Job Descriptions

This role is being offered on a Permanent basis.

• Are you interested in furthering your Career in Anti – Money Laundering (AML)
• Do you have a strong passion for identifying, managing & mitigating AML/CFT risk?
• Are you comfortable with internal and external customer engagement?

About the Role:

The Financial Crime team sits within the First Line of Defence against money laundering, fraud, and terrorist financing. Our purpose is to protect our customers and society from organised crime, terrorism, trafficking, and other criminal activities, through our commitment to the prevention and detection of financial crime.

Our primary focus is to support business areas in managing their financial crime risks and obligations in line with AIB Policy & Standards. We provide practical support and advice on financial crime related issues, directly to business areas and we are responsible for working with them to manage these risks throughout the customer lifecycle.

Bank AML Team is within Financial Crime Team, it provides Anti-Money Laundering/Know Your Customer Risk Assessment of all Correspondent Banking counterparts & Wholesale Banking relationships for the Bank. This is a first line of defence function dedicated to supporting the Bank in meeting its current and evolving regulatory requirements. This role involves working in a team to ensure delivery of our busy work agenda and is multi-faceted in nature.

Key Responsibilities Include:

• Working in a team, responsible for management of AML/CTF potential risks associated with portfolio of banks. This will involve writing detailed risk assessment applications for such counterparties to support and recommend maintenance of existing relationship (on-going due diligence) and also risk assessment of on-boarding new relationships.
• Ensuring compliance with all relevant AIB Policies and Standards; AML/CTF and Sanctions.
• Managing transactional & Due Diligence ‘requests for information’ from AIB network of correspondents, providing timely response.
• Analysis and continuous monitoring of incoming and outgoing traffic across AIB correspondent banking network.
• Assess potential AML / CFT risk associated with counterparty relationships, taking a holistic approach, to include review of AML controls; sanctions risk; adverse media; unusual routing patterns; intermediary traffic; downstream risk in order to protect AIB Group from sanction or reputational damage.
• Continuously investigate ways to enhance processes and controls in order to mitigate risk
• Dealing with colleagues in impacted business areas, building effect relationships without compromising independence

 What will you bring :

• Minimum of 2 years banking/financial services experience in completing KYC Due Diligence reviews desirable.
• Strong communication (written and verbal) and numerical/analytical skills and experience in a previous AML/Compliance role.
• 3rd level qualification is desirable and hold or undertaking of a professional qualification (ACOI/ACAMs/ICA) would also be desirable but is not essential.
• Good sound knowledge of Irish AML regulation/Directives and wider international standards/guidance in support of AML compliance, desirable but is not essential.
• Knowledge of correspondent banking; payment routing and transactional analysis an advantage

 Life at AIB

At AIB, we have a clear purpose - to back our customers to achieve their dreams and ambitions. We want to be at the heart of our customers’ financial lives by giving them an exceptional experience. That goes for our employees too.

We are building a culture that breaks the conventions of what our customer and employees expect of a bank.

We are committed to offering our colleagues choice and flexibility in how we work and live.  Our hybrid working model enables our people to balance their time between working from home and their designated office, subject to their role, the needs of our customers and business requirements. More details on our hybrid working arrangements and expected office attendance for your role will be provided to you during the recruitment process. 

AIB is an equal opportunities employer, and we pride ourselves on being the first bank in Ireland to receive the Investors in Diversity Gold Standard accreditation from the Irish Centre for Diversity. We celebrate diversity and believe in a culture of inclusion where all our employees can succeed. We welcome applications from people of diverse backgrounds and abilities. We are committed to providing reasonable accommodations for applicants and employees.

Skills

• Communication Skills
• Analytical Skills

Experience

• 2