, processes, and guidelines related to financial crime prevention and wider compliance matters.
• Supporting the company with the handling of complaints from Payment Service Users (PSUs)
• Preparation of weekly, monthly and quarterly statistics and reports for transaction monitoring and other key performance indicators.

This list is not exhaustive, and there may be other tasks that we ask you to be involved in from time to time. Above all, you are flexible and want to add value wherever you can. You understand that in a scale-up, priorities change and we all need to be adaptable. Not only will you expect to be asked to input and lead in other areas, but you’ll be comfortable being a self-starter and instigating changes yourself.