Quality Assurance Analyst

Our client is seeking a Quality Assurance Analyst to maintain the Anti-Money Laundering and Combatting Financing of Terror (AML / CFT) Quality Assurance framework. This role involves conducting end-to-end quality assurance reviews across Money Laundering Surveillance processes, contributing to mitigating operational losses, fines, penalties, or reputational damage to the organisation. The position is based in the Isle of Man and is full-time.

• Define and uphold the AML / CFT Quality Assurance framework, addressing money laundering and terrorist financing trends.
• Conduct periodic and ad-hoc reviews related to systems, processes, and data, including rule tuning, systems verification, transaction monitoring, and quality assurance reviews.
• Manage and monitor the implementation of improvements and remedial actions stemming from quality assurance findings.
• Execute client-facing activities, both internal and external, adhering to agreed policies, procedures, and service level agreements.
• Gather appropriate information from various sources to enable thorough analytics.
• Escalate high-risk, complex, and significant issues to the line manager promptly.

• Minimum qualification of a diploma in Risk Management.
• 3-4 years of experience in Compliance, specifically in Group Anti Financial Crime.
• Knowledge in analysing money laundering and terrorist financing indicators and trends.
• Familiarity with bank processes, products, and systems.
• Proven experience in quality assurance or audit, including conducting qualitative assessments of peer or subordinate work.
• Experience in oversight roles related to AML / CFT analytics.
• Familiarity with Anti-Fraud, Bribery, Market Abuse, Money Laundering, and CFT Surveillance, Analytics, and Investigation.

In this role, you will contribute significantly to the quality assurance framework while engaging with various stakeholders. You will have the opportunity to develop your expertise in compliance and risk management, ensuring that the organization's processes adhere to relevant legislation and standards.